Insurance

Is your financial plan fully protected?

Planning for the future involves more than investing. Even the largest portfolio can be eroded by unforeseen expenses and tax consequences following an untimely death. The best way to save your family from unnecessary difficulty is to incorporate insurance into your financial plan. Read more about this topic.

Critical Illness Insurance

One of the great advantages of modern technology is that it’s allowing more people to survive once-fatal
medical conditions. However, the unfortunate reality is that many survivors must bear a heavy financial
burden for things like medical treatment outside Canada, or ongoing care at home or in a facility. What
can prevent depletion of your savings if you should fall ill? Critical Illness (CI) insurance can stop loss
and protect your assets.  Read more about this topic.

Protecting your family and your business

If you are a business owner, your focus is likely on the long-term viability of your business. Decisions you make today may impact your business tomorrow and thereafter. Think back to the last time you made a major purchase for your business. Before making that decision, you probably examined all your options and evaluated the costs and benefits of making the purchase. Read more about this topic.

The Insured Annuity Strategy

There is an alternative strategy that provides income that is guaranteed for life and upon death, pays your originally invested capital to your beneficiaries directly, without the usual estate-related hassles and costs. The Insured Annuity strategy can preserve the value of your estate, minimize income taxes and most importantly, guarantee an income stream for the rest of your life. Read more about this topic.

Using life insurance to unlock trapped assets

If you’ve worked hard to build up a successful business, you certainly don’t want to lose the company’s assets to corporate and estate taxes, but without adequate planning that is what may happen. However, there is a powerful financial strategy available that can help you maximize the value of your company’s assets, and transfer them to the next generation with a minimum of taxation. Read more about this topic.