To win you need offense and defense

For any sports game to have a successful outcome there must be both a strong offense (to score) - and a strong defense (to protect)…

To be successful and to win in the “game of life” is no different!

However, in my experience, I have found that most Canadians are usually more interested in their investments - the offensive side - albeit the “sexier” side of the “duo”…

Little attention is spent on the defensive side - insurance. Sadly, often to their detriment…

Many Canadians are generally not aware of limitations in the health insurance coverage provided by their employers and government health plans. So when they are faced with a catastrophe such as a disability, an illness or premature death in the family many are forced to take funds out of their investment portfolios and RRSPs to help them cope…

Life insurance, critical illness insurance and disability insurance are designed to provide the necessary foundation (defense) to protect one’s family AND investments….

Investment plans are the “offense” in ones financial life – insurance in all it’s forms is the “defense”.

Below are excellent calculators designed to assist you in reviewing how well your “defense” programs are:

Life Insurance: http://www.manulife.ca/canada/ulcalcs.nsf/Ircalc?readform

Critical Illness Insurance: http://www1.manulife.com/canada/ulcalcs.nsf/cic?openform

Disability Insurance: http://www.manulife.ca/Canada/ilc2.nsf/Public/LB_disabilityins_calc

Or just go to my Website for all the links… http://www.howtobesetforlife.com/library/

Let us all know what you think here…