Will You be Financially Prepared 
WHEN
You Least Expect It?

DISABILITY Protection

Disability Insurance provides income protection for individuals, professionals and executives while you are sidelined and unable to work and earn your pay-cheque.  Unfortunately your mortgage and bills won't wait for your recovery to be paid.  It's not a matter of IF something will happen....it's WHEN.

General features of this type of coverage may include:
  • Tax free, monthly replacement of your income, if a disability prevents you from doing your regular occupation and you are not working anywhere else, typically to age 65
  • Eligibility based on earnings not health and often used to supplement LIMITED work plan coverage
  • May receive partial or residual benefits if you continue working in a limited capacity
  • Plans are varied and can offer options such as accident hospitalization, accidental death, rehabilitation benefits, built-in waiver and more
  • Options available for stay at home parents too
  • Helps you to protect your savings when you’re injured by enabling you to meet your monthly financial obligations without going into debt, while protecting your important credit rating as well

Plans are very affordable and can be customized to meet your needs.  Call us today to learn about this important protection.

CRITICAL ILLNESS Protection

Savvy consumers are now realizing the importance of Critical Illness insurance and are protecting their personal and family health.... now, while healthy.  This coverage protects against the high and unforeseen costs of treatements and/or income loss from being off work for recovery time for potentially patient and care-giver.   

General features of this portection plan include:
  • Covered conditions include - Cancer, Stroke, Heart Attack, By-Pass Surgery and many more illnesses
  • Lump sum, tax free payment of your benefit, 30 days after your initial diagnosis
  • No restrictions on how you choose to use the benefit - treatment, recovery, family trip, mortgage, bills,  a combination of all - you decide
  • Return of Premium and many other options availalbe policies - choose what suits your need and budget
  • No cost application process, however eligibility based on medical questionnaire and underwriting

Canadian stats indicate that over 48% of mortgage foreclosures are due to expenses relating to critical  illness and disability.   Guard against becoming a stat and see if you qualify for protection today.

LIFE Insurance

Life insurance seems like a common concept, much like car or house insurance - right?   It is generally obtained to provide funding for an individual's funeral and/or final expenses such as a mortgage,  Life insurance wil pay your designated beneficiary or estate a tax-free, lump sum payment upon your death.

However, life insurance is also one the most misunderstood financial tools.  Most people  who have life insurance either have the wrong kind and are under-insured for their actual needs.

Consider these questions: 

When and why should you have life insurance?
Can you get life insurance anytime you wish?
Are you "renting", "leasing" or do you "own" your policy? 
Do you know the types and benefits of life insurance coverage options?
Will you be able to afford your renewal term either financially or based on your health?
Are you aware of the riders and options avaialble to you in your policy?
Do you have a designated beneficiary or your estate named in your policy?
Will your policy become a valuable asset over time or something you can't afford?

If these questions caused you to raise an eyebrow, or muse....hmmmm?   

Call us today to arrange your free, no-obligation Insurance Needs Analysis consultation.

LONG TERM CARE Preparedness

Canadians are living longer than past generations.  The rising cost of health care will continue to escalate as time marches on...this is the reality we must face and prepare to handle as we age.  The importance of having the right plans in place to make sure you receive the level of care you need or desire if health challenges arise is fast approaching. 

Long term care insurance provides added protection that government plans alone may not be able to sustain, helping to minimize cost and stress to you and your family.  

Benefits of Long term care coverage typically provide:
  • Ability to remain self-sufficient without relying on limited government programs or burdening your family with care giving responsibilities
  • Helps to protect your savings so you don’t run out of money in retirement and are able to preserve an inheritance for your loved ones
  • Riders for a portion of return of premiums and to safeguard against inflation
  • Ability to have choices in your final years

Call today to learn more about this important coverage.


INVESTMENT Protection

As an educated consumer, you take care to insure your assets without question - you don't hesitate to insure your home, your car and other precious assets.  But have you ever considered insuring your investments?

Today, investors are seeking better returns with reduced market risk.  Saving for retirement has become a challenge regardless of your current circumstance.   Whether you are a younger pre-retiree looking to build your nest egg,  a "retirement on the horizon" investor looking to create your own pension, or a mature retiree considering how to pass on wealth to the next generation... everyone hopes to grow their investments and protect their capital.

Would you like to saveguard your savings, lock-in market gains and sleep better at night knowing your investments are protected?

Call us to today to learn how it can be done and let's get saving!


CREDITOR Protection

Creditor insurance can protect your ability to meet financial obligations by providing a benefit in the event of your death, disability, critical illness or job loss.   It can be a very practical option to ensure financial resources are available to meet these obligations without putting pressure on your loved ones to be responsible for your debt.

However, it is important to note that Creditor insurance benefits are paid directly to the lender, not you, the premium payor .  Enrolling in creditor insurance is voluntary, very easy to be accepted and typically completed with a very limited health questionnaire.  A common example of this coverage offering is when you take out your mortgage or loan.   Be mindful, that health questions must be answered truthfully and completely, as failure to do so may void the policy resulting in no benefit payment. 

Call us to today to discuss your risk managment needs and to learn about what type of coverage is right for you and your loved ones.