Insurance
Independent financial planning · Alberta & Yukon
The part of the plan you hope never pays out.
Life, critical illness and disability insurance for families and business owners in Alberta and Yukon. Coverage is based on what you actually need, worked out through a needs analysis, not a rule of thumb.
Three kinds of coverage
What each one is for
Each type of insurance protects against a different risk. Most plans use more than one.
Individual vs business
Same products, different job
If you’re an employee with a family, insurance is mainly about replacing your income and paying off the mortgage.
If you own a corporation, it also protects the business and your partners. Who owns the policy, who pays for it and who receives the money all affect the tax result.
Questions that needs analysis answers
01
How long would your household be fine without your income?
02
What does your group plan at work really cover?
03
If you couldn’t work for two years, what would you stop being able to pay first?
04
Would your family have to sell the house or a business to pay the bills?