Our licensed Insurance Experts will review all inforce insurance contracts (life, long term disability, and critical illness) and evaluate the quality/suitability of the policy.
Often, older insurance contracts are very high quality and have contractual provisions that are not available in today's contracts. A review of existing policies usually results in comments such as, "this is an outstanding contract. Never cancel this policy."
Alternatively, many insurance policies are either too expensive (compared to new plans) or have been ignored too long, whereas keeping the contract may be the wrong decision.
You don't know what you don't know. My Insurance Department are experts and will provide valuable advice.
Most people look at insurance as a necessary 'expense' to protect their families. Most Canadians are unaware of the powerful tax attributes life insurance offers.
My Insurance Department has identified many situations where an insurance policy that would have otherwise been canceled has provided a significant tax credit for the policy owner.
Our licensed advisors are experts. Their job is to identify potential planning pitfalls of which you and your professional advisors may be unaware.
We will work with you to develop an interactive estate and financial plan in a real-time "live" environment. Integrating your life insurance options with your overall financial plan will ensure that you make the right purchase at the right time.
There are many opportunities for those who have pre-existing medical conditions to modify their existing plans and/or get new insurance coverage from speciality insurance companies. My Insurance Department can assess your current medical condition (or pre-existing condition) and determine if insurance is possible.
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Managing General Agency is PPI