Insurance Planning

Insurance is an essential part of a sound financial plan. A well-diversified insurance portfolio will include the following areas of coverage:

Life Insurance

Life insurance is important, as it protects your family in the event of your unexpected death. It provides your beneficiaries with a non-taxable benefit, which can be used to cover outstanding debts such as a mortgage, set aside money for daycare expenses and future education. It can also provide your spouse with the ability to supplement income to continue to pay for household expenses and save for retirement. Not everyone needs the same amount of life insurance. Contact us to complete a full needs analysis.

Disability Insurance

Disability insurance provides a source of income in the event that you are unable to work due to an accident or illness. Your earning power is one of your greatest financial assets. Without disability insurance protection, you may be forced to pull from savings to be able to continue to pay for your mortgage and other important expenses. This non-taxable benefit can be as high as 60-70% of your net income. Contact us to learn more about how this insurance can protect you and your family.

Critical Illness Insurance

Critical Illness insurance provides coverage for medical emergencies like heart attack, stroke and cancer, along with many other diagnosed conditions. It can be used to pay for expensive medications or supplements, domestic help, home equipment or modifications. It can also supplement income, in the event that you or your spouse need to take time off work to heal. Not everyone needs the same amount of critical illness. Contact us to complete a needs analysis.

Health & Dental Insurance

Unfortunately, many health and dental expenses in Canada are not covered by OHIP. If you do not have group health and dental benefits, these costs can be expensive to cover out of pocket, especially with a family. This type of insurance reimburses you for health and dental expenses, as well as many services provided by healthcare professionals such as physiotherapy, massage, chiropractic and speech therapy to name a few. For more information, to obtain a quote, or apply, click HERE.

Travel Insurance

Unfortunately, medical emergencies don’t take a vacation when you do. Make sure you are properly covered when out of the country, so you can get the care you need when you need it most without the financial burden. For more information, to obtain a quote, or apply, click HERE.