Investment Accounts/Retirement

Segregated funds are market-based investments like mutual funds, but are insurance contracts with additional benefits such as protection from creditors, bypass probate and estate fees, and additional capital guarantees.  

 

RRSP/401(k)/LIRA/403B - A tool to build up retirement assets in a tax-sheltered setting while also reducing your income tax for the current year. Tax is paid upon withdrawal of the funds

 

TFSA/ROTH IRA - Allows Canadians 18 and older to save money in a tax-sheltered investment. It allows someone to withdraw their money tax-free. There are contribution room limits to be mindful of.

 

RESPs - A great way to save for your children’s education and receive benefits from the government.

 Life Insurance - A contract with an insurance company that protects the financial security of the people you love by giving them a tax-free payment after you pass away. Typically, life insurance is chosen based on the needs and goals of the owner.

 

Term Life Insurance: A fixed amount of insurance for a specific period of time.  Temporary protection you can customize to meet your changing needs

 

Permanent Life Insurance: Often called whole life insurance because it provides lifetime coverage, and includes accumulating cash values over time

 

Universal Life Insurance/IUL: A type of permanent life insurance that combines death benefit protection with savings to earn tax-deferred growth

Critical Insurance: Provides a lump-sum payment to minimize financial stress and costs when a life-altering illness occurs

 

Disability Insurance: Protects a portion of your income to make sure the bills get paid and your lifestyle remains when a disability/injury occurs.

 

Long Term Care Insurance: Supports in giving you control over the type of care and support you receive if you’re unable to care for yourself.

 

Health/Dental Coverage: Helps pay for a portion of your health or dental expenses not paid through other benefits you may have.

 

Travel Insurance: Protect yourself against unforeseen circumstances while you’re away from home or even out of province. We can offer you a wide range of plans to fit your needs and your budget.

 

Group Health/Dental Coverage: EMPLOYERS: Attract and retain the best talented people by providing them with benefits such as dental care, vision care, hospital care, drug coverage, paramedical services, etc