February 2011
From The Director

Invariably, one of the most unpopular, yet most crucial aspects of financial planning is making preparations for your loved ones in the event of your passing, or in the event that you become critically ill and unable to maintain your family's financial stability.  Despite the hesitation that many people feel in planning for these situations, for a great many of us, such plans are essential.  This month's article deals specifically with this issue, discussing the importance of both life insurance and critical illness coverage.
As always, we welcome your feedback.  If you have any questions, or would like additional information, please do not hesitate to contact your financial advisor.  Should you not currently have an advisor at Select, please reply to this email and one of our senior consultants will contact you promptly.

Best Regards,

Imants Katlaps

Managing Director

“An ounce of prevention is worth a pound of cure.”

- Benjamin Franklin

Despite the fact that death is inevitable, many people do not like to talk about it and may even irrationally feel that making plans and being prepared for such an event just brings them one step closer. The fact is, however, that if someone relies on your income, making preparations in terms of life insurance is not only desirable, it's essential. Likewise, while imagining yourself seriously ill or disabled may lean toward morbidity, even more depressing would be finding yourself in such a state with inadequate health or disability insurance to cover such a large financial burden.

Life Insurance

Who needs it? YOU do, if …
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