Dealing with the loss of a loved one is difficult enough without suddenly having to deal with financial hardship as well. Protect your loved ones from financial burden in the event of your death. A life insurance policy will pay a cash benefit, tax free, to your beneficiaries when you pass away. As insurance brokers, we work with several insurance carriers and as such can put together the most suitable and cost-effective life insurance plan.
Congratulations on your new home! Now you need mortgage insurance. But would you purchase mortgage insurance through your mortgage lender if you were aware of the much greater advantages of purchasing individually owned life insurance instead? Most people don’t understand the difference between mortgage insurance sold to them by their mortgage lender, and traditional life insurance. Let us educate you on how coverage amounts, underwriting and claims are handled differently.
It is a fact that a serious, life-altering illness such as cancer, heart attack or stroke will affect one in three Canadians in their lifetime. With advances in medical technology, as well as increasing life expectancies, you now have a better chance of surviving a critical illness than ever before. Unfortunately, a critical illness often puts overwhelming medical and financial burdens on you and your family. Will you be prepared? What will happen to your family, your home, and your savings? Critical Illness insurance provides a lump sum, tax-free benefit should you be afflicted with a serious condition.
Your earning potential is an extremely valuable asset, one which needs protecting. What is the possibility of losing your ability to earn an income? It is far greater than you can imagine. If you become disabled, your ability to earn an income could be seriously compromised and you may be unable to pay your bills. Disability insurance is designed to protect you from the possible loss of income. Perhaps you have an employer who does not provide benefits, or you are a self-employed individual who wishes to protect themselves financially. We can help by providing you with a comprehensive plan. Be prepared for the unexpected.
Like many small businesses, your business is probably incredibly dependent on you, and it would be extremely difficult to replace you. Your company might not be able to conduct itself in its usual fashion and could potentially create losses which would not be financed. The same may be true for a key employee of the business. If an insured employee or owner were to pass away, the benefits payable from a key person life or disability insurance plan could help you to recruit, hire and train a replacement, pay off debt and manage creditors, and reassure your customers that your business will survive.
Partnership insurance is also known as Shareholder or Buy/Sell Agreement insurance. When there is more than one owner of a company, it is essential that a Buy/Sell Agreement be in place. Business Partnership Insurance will ensure that there will be funds available to purchase those shares of a partner who is no longer active in the business, whether it be due to death or disability.
Out-of-Province / Out-of-Country emergency medical expenses are not generally covered by your provincial medical plan, and these expenses can be financially overwhelming. For many people, comprehensive travel insurance coverage has become an essential part of their travel plans. Wherever you go and whatever you do, be sure to travel smart. If you are planning on taking a trip, contact us so that we can put together a plan that will cover you financially against unexpected accidents or illnesses while you are away from home.