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Cover Advisors

Archive for May, 2020

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Are Life Insurers Profiting from COVID-19?

Last week I wrote to the BC Health and Finance Ministers asking them to take action to force Canadian Life insurance companies doing business in BC to accept fluid test results provided by insurance customers. Read our May 22 blog post for more details here. Being a cynic at times, I think about the potential […]

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Canadian Insurers Putting Canadians at Risk

Canadian life insurance companies’ refusal to accept test results shows a lack of leadership in the insurance industry and puts Canadians at risk of being underinsured. They say they are trying to keep Canadians safe but we don’t buy it. We have written to the BC Finance Minister and the Minister of Health for their help to force insurance companies to accept test results that British Columbians will […]

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Donating Life Insurance to Charities

The following Bulletin was released by the BC Financial Services Authority (BCFSA) on May 4, 2020 and updates the BCFSA’s position on the donation of life insurance policies to registered charities. This bulletin clarifies the Authority’s position after the surprise announcement in November of 2019 that the BCFSA prohibits the donation of life insurance policies […]

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Taking Advantage of COVID 19 Economics

When the value of  business has declined, the timing may be right for an estate freeze…. During these unprecedented times, the value of your private corporation or other assets may have dropped 10%, 20%, 30% or more. While this result is very challenging, it may be the right time to take advantage of the lower […]

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Generation 3 Comes to Cove

We are excited to officially welcome Nikki to the Cove team! Christie and I are thrilled to have someone from our next generation within the family want to pursue insurance as a career. Knowing Nikki as we do, we are confident she’ll do spectacularly well. She has the potential to not only earn a good […]

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Phone: 604-924-9152
Toll Free: 888-783-5402
Email:
[email protected]

270-2255 Dollarton Highway
North Vancouver BC
V7H 3B1

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