This product gives you international access to some of the best treatments and specialists in North America in a fraction of the time. Think Mayo Clinic.

In the event of a disability this policy replaces your monthly income. Typically, around 70% of your pre-disability income.

In the event of a catastrophic health event such as life-threatening cancer, heart attack, or stroke – this policy provides the insured with a pre-determined tax-free lump sum.

If it’s one trip or multiple trips a year, including domestic, you should always consider having travel medical for unexpected health or dental emergencies for your out of province/country travel.

Basic to comprehensive reimbursement plans to cover a handful of employees or the handful at home.

Have you been denied disability insurance? Would you like to be protected outside of your WCB coverage? Accidental Death and Dismemberment might be a great way to supplement any or no coverage at all.

Provide compensation towards out of pocket expenses resulting from nursing home or home care related services.

One of the most popular products due to its initial low cost. Term insurance provides a tax-free lump sum over a specific 'Term'. Usually 10, 20, or 30 years. Additional coverages include ‘Pick your term’ which provide a specific period or window of time to be protected (i.e. child/spousal support, non-traditional mortgage amortizations, or funding for business succession plans at retirement).

Some common applications for term insurance are: income shortfall of a working spouse, child care, outstanding business or home mortgages, tax liabilities, and post-secondary education for children left behind – are just a few.

Designed for individuals with moderate to severe health conditions and allows them access pre-determined amounts of coverage based on completing questionnaire. Medical evidence is not required.  Previously declined applicants can potentially qualify for up to $500,000 of life insurance. Term and Permanent policies also available.

Premiums, your death benefit and cash values are guaranteed for the duration of the contract. These policies build up a cash surrender value over time (depending on your contract, withdrawals or loans can be taken from the policy). Whole life can be paid for in full over a period of 10 or 20 years or your lifetime. Within the family of whole life insurance, you have two siblings:

• Non-participating Whole Life – when the insurance company profits, they are kept as surplus.
• Participating whole life: often referred to 'par'. When and if profitable, the surplus is paid out to you as policy dividends. These can be taken as cash, premium reduction, accumulation account or paid up additions (a form of additional insurance within your base policy).

Provides you with lifetime coverage but typically matures at age 100. That is premiums are no longer payable past 100 years. These policies typically do not have or generate a cash surrender value (CSV).  This product is also known as 'Term to 100'.

Provides the life insured with lifetime protection. The insurance portion of this contract is wrapped in a savings investment which is sheltered from tax and grows tax-deferred. Depending on your contract, this growth can form part of your death benefit paid to your beneficiary 100% tax free. These products provide the owner with a range of investment options and flexibility. Intended for those who are hands on investors.

Provides the insured a return of their premiums (tax free). The amount refunded can be 50% to 100% depending on the plan and contract provisions.

Intended to bridge the first day of hospitalization to the first day disability benefits begin. Benefit provides a daily allowance of $50 - $250 for incidental costs of hospitalization (i.e. parking, meals).

Pays the disabled insured a portion of his benefits if he is able to work part time after a period of disability.

If insured is unable to perform some of his substantial duties required of their job, or is able to perform all of their duties but only for part of the time, they are eligible to receive 50% of the disability benefit for a period of 2 or 3 years.

Typical provides additional benefits over and above benefits payable under the base plan (Life or Disability Insurance) - should the insured incur death or severe injuries due to an accident. Benefit payable is typically a lump sum benefit.

An option available with Disability Insurance that factors in the annual increases to cost of goods and services. Increases are typically pre-determined percentages calculated annual which then increase the monthly benefit paid.

Guarantees the insured the right to purchase additional coverage in the future, without provide proof of insurability.

Waives premium due on policy for the duration insured is on disability claim. This rider is traditionally built into Disability Insurance contracts, however an available option for Life Insurance products.

Provides the insured the option of upgrading their class of occupation to Own. This is restricted to the highest classification of occupations, which are also the least likely to file a claim. This option can also add significant costs to premiums.

Rider typically restricted to health care practitioners that provides benefits in the event they contract HIV, Hep B or C. Although physically capable of working, their respective governing bodies or colleges may not allow them to work for patient protection. 

Allows the insured the opportunity to convert their policy for another form of coverage (usually without medical underwriting). An example would be converting Disability Insurance for Long Term Care insurance.

Added value benefit where in the event of a disability, minimum payments towards retirement savings are continued while on claim.

One of the benefits of owing certain types of Permanent Insurance is they act as a great means to provide your retirement income with collateral for lending against your policies value. A great way to fund family holidays or the unexpected and costly medical long-term care.

Are you looking to secure a mortgage for your business or home?  We know the folks who can help.