Term Life Insurance provides you an affordable price for a pre-determined period. If the insured person dies during the chosen period (e.g. 1, 5, 10 or 20 years), his/her loved ones will receive tax-free benefits. It is a cost-effective and simple plan, with some flexibility to adapt to your long-term goals. We offer a number of Term Life Insurance solutions to help you protect your financial interests and estate needs. Term Insurance is the low-cost, temporary insurance protection. It is generally used to meet a temporary need (example – mortgage protection, replacement of income) or a need for a large amount of insurance at the lowest possible initial price

Important things to consider when buying term life insurance:

If you need coverage after the expiry of your first term and if you are in good health, you will qualify for better rates with another insurance provider. If you have developed some health issues over the years, you may simply renew the term plan or convert it to a whole life plan without any medical evidence.

It is really a good choice for you if:

• You’ve got dependent children
• You’ve got debts that need short-term protection
• You’re a business owner with substantial start-up costs

Advantages for opt Term Life Insurance:

• Premiums are fixed for the full policy period

You can choose to round out your insurance with add-ons like:

• Premium waiver in the event of total disability
• Accidental fracture
• Accidental death and dismemberment coverage
• Critical illness coverage
• Child insurance rider
• Payor death and disability waiver

Whole Life Insurance (also known as Permanent Life Insurance) remains in force for the whole of the policyholder’s lifetime. The premium amount can be paid up over 20 years, until age 65, or to age 100. Participating insurance works well for people who have a long-term focus and for people who would rather have the investment component of their policy actively managed by investment professionals. Also, the investment mix is long-term in focus and lower risk than policies which utilize a significant portion of investments in equity-linked accounts. It is primarily invested in high quality bonds and mortgages. The long-term focus and high quality of the assets results in a relatively stable return over the long run.

This type of insurance typically has a guaranteed basic premium, guaranteed basic coverage and guaranteed cash values.

The initial premium for participating insurance is generally higher than for similar plans that don’t offer dividends, but the net cost after receiving dividends is expected to be lower over the long term. There are a variety of ways to use the dividends. For example, dividends can be paid in cash or can be used to buy additional insurance on a tax-advantage basis.

It is really a good choice for you if:

• You want to leave your loved ones an inheritance
• You want to be able to stay insured, no matter what happens to your health

Advantages for opt Whole Life Insurance:

• Your costs are fixed – your premium will never go up
• You’re covered for life
• You can be purchased as an only product or in combination with other life and health insurance products
• You can choose to round out your insurance with add-ons like:
• A disability benefit
• Accidental
• Death and Dismemberment coverage
• Accidental fracture
• Children’s insurance

Universal Life plans are specially engineered to combine life insurance protection with investment returns. Through flexible policy features, you can customize the different choices of death benefits and investment options to satisfy your changing insurance needs at all times.

YOU MAY:
Increase your Basic Coverage up to an amount of your choice.( Proof of insurability will be required.)

• Add Term Insurance Riders to provide additional coverage. (Proof of insurability will be required.)
• Construct your own investment portfolio from a variety of investment options.
• Apply for a loan against the cash value or withdraw all or a part of the cash value, a portion of which may be reportable as taxable income.
• Enjoy tax-deferred growth on your investment returns earned based on the current provisions in the Income Tax Act (Canada).

To best maximize the fund value of your Universal Life policy, the insurers offer a series of guarantees including:

Guaranteed minimum returns on Daily Interest and Guaranteed Interest Accounts.

• Guaranteed maximum daily Insurance management fees on Indexed Accounts
• Guaranteed Level Cost / YRT (Yearly renewal term rates )
• A guaranteed Monthly Administration Fee

Super Visa is the best way of family reunion, the Canadian citizens and permanent residents have an option to invite their parents and grandparents to visit them on Super Visa.

The maximum validity date for the multiple entries Super Visa is ten years, or one month prior to the applicant’s passport’s expiry, whichever is earlier. Within that time, Super Visa holders can remain in Canada for periods of up to 2-years. In comparison, a regular visitor visa is usually valid for a maximum period of 6-months.

Thousands of Super Visas are issued every month. Super Visa applications had been approved with an overall approval rate of as high as 85 percent.

Another advantage of Parents and Grandparents Super Visa is its relatively short processing time of approximately 8-weeks.

Besides other requirements, parents and grandparents are required to have comprehensive medical insurance from Canadian insurance company to cover the time they will be in Canada. The coverage amount should be $100,000 or more and should meet the requirement like health care, hospitalization, repatriation, etc.

It should be noted that holders of a Parent and Grandparent Super Visa have the rights and restrictions of a regular tourist visa holder, and as such cannot work or study while they are in Canada.

Individuals interested in applying for a Parent and Grand Parent Super Visa can contact us for an assessment of their eligibility.

We can now offer a “Monthly Pay Option” for your Super Visa Insurance Purchase.

Critical illness

Critical Insurance pays a lump sum on initial diagnosis of a serious medical problems. You are permitted to keep the money even if you make a full recovery. It can be incorporated into another life insurance policy on a level term or whole of life basis, or as a stand alone policy.

Anyone who wishes to be protected against financial concerns resulting from a critical illness may harvesting the benefits of Critical Insurance:

• Persons who would like to obtain specific medical treatments
• Parents who would have to temporarily leave their jobs to devote themselves to the recovery of their child
• Persons who would like to have home nursing care or to go on a trip to assist in their recovery
• Business owners or self-employed workers who would have to compensate for the loss of productivity or clients after an illness

Some Facts:

• There are 70,000 cases of Heart Attacks in Canada every year.80% of Heart attack victims survive.
• 196,900- new cancer cases in Canada for 2015.42% of women and 45% of men will develop cancer in their lifetimes. The 5 year survival rate after diagnosis is 63%
• One third of the stroke victims are under the age of 65.There are more than 50,000 cases of strokes in Canada every year.80% of the victims will survive.
• 70,000 cases of Heart Attacks in Canada every year with a survival rate of 80%
• Immediate financial consequences of critical illness & how a critical illness insurance policy help you.
• Absence from work for you and your spouse while you are sick.
• The cost of having home care during a period of sickness and recovery
• Treatment outside Canada and medical costs not covered by Provincial Health plans
• Children Education
• Early retirement.

Do not leave your money lying idle in the banks. Buy a Critical Illness Insurance. If you are diagnosed of a Critical Illness and survive for 30 days , you get the insured amount in your hand tax free. If you stay healthy then you get all your money back. It is a win win situation.

Disability Insurance provides financial protection when an accident or illness causes you to be disabled to earn an income. You are unable to work as a result of injury or illness, Disability Insurance replaces up to 2/3 of your income. Unlike Critical Insurance and Life Insurance (where the benefit is usually payable in a lump-sum and such payment ends the contract), Disability Insurance benefits are always payable on a monthly basis while disability continues until age 65. Upon recovery from a disability, the policy continues. With disability insurance, you’ll be able to meet your financial obligations if you can’t work because of an accident or an illness.

It’s the right choice for you if:

• You don’t have group insurance coverage
• You’re in business with partners or you’re self-employed

Advantages and features

• Pays a non-taxable benefit every month that you’re disabled
• The benefit is a percentage of your regular income
• You can spend the benefit however you want
• Can be combined with life or health insurance, or purchased as stand-alone coverage

Long Term Care Insurance will protect you and your assets. Long Term Care Insurance preserves the dignity, independence and financial well being of your family. If you require long-term care services in your home or in a long-term care facility and all your premiums back if you never make a claim, Receive up to $10,000 per month. There is a 50% probability that you will need long term care in your lifetime.

With long-term care insurance, you don’t have to worry about becoming a burden on your loved ones if you lose your independence because of an accident or an illness like cancer, stroke or Alzheimer’s disease.

It’s the right choice for you if:

• You want access to the best healthcare available.
• You want to be able to afford to hire someone to help you.

Advantages and features
Pays a tax-free monthly benefit if you lose your independence due to physical or mental limitations following an illness or accident.

• You can use the non-taxable benefit however you want.
• You select the benefit amount, the payment period and the waiting period (or elimination period).

You can also benefit from other options like:

• Premium refund at death
• Cost-of-living increases

Drug & Dental Insurance protects yourself and your family against the unexpected costs of health & dental care. It is a wise decision to purchasing individual health insurance, if you’re not fully covered by a group health plan. We’ll help you choose between dental coverage, drug coverage or a combination of both. With each plan you’ll also receive generous coverage for registered specialists, travel emergencies, accidental death and dismemberment and more. With healthcare insurance, you’re reimbursed for healthcare expenses that aren’t covered under government plans (dental care, vision care, etc.).

It’s the right choice for you if:

• You don’t have group insurance coverage.
• You’re self-employed.

Advantages and features

• Helps you cover healthcare costs that are over and above your everyday expenses so you don’t have to worry about your family’s financial security:
• Hospitalization in a semi-private room.
• Prescription drugs (in Quebec, this complements the provincial healthcare plan).
• Nursing and ambulance services.
• Therapeutic equipment like orthotics and prosthetics.
• Services from healthcare professionals like physiotherapists, chiropractors, homeopaths and psychologists.
• Dental Care
• Can be purchased as a stand-alone product or in combination with other life and health insurance products.

Buying a home is always exciting but before you sign on the contract, make sure your that youhave Mortgage Protection Insurance to insure you and your family can still meet your mortgage payments in case of accident, sickness, critical illness or loss of life.

We offer a wide range of choice based on your individual needs analysis.In addition to objective advice, we have the ability to offer some very unique insurance products, such as:

• Money Back Mortgage Insurance program
• Potential Tax Savings Solutions
• Disability and Critical Illness policies

Deciding to purchase Mortgage Protection Insurance may be one of the best choices you ever make. Giving yourself and your family peace of mind that your home will be protected no matter what life brings your way demonstrates your love to them and your care for their financial and personal welfare.
Make sure you are protected.