The Hammer Clause: When Being Right Can Cost You Most business owners assume their insurance company will defend them when a claim arises. But a clause buried in their policy could leave them paying significant legal costs, even when they’ve done nothing wrong. It’s called The Hammer Clause. Common in professional liability, directors and officers (D&O), and errors and omissions
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Five things to know about critical illness Article provided by Jeffrey Gregory of Desjardins Financial Life can be disrupted in more ways than one for someone diagnosed with a critical illness, and for those close to them. Here’s an overview of some facts about this issue, along with some of the ways that you can protect yourself today from the
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Corporate Contingency Planning Sponsored by Jeffrey Gregory Of Desjardins Financial Security Investments Inc. An interactive online zoom call on Tuesday June 28 @ 7:00 PM In this presentation, Jeffrey Gregory and Milena Cardinal will touch on a few strategies for effectively ensuring the survival of corporations and businesses in the event of tragedies: 1. Contingency plans for emergencies and tragedies
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How useful is wage-loss insurance Around 22 million Canadians have life insurance, but only 12 million have insurance in case they become unable to work due to a disability. Is that because the risk is lower? February 24, 2022 – Contributed by Jeffrey Gregory. We’re all familiar with the famous quote from Benjamin Franklin to the effect that only two
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TheGAAP.net Presents: Minimize Your Risk, Protect What You Own … Sponsored by Jeffrey Gregory Of Desjardins Financial Security Investments Inc. An interactive online zoom call on Tuesday April 27 @ 7:30 PM As we start getting closer to retirement age we start thinking about all the things we want to do that we don’t seem to do when working. In
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A way to enhance a life insurance policy by incorporating an additional component. Contributed by Jeffrey Gregory January 28, 2021 When it comes to life insurance, people don’t necessarily have the same needs. While the basic goal is always to provide financial coverage in case of death, different solutions might be contemplated depending on whether it’s a matter of protecting a family’s standard of living,
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What type of insurance can be used as an income protection plan for at least one year or more, is affordable, is a great option for self- employed individuals or small business owners аnd аllоwѕ the insured to receive a lump ѕum bеnеfіt to use, as needed? If уоu guessed Critical Illnеѕѕ Insurance, you’re more enlightened than mоѕt. It’s a
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The cоѕt of not having dіѕаbіlіtу insurance Dіѕаbіlіtу іnѕurаnсе, also known as an income replacement plan, can be one of the most important additions to a secure financial plan. Unfortunately, it’s оnе оf thе mоѕt overlooked tуреѕ of insurance. Common objections are it’s too expensive or “I’m healthy and don’t need this protection”. An accident or sudden illness could prevent
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