Admin The difference between recreational and medical drug use in life insurance policies lies in how they are perceived by insurers. Recreational drug use refers to the non-medical use of drugs for leisure or pleasure, such as cocaine, ecstasy, heroin, and cannabis. On the other hand, medical drug use involves the use of prescription drugs for … Read more
How Does the Contestability Period Affect Life Insurance Premiums- The contestability period in a life insurance policy is a provision that typically covers a period of one to two years from the effective date of the insurance policy. During this time, the insurance company has the right to contest the validity of the insurance policy … Read more
Life Insurance for Immigrants in Canada-Benefits, Cost & Application Process-Life insurance is a type of insurance policy that provides a financial safety to loved ones after the policyholder passes away. In exchange for regular premium payments, the beneficiaries of the policy will receive a designated sum, known as the death benefit, upon the policyholder’s passing. … Read more
Canadian Mortgage Rates for Non residents-Non-residents seeking to invest in the Canadian real estate market often require financing to purchase property. Understanding the mortgage rates available to non-residents is crucial for making informed decisions. Here’s an overview of Canadian mortgage rates for non-residents, including the eligibility criteria and the application process. Eligibility Criteria for Non-Residents … Read more
Canada Mortgage Application Process for Residents and Non Residents-Purchasing a property in Canada can be an exciting investment opportunity for both residents and non-residents. However, the mortgage application process can be complex and overwhelming, especially for non-residents. In this article, we will provide a comprehensive guide to the mortgage application process for residents and non-residents … Read more
Canada Mortgage Down Payment for Non Residents– Purchasing a property in Canada as a non-resident can be an attractive investment opportunity. However, non-residents seeking a mortgage in Canada should be aware of the specific down payment requirements. The down payment for non-residents is typically higher than that for Canadian residents. Here’s what non-residents need to … Read more
Canada Mortgage Visa Requirements-A mortgage is a loan from a lender, typically a bank, that is secured by real estate. It enables individuals to purchase property by borrowing a significant portion of the purchase price and repaying it over a set period, along with interest. The key terms associated with a mortgage include the loan … Read more
As a prospective international student, one of the most important factors to consider when planning to study in Canada is the minimum bank balance required for a student visa. The Canadian government requires students to demonstrate that they have sufficient funds to cover their expenses while studying in the country. In this article, we will … Read more
One of RAKBANK’s top services in the UAE is the personal loan. With an obligatory salary transfer, the borrowers can obtain a loan from RAKBANK up to 20 times their salary at an attractive interest rate of 5.99% per annum. Both UAE nationals and foreigners can choose a flexible payback period of up to 4 … Read more
The Emirates Islamic Bank was founded in 2004. The Emirates Islamic Bank personal loan complies with Shariah law, just like all other products offered by the bank. An experienced Shariah Board oversees Emirates Islamic Bank. The bank provides a wide range of goods that combine Islamic banking’s historic principles with contemporary financial practices. Large loan … Read more