American Income Life: Pay Cheque Protection

 

*** 
Relevant Background: With an additional 10 year renewable and convertible policy, a pay cheque protection (monthly payments) may be extended up to 8.5 years for family members to recover from the loss of a salaried family member.
*** 


Comments

Post a Comment

Popular posts from this blog

American Income Life: Accidental Benefits

Image
  Accidental benefits include benefits for travelling via a common carrier and/or for any cause of death such as a pedestrian or accident at workplace. ICU, overnight hospital benefits and benefits to get the injury looked at are part of hospital benefits…covered by the hour power philosophy.  ***  Relevant Background : Along with the freedom of choice allocation, American Income life agents also request permission to allocate hourly wages each week (as part of the hour-power philosophy) for accidental benefits and pay cheque protection. Policyholders may also allocate their wages to accidental and pay cheque protection benefits via allocating a certain % of their income (Need Analysis Approach), monthly allocations, and dollar a day allocations. To activate these benefits, no  activation is required..as these benefits are part of a larger package such as through a union or employer. The hour power philosophy provides these benefits 24/7 (they are active around the c...
Read more

American Income Life: Income Protection Coverage for Disability

Image
  *** Relevant Material : " In 2022, 27.0% of Canadians aged 15 and over, or 8.0 million people, had at least one disability. This represents an increase of 4.7 percentage points from 2017..." (" New data on disability in Canada, 2022", 2023  )  ***  References  (2023, December 1). New data on disability in Canada, 2022 . Statistics Canada. Retrieved July 2, 2025, from https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2023063-eng.htm
Read more

American Income Life: Will Kit (No Cost Benefit)

Image
  *********************************************************** Relevant Background : The cost of a will is anywhere from $940 - $1500 in North America. Most people have beneficiaries for their bank account and life insurance but very few people have a will set up.  Relevant Material:  " We have been rated The Best Canadian Will Service by  Top Consumer Reviews.... It's never too late or too early to protect your family's future. Start now by creating a Last Will and Testament to ensure that your assets stay in the hands of those who matter most. Our Online Free Legal Will service:  Was created by Attorneys/Lawyers  Is Absolutely Free – No Strings Attached (Open to everyone – no subscription – no credit card)  Has operated for 25 years – First in this market space  Provides live person support 7 days a week (7am to 7pm Pacific)  Is a complete Will-based estate plan  Includes digital assets, pet trusts and guardianships  Is User friend...
Read more