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Posts from the ‘Employee Benefits’ Category

15
Mar

Group Insurance – Only Part of the Solution

Ownership of individual life insurance at its lowest level in 30 years

The Life Insurance and Market Research Association (LIMRA) 2013 study shines a light on a developing problem for Canadian households:

  • Individual ownership of Life Insurance was at its lowest level in 30 years;
  • 3 in 10 households did not have individual life insurance at all;

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13
Jul

Understanding Depression

Depression is a common illness that can be overcome

When it comes to understanding the prevalence of depression, the statistics speak for themselves. Experts say that 5% to 12% of all men will experience an episode of major depression at some point in their lives. The statistics are even worse for women, at 10% to 25%. At this very moment, hundreds of thousands of Canadians are suffering from depression. Unfortunately, many of them will never be diagnosed.

A big part of the problem lies with the diagnosis itself. Doctors often don’t detect depression because it’s masked by the more visible problems, like insomnia or weight loss. But in most cases, depression is an illness that can be overcome, and when a person receives the appropriate care, they can go on to lead a happy, normal life. Read more »