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to insurance types: |
Life
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Disability |
Critical
Illness |
Long
Term Care |
Mortgage |
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Insurance
is one of the key pillars to building a secure financial base.
However, paying for insurance is not something most of us
enjoy.
Our approach
to insurance as an essential element of your planning is to
ensure the cost is affordable and you never find yourself
over-insured.
Why is
insurance an essential element?
It is
not possible to protect our lives, incomes, businesses or
families at a lower cost using an alternative method.
Consider
this example:
You
are working and earn $50,000.00 per year. A career spanning
40 years will earn $2,000,000.00 (assuming you never get
a raise.)
But
what if you could not work for the final 20 of those
40 years due to death or disability? Did you save enough
to replace the income you were unable to earn?
Probably
not.
However,
had you initially purchased the correct insurance, you would
have protected this lost income at a fraction of the cost
of the eventual payout. In the case of disability, you would
have been able to retire. In the case of death, the family
home would not be lost and any children would be able to
attend university.
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We offer
five types of insurance:
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- Life
Insurance
- Disability
Insurance
- Critical
Illness Insurance
- Long
Term Care Insurance
- Mortgage
Insurance
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Life
Insurance:
Provides a payment upon death. There are a variety of policies
available that provide insurance for various periods, matching
the purpose for which the policy was purchased.
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Disability
Insurance:
Provides a monthly income, replacing your salary if you become
ill or injured. Many employees have this coverage through
their employers but in some cases the protection is inadequate.
Self-employed and contract employees will not have coverage
and need to protect themselves. [Read
more]
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Critical
Illness Insurance:
Well known in the U.S. and Europe, but is less common in Canada.
It provides a lump sum benefit payment should you suffer from
one of the specific illnesses covered under the contract. Unlike
life insurance, you do not have to die to collect.
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Long
Term Care Insurance:
Provides funds to cover the cost of nursing care, either at-home
or in a facility. Combining an aging population with a shortage
of suitable facilities, and it's clear the cost of such care
will become a greater burden for families. Long term care insurance
can be an important vehicle to help cover this cost.
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Mortgage
Insurance:
To protect your family’s home from the risk of loss due
to death or illness, we offer a comprehensive range of insurance
choices. We will arrange the right policy for a fair price
that will protect your family.
Don’t
trust your bank to offer mortgage insurance coverage. We recommend
you take the time to review this CBC
Marketplace (www.cbc.ca/marketplace/in_denial)
story that highlights the risk of dealing with an unlicensed
bank employee to protect your most valuable asset.
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| To
request a quote, click
here and send us the following information: |
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- Date
of birth
- Smoker
(y/n)
- Amount
of Insurance Required
- Purpose
for Insurance:
- Estate
Planning
- Mortgage
Protection
- Business
Planning
- Family
Protection
- Income
Protection
- Long
Term Care
- Insurance
for a second person (eg. Spouse)? (y/n)
- Date
of Birth
- Smoker:
(y/n)
-
Amount Required
- Special
Notes
- Contact
Information
- Your
Name
- Phone
Number or Email
Note:
This service is available to Ontario residents only.
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