Life Insurance
It provides a tax-free cash payment to a designated beneficiary. These funds can be used to provide for the ongoing care of loved ones, and to cover taxes and other liabilities in the event of the life insured’s death. Read More…
Health Insurance
A type of coverage that pays for medical and surgical expenses that are incurred by the insured. It can either reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly. Read More…
Mortgage Insurance
It is commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Read More…
Visitor Insurance / Super Visa Insurance
This insurance is for visitors to Canada or Canadians who are not eligible for benefits under a government health insurance plan or persons who are in Canada on a work visa or new immigrants who are awaiting Canadian Health Card. Super Visa Insurance is for parents invited with Super Visa. Read More…
Critical Illness Insurance (Living Benefits)
It offers help paying costs associated with life-altering illnesses. If you become sick with an illness covered by your policy and survive the waiting period, you receive a lump sum cash payment – you decide how to spend the money. Read More…
R.E.S.P
Registered Education Savings Plan is an investment vehicle used by parents to save for their children’s post-secondary education in Canada. The principal advantage is the access to the Canada Education Savings Grant (CESG) and a source of tax-deferred income. Read More…
Disability Insurance
It is an insurance policy that pays disability benefits as a partial replacement of income lost due to illness or injury. It offers income protection to individuals who become disabled for a long period of time, and as a result can no longer work during that time period. Read More…
R.R.S.P
Registered Retirement Savings Plan is a type of Canadian account for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts. Read More…