Insurance can help you manage risk, but it also has many tax advantages. Your financial security advisor can help you decide which insurance products are right for you.
Solutions That Fit Your Needs
Your need for insurance often depends, in part, on your life stage and occupation. Click on the profile that most closely matches your life circumstances for a tailored selection of insurance products that can satisfy your needs.
If you’re establishing your career or starting a family, you may have a variety of needs that we could satisfy with the right insurance products.
- Right now, your most valuable asset is your ability to earn an income. By choosing the right combination of life insurance, disability insurance and critical illness insurance, you can protect your income and your family.
- If you have a mortgage or loan, consider term life insurance. It will cover the debt if you die before your debt is repaid.
If your employer doesn’t offer a group benefits plan, you may want to invest in additional health and dental insurance coverage.
Life insurance | Disability insurance | Critical illness insurance | Term life insurance | Health and dental insurance
If you’re married with children, you may have a variety of needs that we could satisfy with the right insurance products.
- Help protect your family from financial hardship when times get tough with disability insurance, critical illness insurance or life insurance.
- You’ll also want to plan for your children’s future. You may begin a life insurance program for them at a low cost now that they can later build on, regardless of their health.
- If your employer doesn’t offer a group benefits plan, you may want to invest in additional health and dental insurance coverage.
Disability insurance | Critical illness insurance | Life insurance | Health and dental insurance
If you’re over 50, you may have a variety of needs that we could satisfy with the right insurance products.
- You may have already retired or are thinking of retiring. You can use permanent life insurance to help supplement your retirement income.
- To help you leave a legacy, you might be interested in a permanent life insurance policy that will pass tax-free to your heirs or a charity.
- If you still have a mortgage, you might need some term life insurance to cover that debt in case you die before it is repaid.
- If your employer doesn’t offer a group benefits plan, you may want to invest in additional health and dental insurance coverage.
Permanent life insurance | Term life insurance | Health and dental insurance
If you’re a professional or business owner between the ages of 35 and 55, you may have a variety of needs that we could satisfy with the right insurance products.
- One of your most valuable assets is your ability to earn an income. We offer disability insurance specifically for professionals.
- Term life insurance or critical illness insurance can cover a business loan or mortgage if you die or suffer from a critical illness or condition before it is repaid.
- If you’re thinking of passing on your business to a relative or business partner, you can use permanent life insurance or critical illness insurance to help fund a buy out.
- You’re probably interested in passing on as much of your assets as possible to your heirs or a favourite charity when you die. Consider the benefits of permanent life insurance. It will pass tax free to your beneficiaries to help them pay the taxes, capital gains or settlement costs of your estate.
Disability insurance | Term life insurance | Critical illness insurance | Permanent life insurance
If you own a business, you may have a variety of needs that we could satisfy with the right insurance products.
- Providing health and dental insurance to your employees can help you attract and retain skilled workers.
- Term life insurance or critical illness insurance can cover a business loan or mortgage if you die before it is repaid.
- If you’re thinking of passing on your business to a relative or business partner, you can use permanent life insurance, critical illness insurance or disability insurance to help fund a buyout.
- You can also purchase permanent life insurance, critical illness insurance or disability insurance for your key employees.
- One of your most valuable assets is your ability to earn an income. We offer disability insurance specifically for business owners.
Group benefits | Term life insurance | Critical illness insurance | Permanent life insurance | Disability insurance
Life Insurance
Whether you want to cover estate taxes or maintain your family’s lifestyle after you die, we have a life insurance product to suit your needs. Even while you’re living, some life insurance policies can build a savings fund you can draw upon as needed for personal or business opportunities.
Term life insurance provides the most coverage for the lowest initial cost.
We offer a wide range of disability insurance coverage designed to meet a variety of personal and business needs. With 65 years’ experience in the disability insurance market, we are a leading provider of disability insurance for Canadians.
Participating life insurance—also called whole life insurance—policies provide permanent life insurance protection with a tax-advantaged investment component. In addition, there is potential for earning policyowner dividends. Participating insurance doesn’t require hands-on management by the policyowner.
Permanent life insurance protects you for your lifetime by building savings that you can draw on later and providing a death benefit.
We offer a wide range of disability insurance coverage designed to meet a variety of personal and business needs. With 65 years’ experience in the disability insurance market, we are a leading provider of disability insurance for Canadians.
Universal life insurance provides a traditional life insurance component with a tax-advantaged investment component. You select an investment mix that is as individual as you are—taking into account your financial goals and circumstances and the amount of investment risk you’re comfortable with. This type of policy is attractive for people who want to actively manage their life insurance policy.
Disability Insurance
With extensive experience in the disability insurance market, we can provide a wide range of products designed to help protect your ability to earn an income. We offer disability insurance for professionals, business owners and employees.
Critical Illness Insurance
The chances of suffering from and surviving a critical illness are greater than you think. Critical illness insurance can help you meet the financial burdens caused by a critical illness or condition. It offers a one-time, lump-sum benefit that you can use however you choose.
Health and Dental Insurance
To supplement your provincial government plan’s coverage, we offer enhanced healthcare protection for actively employed individuals and their families and for people at or near retirement age.
As Canadians, we’re fortunate to have one of the best healthcare systems in the world—but that doesn’t mean your provincial government provides you with all the healthcare coverage you need.
Our enhanced healthcare plans can help protect you against these and other unexpected health and dental expenses.
- Prescription drugs
- Visits to the dentist
- Eye exams
- Paramedical services
- Transportation by ambulance
- Coverage for Individuals and Families
- Coverage for those whose group benefits have been terminated
- Coverage for those who are self-employed with potential for premium to be tax deductible
Flexcare offers 7 different health and dental plans (3 of which are guaranteed issue) and many add-on benefits so that you can design a health plan that best meets your specific needs.
Click here to learn more about Flexcare and to apply online.
FollowMe offers 4 guaranteed issue plans which are designed to “bridge the gap” for people who are leaving a group plan due to job loss or retirement so that their health and dental coverage is not interrupted. As long as you apply within 60 days of leaving your group plan, you are guaranteed acceptance with FollowMe.
Click here to learn more about FollowMe and to apply online.
Association Health and Dental plans offer 8 different plan choices with options for Dental only and Dental + Drug benefits.
Click here to learn more about the Association Health and Dental plans and to apply online.
Long-term Care Insurance
Long-term care provides services that address the health, social and personal care needs of individuals who have lost the ability to care for themselves. Most people are not aware that long-term care costs are not fully covered by government health care programs.
Long-term care insurance offers protection now and in the future. When people hear the words “long-term care” they think “that is for the elderly”, but the need for long-term care can happen at any age due to illness or injury.
Long-term care insurance can provide:
No one wants to save their money in anticipation of life after a stroke, accident or deteriorated mental ability. Long-term care insurance puts the protection in place so you don’t have to worry about “what if?” If there is a need for long-term care, you won’t have to deplete your savings, income and investments.
You will be able to enjoy you money now and during retirement, rather than being afraid to spend it in case you need long-term care in the future.
Long-term care insurance provides an income benefit. This means you can spend the money however you choose, including purchasing private home care or pay a friend or family caregiver.
With long-term care insurance you won’t have to settle for the level of care provided by the government. You can get the care and support you need from the person you want, where and when you want it.
We work with Janet Bonnar who has specialized in long-term care insurance for the past eight years. Janet can assist you in understanding what the government provides and what the cost of care can be. Janet can help you make an informed decision
Solutions That Fit Your Needs
Not sure which kind of life insurance is right for you? Your financial security advisor can help you determine which life insurance is best for you, based on your short-term and long-term needs and preferences for flexibility and risk.
Insurance products and services are provided by Stephen Armsworthy
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