A case for critical thinking

The alarm goes off – ugh, time to get up and go to work. As you give your pillow a final fond squeeze, you think how sweet it would be to stay in bed and not go to work. But have you ever stopped to imagine what would happen if you suddenly couldn’t work? You have life insurance to protect your family in case you get sick and die, but what if you get sick – and live? The costs of treatment, care and inability to work can ravage a family’s finances, yet according to a recent poll conducted by TD Insurance, 65% of Canadian parents don’t have critical illness insurance. Let’s look at 7 famous women who survived life-threatening breast cancer and see what you can do to protect yourself and your family.

Additional Articles

Lady luck: The no. 1 career secret from the world's top earners

How to leverage luck to build your career

Employment/Career, Self-Employment/Small Business, Money Media

There are some people who seem to draw success like a super magnet, dragging in promotions, accolades and wealth. Just how do they do it? According to a new book by Jim Collins and Morten T. Hansen, “Great by Choice,” the answer is pure luck. But before you let your green-eyed monster declare the career world is against you, consider this: most of these success stories were no luckier than the average person – they just did a much better job of capitalizing on every break they got. read more »

To serve and protect (your income), think disability insurance

Employment/Career, Insurance

Many of us worry we’ll get sick. To be honest, the majority of us are probably hypochondriacs. It seems to go hand in hand with being a woman and ensuring we’ll be around for the long haul to care for our loved ones. But most of us don’t consider the devastating financial consequences that can result from a prolonged illness or injury. What would happen if you or your partner had an accident, became disabled or ill and could not work for a period of time...or ever again? How would you pay the bills? How far would – or could - you go into debt? Accidents are a part of life. According to Great West Life, one in three people will be disabled for 90 days or longer at least once before the age of 65. The average length of a disability that lasts over 90 days is 2.9 years. (You would likely have to sell your home or worse). But there is a solution. Let disability insurance step in to serve and protect your income needs. read more »