Health Saving Account (HSA) is a tax-favored medical savings account, which is generally offered with a high-deductible health insurance plan. HSA offers cost-effective and tax reduction solutions for employers and self-employed individuals, to pay for healthcare benefits not covered by the Ontario Health Insurance Plan (OHIP) or a group health plan. An HSA is “an exclusively designed saving account” created …
Critical illness insurance: protect your assets, lifestyle and financial future
A critical illness can hit us at any stage of our lives. We are all susceptible – both men and women – and at any age, to illnesses that threaten our overall health and well-being. From cancer, heart attacks, and strokes, to multiple sclerosis, Alzheimer’s disease, and kidney failure, critical illness is devastating for sufferers and their families. And since …
Think term insurance for you and your family when you are healthy
When you are shopping around for term insurance – especially for that added measure of financial protection for the family – you certainly want affordable premiums. Currently, Foresters offers among the best rates for term coverage, compared to other insurance providers. Annual term insurance rates in the following table are standard, which can also be reduced from 10 to 25 …