Product & Services
Insurance
Life insurance is commonly used to:
- Cover last expenses and immediately provide cash for surviving family members
- Pay off mortgages and other debts
- Eliminate tax liabilities triggered at death
- Replace lost income for the surviving spouse and dependent children
- Provide education funds for children
- Provide Peace of Mind
In addition to meeting your personal planning needs, life insurance can also play a large role in addressing business risk management and succession planning.
Life Insurance – Term or Permanent, Universal, Whole Life
The best way to compare Term vs Permanent insurance is like renting or owning a home. Having a Term policy is like renting. You pay premiums for the term of the policy, which then it may expire or you can renew for another term. Ie. Term 10 (ten years), 20 (twenty years). There is no cash value attached to the policy. The death benefit is paid to beneficiaries if a person dies within the term.
Permanent Insurance is like owning a home whereby you have cash value in the policy. Permanent Insurance could be available for life until death or is it is surrendered for cash value. Beneficiaries are paid the death benefit when one passes away.
- Critical Illness – a living benefit coverage that can help pay for additional costs associated with life altering illnesses. There are 2 types 1) covers 4 illnesses 2) 25 illnesses.
- Disability Insurance – income replacement insurance due to injury and/or illness
- Information is subject to change without notice. Does require health questionnaire for qualifying and approvals of policy.
Types of Investments in Canada
Let’s help make your money work harder for you! Whether it’s registered or non-registered investments, here are types of investments in Canada
- RRSP – Registered Retirement Savings Plan
- RRIF – Registered Retirement Income Fund
- RESP – Registered Education Savings Plan
- Non- Registered
- GIA – Guaranteed Income Account
- GIF – Guaranteed Interest Funds
- TFSA – Tax Free Savings Account
- FHSA – First Time Home Savings Account
Estate Planning:
- Wills, Power of Attorney, Health Directive
Who Do We Help
- Families and Individuals
- Self Employed
- Small Business Owners
- Incorporated Business Owners
