Crossgrove Blog

Disability Insurance Protects Clients As Well As Advisors

Although each client has different financial needs and obligations, one of the first questions to ask clients is “What is your most valuable asset?” Some may say it is a home or investment; however, their most valuable asset is the ability to work and earn a living. Without an income, it becomes hard to afford even regular living expenses.  Contact us at Crossgrove & Company and let us show you how to protect the investments that are upheld by your biggest asset: you!

Keep what's yours

Life insurance is by far the most misunderstood asset class in Canada. Most people only see it as a benefit to their dependents or their already successful family members. But almost all the wealthiest families in every industrialized nation in the world see this instrument as an asset to use for themselves, not just the next generation.  Contact us at Crossgrove & Company today!  We'll help you find the policy that best fits your financial goals in a way that has you keeping more of what you've earned!

Strong appetite for virtual health-care offerings

The product became more important during the coronavirus pandemic as Canadians sheltered in place to avoid infection and investors simultaneously pinned their hopes on technology companies at dizzying rates.  Contact us at Crossgrove & Company to find out more about products like Members Health, where doctors are at your fingertips 24/7...

You need long-term disability insurance. Now what?

Long-term disability insurance likely isn’t something you ever want to be in a position to need, but if ever you do need it, you’ll be grateful it’s there. Like short term-disability insurance, it provides financial assistance to an employee who is unable to work because of an accident, injury or illness. True to its name, long-term disability (LTD) payments cover a long period of time—as much as several years. Contact us at Crossgrove & Company to get a free assessment of your needs and let us take care of the application process for you!

My husband spent his dying days worried about finances. No one with cancer should live that way..

'When we found out his cancer had become terminal, our lives were once again upended. One of the changes that had a profound impact on David was his loss of income.'  Have peace of mind by contacting us at Crossgrove & Company and let us make reviewing and applying for a critical illness policy a breeze.  

Half of Canadians see anxiety and depression as disabilities: survey

“Diagnosed depression and anxiety can indeed be debilitating, but the findings show that most of us don’t truly understand the impact of something until we’ve experienced it ourselves,” said Maria Winslow, senior director of life and health at RBC Insurance, in a press release. “There is still a large portion of Canadians who do not consider the sometimes invisible ailments of depression and anxiety as disabilities, yet mental illness causes the majority of disability claims at RBC Insurance.”  Contact us today to ensure that yourself, your loved ones, or perhaps even your employees are well covered!

Foresters Financial launches new critical illness insurance

With 48% of home foreclosures being the result of injury or illness, Foresters Financial™, the 146-year-old fraternal life insurer, announces the launch in Canada of Live Well Plus and Live Well - critical illness insurance products focused on the needs of under-served everyday Canadian families. The two offerings represent a comprehensive refresh of critical illness insurance at Foresters with new pricing and expanded benefits.  Talk to one of our licensed advisors today!

Why buying life insurance for your parents can make financial sense

If your parents don’t have an insurance policy or the funds to pay their own way in their later years, you can buy life insurance for your parents yourself, assuming they’re on board and can qualify for coverage.  Contact us today!

Insurers rethink client service

Today’s challenges can be overcome with a new value proposition, a report says.

To succeed over the next decade, insurers must get serious about relationship-building with consumers, says a new report from New York–based McKinsey & Company.

At Crossgrove & Company, we've taken many strides to develop our ability to handle change and improve the relationships we share with both clients and prospects.

Disputing when critical illness insurance is payable

Thinking of cancelling your Critical Illness insurance policy?  You may want to reconsider!  Not only will 1 in 4 people develop a critical illness by age 65, but a critical illness is also one of the main reasons behind home foreclosures.  Read more to find out what this individual realized after cancelling his critical illness insurance policy...

Marketplace in Denial - Mortgage Insurance Exposed

Why pay more for less?  Mortgage insurance values decrease with time as you pay off your loan to the bank, and cost more than term life insurance; a coverage that not only maintains its original face value, but also allows you to appoint a beneficiary of your choosing instead of the bank.  Take a look...

COVID-19: Life insurers’ measures

P&C insurers are not the only firms that have taken measures to mitigate the effects of the COVID-19 crisis. Life insurers in Canada also adjusted their products and methods extensively.

Travel Insurance Amidst COVID - The latest from Allianz, Manulife and the CLHIA

Now that Blue Cross Ontario and Blue Cross Quebec, along with B2C insurer Medipac, have introduced COVID-19 coverage into select policies, travel advisors are watching to see if others others will follow suit.

COVID-19 and No Medical Life Insurance – What You Must Know

With numbers rising sharply, particularly in the U.S. and Europe, and without a vaccine in place, insurance companies are trying to adjust their approaches, products, and customer service to the new normal.