American Income Life Vancouver

06/28/2023

06/28/2023

The best protection is the one you have when you need it ❤️
You can still claim your free Will Kit and free Child Safety Mcgruff Kits

Did you know that more people buy life insurance from Globe Life than any other company? With roots going back to 1900, Globe Life has been committed to help...

06/18/2023

Free McGruff Safe ID Kits and Free Will Kits are quite popular. What’s the catch? Nothing. You get to learn about permanent private benefits that never goes up in price and stays with you forever with the added benefit of one of the fastest payouts in the industry. Nothing is left on the table and your beneficiaries will be taken care of. It’s that simple. It’s an opportunity to learn about a topic not often talked about until it’s too late. For those that know me, high pressure meetings are not part of my routine 👍👍👍

05/16/2023

Made my first presentation AND completed the application! Living benefits are so important that owning coverage is like having a safety net (in terms of lost wages due to time loss receiving medical treatment). Treating minor injuries can affect your weekly budget. You can be protected and be insured for that.

04/06/2023

This is terrible news 😢😢😢

04/04/2023

FREE Will Kit:

Do you have your Will set up? Many don't as this is often over looked

Help protect what you’ve built.

You built a blissful life: made your house a home, raised bright children, and connected with your neighbours and community. A life well-lived deserves a proper send-off.

American Income Life’s no-cost Legacy Will Kit helps you decide who will take care of your family, leave all you’ve worked for to those you love, and secure your future wishes.

WE PAY ALL LAWYER FEES so you don't have to when submitting your Will

All meetings are held virtually online

03/30/2023

Risk transfer in life insurance refers to the process of transferring the financial risk of an uncertain event (such as death, disability, or critical illness) from an individual or a company to an insurance company. In exchange for paying regular premiums, the insurance company assumes the risk of paying a specific amount of money to the policyholder or the policyholder's beneficiaries in the event of the insured event.

For example, when someone buys a life insurance policy, they are transferring the risk of their premature death to the insurance company. If the policyholder dies while the policy is in effect, the insurance company will pay a death benefit to the policyholder's beneficiaries. The risk of the financial loss due to the policyholder's death is transferred from the policyholder to the insurance company.

In summary, risk transfer in life insurance is the fundamental concept of how insurance works, where individuals or companies transfer the financial risk of an uncertain event to an insurance company in exchange for regular premium payments.

03/24/2023

AIL's ACCIDENT POLICY pays cash benefits for accidental injuries. The policy is guaranteed renewable and cannot be cancelled as long as premiums are paid on time. This is an ACCIDENT-ONLY policy.

AIL's HOSPITAL INDEMNITY insurance policy that can help protect your family from the unexpected. Whether you are in the Walk-in-Clinic, ER, ICU, inpatient, car accident, common carrier accident (bus, train, plane) and/or dismemberment (lose a limb), we have you covered during your time of recovery

AIL's CANCER PROTECTION for when cancer strikes, it shows no favouritism. Everyone is at risk. Medical advances have increased chances of survival, but surviving a cancer diagnosis often causes financial hardship for families whether the patient is the primary wage earner or another member of the family. The majority of working men and women don’t have the financial resources to survive while they are unable to work. This is a CANCER ONLY policy

AIL's CRITICAL ILLNESS could pay your bills and take care of your family financially if you were unable to work for weeks … or months. What is your risk of having a critical illness? With people living longer, they’re more likely to experience a critical illness like a heart attack or stroke. How would you pay deductibles, copayments, or coinsurance and other out-of-pocket medical expenses related to your illness? A critical illness policy can mean the difference between financial security and financial hardship. The benefit can help ease your financial burden and lessen your worry.

TL;DR AIL's has a range of A&H products that are meant to be affordable to protect you when you should be recovering

03/22/2023

Term life insurance is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years (eg. 30 years). If the insured dies during the time period specified and the policy is active, or “in force,” then a death benefit will be paid.

Term insurance is initially much less expensive compared to permanent life insurance, such as whole life. This is because it’s not designed to last through old age, which is when life insurance premiums are the most expensive. And, unlike most types of permanent life insurance, term life insurance has no cash value.

Many term policies offer the option to convert from term to permanent insurance (eg. to whole life insurance which can build cash value)

TL;DR: Term Insurance is the cheapest option for life insurance but will expire (you could out live your policy and your loved ones will collect nothing)

03/21/2023

The needs analysis is a way of determining the appropriate amount of life insurance coverage an individual should purchase. This approach is based on the creation of a budget of expenses that will be incurred, including funeral expenses, estate settlement costs, and replacement of a portion of future income to sustain the spouse or dependants.

To understand the underpinnings of a needs analysis, we focus on 2 variables:

1- The amount that will be needed at death to meet immediate obligations.

2- The future income that will be needed to sustain the household.