Term Coverage Term life insurance is temporary life insurance that provides a lump sum tax-free benefit to beneficiaries on the death of the life insured. Premiums are guaranteed but will increase at renewal, such as every ten years. Term life…
Universal Life Insurance Universal life insurance is permanent life insurance that provides a lump sum benefit to beneficiaries on the death of the life insured. Premiums can be level and cash values can be used as an eventual source of…
Whole Life Insurance – Secure, Permanent Protection Whole life insurance provides lifelong coverage with guaranteed level premiums and a guaranteed cash value. It offers financial stability while allowing policyholders to build wealth over time. Depending on the type of policy, dividends can be used to…
Registered Retirement Savings Plan A Registered Retirement Savings Plan (RRSP) is a tax-deferred account designed specifically for retirement savings. Any resident of Canada under the age of 71 who has earned income may establish and contribute to an RRSP. In…
Personal high-interest savings, daily banking, and registered accounts, as well as high-interest business savings accounts. Whether you’re looking for market leading rates for your cash savings, a guaranteed rate on your term deposits, or high interest on your registered accounts,…
Segregated Funds Segregated funds offer the growth potential of investment funds with the added security of insurance benefits. These funds provide capital protection, estate planning advantages, and potential creditor protection, making them an excellent choice for individuals and business owners looking for long-term…
With the help of an RESP you, as a parent, friend or family member, can start putting aside money for a child’s post-secondary education. Your contributions can grow surprisingly quickly when you use this special savings account, as the Government…
Long Term Care Insurance provides tax-free cash if an individual requires a nursing home stay or home health care services. Daily Benefit Amount is generally between $20 and $300 per day of care. Maximum Benefit Limit is the period of…