Accident & Sickness Insurance (A&S)
Our goal in providing the varying forms of personal protection from illness and injury is to help ensure that your health does not have a vast impact on your wealth.
It is often said that the biggest risk to your wealth is not the markets, but in fact, your health.
did you know: 80%+ claims against disability policies are claimed against long term health issues, not long-term injuries? (source link)
We utilize CI, DI & LTC in a manner that protects, respects and compliments your investment growth tools and helps to maximize their intended use: retirement income and emergency savings.
We can’t stop your furnace from breaking, or a work stoppage; which is why you build a nest egg in the first place. However, we can ensure that if you become sick injured that the time off work, potential large medical bills, and probability of care for the long term can be covered by effective insurance products; literally insure your income.
Contact us today to discuss how a targeted A&S program can provide tax free financial stability and peace of mind.
Critical Illness inurance (CI)
As mentioned above, the majority of DI claims are made due to illness not injury. CI is an insurance policy that can pay a tax free lump sum benefit to anyone afflicted with one of any of the benchmarked 25 diseases, plus with a variety of catch-alls that could trigger a payout, CI is a great way to ensure care and costs can be taken care of without the financial burden on your assets, family, or community.
Disability insurance (DI)
DI is a simple concept: if you can’t work due to injury or illness, DI can cover off expenses for the short or long term. The theory is simple, but DI policies can be complex, and as is true of most things in life, not all plans are created equal. The bills don’t stop when you aren’t able to work, Disability coverage may ensure you don’t have to bleed the bank dry just to keep the heat on.
Long Term care insurance (LTC)
Do you know what the ‘five activities of daily living’ are? Did you know that if you are unable to complete two of these in any given day life can become very expensive?
LTC provides a steady tax free stream of income to ensure care can be provided to you, in your home or to provide cash flow for a facility you choose.
LTC gives you options, it allows you to choose to be where you would like to be.
*Financial Value Inc. is not a Group Insurance Provider but does have contacts to refer to some of Canada’s top Group Insurance organizations.