Jennifer Maier, Certified Financial Planner

SMART Finances: Getting Life Insurance for Your Mortgage

2008-03-07T14:45:00.000-08:00

Whether you’re buying your first home or renewing an existing mortgage, you have probably considered getting mortgage insurance. But don’t sign the insurance policy offered by your lender just yet; it may not be the best choice for you. Looking into your options could save you some cash and provide you with better insurance.

Mortgage Life Insurance: It sounds simple, and it is…

If you pass away, a mortgage life insurance policy gives money to your bank to pay off the remaining balance on your mortgage. Very simple.

Renewable Term Life Insurance: Better options, more choices…

Term life insurance is what people typically regard as standard, plain old life insurance. If you pass away, a term life insurance policy pays the amount of money that you choose to the person(s) you designate. The obvious difference is choice. You may have other debts that you want paid off or want to leave some money behind for the people you love. Perhaps someone relies on your income and will require a replacement for that income. These are only some of the choices you can make with Term Life Insurance.

Making the best choice…doesn’t mean buying the most expensive product

In most cases, the cost of Term Life Insurance is comparable or even lower than Mortgage Life Insurance. If someone gives you an insurance quote that is much higher than basic Mortgage Life Insurance, find out why. It may be for too much coverage or for a more complicated type of insurance, such as a Universal Policy. A good insurance agent will ensure that you understand exactly what you are buying.

What if you get sick or can’t be insured…and you’re going to live

Chances are, your mortgage (and your Mortgage Insurance) will need to be renewed within 5 years. If you get sick, you might not re-qualify for insurance at the time of your mortgage renewal – even if you are cured. A Term Policy that is guaranteed renewable is the better option for cases like this. Even if you get sick and no one will give you insurance, you can extend guaranteed renewable insurance or make it permanent. But don’t just take my word for it; read The Wealthy Barber by David Chilton for his view on the type of insurance that is best for most people…that’s right…RenewableTerm Insurance…not Mortgage Life Insurance.

There’s more to life than life insurance!

When someone is helping you choose life insurance, they should also consider your other needs and priorities. After all, there’s no point spending all your money on insurance. You want to live, have a home, save for retirement and have a few vacations worth remembering. A good financial planner can help you make the best choices and many (myself included) have their insurance licence. So take a moment before you sign your name to an insurance policy. Be Smart. Call an expert and get what’s best for you.

Jennifer Maier, CFP
Certified Financial Planner
http://www.jennifermaier.com/
jmaier@perlerfinancial.com
(604) 468-0888
*S.M.A.R.T.= Success, Meaning and Results Tips

Don't Worry - Things Will Get Better

2007-04-13T11:59:00.000-07:00

Ever worried about what will happen in the future? How will you find the money for sudden expenses? Will you have enough money to raise your children? Will you be able to save enough for retirement. Well, relax and plan but don't worry.

As a financial planner, one thing i have learned is that you plan as best as you can but shouldn't spend a lot of energy worrying. Most of the bad things that we worry about never happen and when difficulties do arise, we usually find a way to overcome them. Being proactive in getting information on your options and needs is really a great step. But also remember that you have lots of time in the future to do things. maybe there will be some hard months but as time goes by, most people make more money, gain more experience and their standard of living goes up.

We live every day in the present but planning for the future also means having some faith in your ability to move forward. Planning can accelerate you toward your larger goals and make more things achievable. So enjoy each day and minimize the time you spend worrying. Spend more time planning and you will keep moving forward. You can do it!

Harvest Day October 29th 2006

2006-10-10T14:56:00.000-07:00

Jennifer Maier Invites You To

HARVEST DAY 2006!!

Food, Fun & Pumpkins!!

October 29th, 2006 10am– 3pm

Come pick a pumpkin from our indoor “pumpkin patch” and enjoy our other events

Face Painting
Michael the Magician
Mark the Caricaturist
Calligraphy Bookmarks
Puppet Show
Hot dogs and drinks
Candy

Sunday, October 29th from 10 til 3

Where: Pitt Meadows Heritage Hall @ 12460 Harris Road, Pitt Meadows, BC
RSVP: to Jennifer or Casey @: 604.468.0888 Or admin@perlerfinancial.com

As always, please feel free to
bring a guest to join in the fun!!

Driving Instructions:

If you are coming from East Maple Ridge…
Start out going West on Lougheed Highway/Provincial Route 7
Drive 2.66 KM. Turn left on Harris Road. Drive 0.25KM to
Pitt Meadows Heritage Hall at 12460 Harris Road

If you are coming through Port Coquitlam toward Maple Ridge...
Start out going East on Lougheed Highway / Provincnail Route 7
Drive 9.30 KM . Turn Right onto Harris Road . Drive 0.25 KM to
Pitt Meadows Heritage Hall at 12460 Harris Road

PS– Thank you again for your referrals and continued patronage.

The opportunity to meet more people just like you is the best part of my job!!

2006-09-01T11:50:00.000-07:00

CASH FLOW GAME NIGHT
Saturday, September 30th

Time to have fun, play games and…
Get Out of the Rat Race!

Date: Saturday September 30th
Time: Doors open at 5:30 and we start at 6:00
Location: Perler Financial Office
#405 - 2963 Glen Drive, Coquitlam
Please note: You will need a door code to get in the building.

RSVP to Jennifer Maier via email jmaier@perlerfinancial.com or call 604 468-0888
Cost: Only $10 per person

Time to Take the Next Step

2006-07-27T13:35:00.000-07:00

There comes a time in your life when you realize that if you stand still, you will remain at this point forever. You realize that if you fall and stay down, life will pass you by....

Life's circumstances are not always what you might wish them to be. The pattern of life does not necessarily go as you plan. You may at times be led in different directions that you never imagined, dreamed, or designed. Yet if you had never put any effort into choosing a path, or tried to carry out your dream, then perhaps you would have no direction at all

Rather than wondering about or questioning the direction your life has taken, accept the fact that there is a path before you now. Soon your steps will become firm, and your footing will be solid again and a path that you never imagined will become the most comfortable direction you could have ever hoped to follow. You will find it magnificent, spectacular, and beyond your wildest imaginings...

~Vicki Silvers

2006-07-10T15:19:00.000-07:00

Top 10 Wealth Accelerators

In order to get what you want, it makes sense to use proven methods. Life is too short to try and reinvent the wheel or to learn everything. So the smartest thing to do is to go out and find the people who know the methods to succeed.

1. Goals First, Money Later
2. Healthy = Wealthy
3. Passion: Do what you love
4. Brainstorm…without limits
5. Be a Forever Learner and explore new talents
6. You have to START somewhere: Build a Bridge…and get over it
7. Focus is essential

8. Help others
9. Get a money buddy
10. Talk to a Financial Planner...like Jennifer Maier

For more information and details on how Jennifer can help you, send an email to jensteam@perlerfinancial.com

Cash Flow Game Night

2006-04-18T13:49:00.000-07:00

CASH FLOW GAME NIGHT

Friday May 19th

Time to have fun, play games and…
Get Out of the Rat Race!

Date: Friday May 19, 2006
Time: Doors open at 5:30 and we start at 6 pm sharp
Location: Century House, New Westminster

620 8th Street (6th Ave and 8th St)

RSVP to Jennifer Maier via email jmaier@perlerfinancial.com or call 604 468-0888
Or Stenvne (Steve) Thomas via email at:Stenvne.Thomas@GoldenSwordEnterprises.com

or call: (604) 524.6772

Only $10 per person

Join Us For CASH FLOW GAME NIGHT every 3rd Friday of the Month

Jennifer Maier, CFP
Certified Financial Planner
Perler Financial Group

www.perlerfinancialgroup.com

Stenvne I. Thomas
Cash Flow Game Night Coordinator
www.goldenswordenterprises.com