Life Insurance

Term Insurance (or Mortgage Insurance) (*)

Safeguard your mortgage and address your financial commitments in case of death, critical illness, or disability through term insurance. Unlike mortgage insurance, term benefits aren’t tied solely to your mortgage amount; instead, they remain guaranteed throughout the policy’s lifespan. In the unfortunate event of your passing during the policy term, your beneficiaries will receive tax-free payment, which they can utilize as needed, whether it’s paying off the mortgage, loans, or covering funeral expenses.

Whole Life Insurance (*)

Through whole life insurance, your premiums remain fixed for the entirety of your life, regardless of any critical illness that may arise. This policy also accumulates cash value and interest over time, providing you with the option to increase the death benefit or purchase additional coverage. Moreover, you have the choice to receive tax-free insurance dividends or utilize them as collateral for quick access to funds by borrowing against the policy.

Annuity Insurance (*)

Enjoy permanent protection with tax-advantaged investment growth within the policy that will pay you a guaranteed regular income, typically during your retirement years. Flexible payment options give you the freedom to choose income payments monthly, every three months, every six months, or once per year. You can even choose to receive payments now, or defer them to a later date.

Accidental Death (*)

Accidental death insurance provides benefits in the event the insured is involved in an unforeseen, unexpected, and undesirable incident that results in their loss of life. Benefits are tax-free and paid in a lump sum to the beneficiaries.

We can’t predict when an accident will occur, but can be prepared with financial compensation that helps loved ones cope when tragedy strikes.

Funeral Insurance (*)

Funeral insurance, also known as burial or final expense insurance, can help your family through a difficult time by covering the costs of your funeral, cremation, burial, and other related expenses.

Saying goodbye to a loved one is never easy, but funeral insurance can help ease the worry of financial burdens during the grieving process.

Guaranteed Life Insurance (*)

Regardless of your current health condition or medical history, if you’re between the ages of 50 and 75 you’ll be approved for Guaranteed Life Insurance with no questions asked or medical examination required. Your premiums will never increase and the benefits will stay the same throughout the life of the policy.

Universal Life Insurance (*)

The highly flexible life insurance option gives you complete coverage along with a wide range of benefits. Not only do you get permanent life insurance coverage, but also a broad selection of investment options that allows for tax-efficient savings growth. Interest from the savings can be used to pay premiums over a period of time, and any amount above the premium can be kept in a savings account or be used to increase the death benefit.

Permanent Life Insurance (*)

Just as its name suggests, permanent life insurance plans don’t expire. We can help you choose between available universal and whole life insurance plans, depending on your needs. Permanent life insurance also includes a savings opportunity, from which the policyholder can withdraw to use however they wish, such as paying off their mortgage, helping with a loved one’s college tuition, or investing in an RRSP.

Health Insurance (*)

Health insurance allows you to save on healthcare costs not covered by provincial healthcare plans or your employer. Eligible services covered under health insurance include dental, hearing aids, prescription drugs, nursing, home care, physiotherapy, massage therapy, and much more. Also, if you’re self-employed and without health benefits, this product has you covered!