Protect Your Assets–But Don’t Spend Too Much
Purchasing insurance coverage to protect our assets is generally a smart way to avoid suffering catastrophic financial losses. However, finding the right balance of insurance coverage that will not break our personal bank can be a daunting task.
Whether our assets are physical in nature like a house or car, or they are intangible like our ability to earn an income, insurance is generally less expensive than replacing the lost or damaged assets. Below is a strategy used to balance insurance needs and insurance costs.
IMPORTANT LINK
Are you Eligible for Alberta Health Care Coverage?
What is Covered By Provincial Plan?
What is Not Covered Under the Provincial Plan?