BS - Wednesday, January 18, 1984 - North Shore News 8 x SS ncgeanevente tease ee AN ENHANCED culinary apprentice program in B.C. totalling $800,000 was announced recently by B.C. Labour Minister Bob McClelland, Senator Jack Austin, Minister of State for Social Develop- ment, and Jean Dann of the B.C. Hospitality In- Ka Me ean ait ANON i AEN AR Ardy BUSINESSES ALONG Marine Drive, North Vancouver, vie for the attention of both motorists and pedestrians alike with signs of all shapes and sizes lining the busy thoronghfare. Street parking continues to be a major problem in the area, in spite of business owners’ efforts to provide off-street parking. LOOKING AT INSURANCE IN A PREVIOUS column | discussed the idea of reviewing the beneficiaries of your life insurance policies to make sure the right people are named. This time I want to discuss some of the other reviews — that you might want to think about with your coverage. Even in an_ inflating economy there can be. situa- tions where reduced coverage makes sense. If all your children are out of school and working an existing family income addition on a policy might now seem un- necessary. The saving won’t be large, but every little bit helps. If the beneficiary in a policy has died, you'll want to change the beneficiary or, you could take paid-up coverage, i.c. stop payin premiums and have a reduced amount of life insurance completely paid-for that will 6° into your estate when you ie. If there’s no need for this coverage you can take the policy’s cash value. (These options are available only in the permanent-type policies, of course.) ou may have a= term Johe G. Chesser, CLU me 8 MA r) AINPRESS FHUML L — mw ee eee fi @ 4 airy Imcomes Ask about our new Sun Escalating Aanuity ft has payments that grow to help you kecp pace with inflacon Call ot Wine fos your free bookict Sun Life of Canada 1500 1BM Tower, 701 W Georgia Street Vancouva,, B.C V7Y 16 689-3466 Get your life in shape. ‘ ] Pu ASE KUSH ME INFORMATION ON RETIREMENT PLANNING PNT Aa COPED policy that is no longer re- quired for the original pur- pose you bought it (you took it Out to cover a loan which has been repaid, perhaps). You can cancel this one — or convert it to a permanent plan, if this option is available to you and you need additional permanent coverage. The advantage in converting is mostly one of convenience — the paper- works’s largely done and you won't need a medical. Something clse you might look at with your permanent plans is dividends. If you’ve been letting dividends ac- cumulate, you’re likely delighted with the way they've been growing recent- ly, but they might be put to another use. If you need cash, you can cash them, another indirect way to get cash ts to apply the dividends to premium payments thus live on Jack Chivo, Ph.D By MARILYNNE A. KING saving up to the whole amount of the premium — depending on how long ago the policy was purchased. Another popular applica- tion for dividends — use them to buy paid-up policy additions; that is, to increase your coverage. These addi- tions also earn cash value. To enhance your coverage even more, dividends can be used to purchase one-year term in- surance. This coverage lasts only a year, but it’s replaced by a larger amount each suc- ceeding year. This is one way of helping your insurance coverage keep pace with inflation. You might prefer to leave things the way they are and just watch your dividends ac- cumulating at interest each year. Even though they're readily available to you, they seem slightly remote and that’s a bit of an advantage for accumulating money. ” NEWS photo Erle Eggertson -~utting makes sense There are still more things you can check into with your policies: change of address; proof of age if one has never een submitted; policy assignments (transferring ownership rights to someone else); policy riders to con- sider; decision to specify the method of settlement; fre- quency of premium payment change. All these things are easily addressed when your agent helps. If you don’t have an agent, you can contact your company’s nearest branch of- fice, or write the company. If you do write the company, however, be specific about what you require; if you want a full review, in all likelihood a new agent will be assigned to help you. Marilynne A. King is a North Shore life insurance agent licensed by Manufac- turers Life. She may be reached at 681-5411 to answer any questions about ber column. FROM ONE PRO TO ANOTHER. Are you satisfied wath vour answering service 2 dinar consider how much mare you dep with Wes-Tel’s professional answering secuice: experny trained operatars acceppyour calls for business of residence around the clock, and relay Messages toa Vou at Cour CONVENIeNeE, We're the preferred answering service in the West We're proud to help you communicate better, Dependion us., References qladly provided, wes[ free 980-3611 dustry Education Advisory Committee (HIEAC). Making the announce- ment on behalf of John Roberts, Minister of Employ- ment and immigration, Mr. Austin noted that this cost- shared project is the first of its kind in Canada and will recruit and train 50 new ap- prentices throughout B.C. and provide another SO ap- prentices already indentured with skills upgrading. To date, more than half this target has been realized. The program is the result of three years of discussions between the governments and members of the hospitality industry. Approximately 60% of program costs, which include trainees’ wages, will be financed by the two levels of government. The balance will come from participating employers. There are approximately 2,500 journeymen chef posi- tions in B.C. with a minimum attrition rate of ten per cent. At present, the hospitality in- dustry has the capacity to train about 60 chefs a year. A major objective of this pro- gram will therefore be to ex- pand the training capacity during this year so that it can become self-sufficient and provide valuable skills to meet the demands within the industry. As part of this agreement, HIEAC has appointed Bruce Wilson as the full-time pro- gram coordinator. Wilson is on a leave of absence from Pacific Vocational Institute where he has been an instruc- tor, for the past.12 years. He is also the Chairman of the Education and Scholarship Committee for the Canadian Federation of Chefs de Cuisine. The program will be tailored to a variety of local needs of the industry throughout the province and will utilize the best possible training resources including community colleges and local hotel kitchens. Employers wishing to participate in this program should contact the HIEAC Offfice in Vancouver at 872-1813. Are you @e smait buBiness requiring ACCOUNTING SERVICES ? If so, ring COMPACT 984 — 6103 a 24 HOURS TELEPHONE ANSWERING SERVICE ONLY $SO PER MONTH CLASSIFIED ANSWERING SERVICE 669-7973 Whistler, B.C. LOTS FOR SALE 15 Single Family 17 Duplex 27 Multi-Family or Pension Nordic Village ts a fully serviced 64 acre subdivision ottering excellent tee simpte Duilding tots Hits within walking distance of the Whistler Mountain Gondola tite and is across the high way trom the beach at Alla lake Wayside Park Interested pames are invit Lands Parks and tlousing Avtaiied information ed to contact the Ministry of or a Whistler realtor to obtain mc tuding a price list for the lots Ministry of Lands, Parks & Housing 4240 Manor Strect Burnaby, 68C V5G 1B2 Telephono. (604) 438-5344 Mirustry of | ands Parks and Housing Perens atte Anite» WO sean ners Mirvate