Insurance

Life is full of surprises, so you must always be prepared for any eventuality.

A healthy balance of optimism and wisdom suggests you must simultaneously hope for the best and plan for the worst. The reality is, accidents, illness, disability or premature death can all lead to serious financial difficulties for you or your loved ones. Though not always easy to talk about, personal and professional insurance are necessary safeguards for continued success and security.

Insurance of all kinds can help us in a crisis, and bring us peace of mind when times are good. While most of us believe that it has never been the government's responsibility to provide all for us, we have come, over decades in Canada, to feel protected by a certain level of social safety net. But public discussions in recent years indicate that an aging population and greater stress on our public systems demand a more realistic view. The bottom line is that each of us can only really rely on our own resources and good planning.

Unexpected events such as accidents, illness and premature death-while at home or out of the country on business or pleasure-can cause serious financial difficulties. Adequate insurance is necessary either to maintain, or to replace, existing income streams in order to ensure the financial security of your loved ones. Certain insurance products may also be valuable for their role in preserving the value of your estate for your beneficiaries.

To read about our insurance services, please choose one of the options below:

» How Capital Estate Planning Can Help
» Individual Life Insurance
» Out-Of-Country Travel Insurance

How Capital Estate Planning Can Help
As you progress through life, your insurance needs will continue to change. To address your changing needs and respond with effective insurance solutions, your Capital Estate Planning Corporation advisor will ask you to seriously consider the following questions as you enter each new stage of your life:

• What would happen to your family, home, assets and/or business should you suddenly pass away?
• Will your loved ones have enough money to carry on?
• Are you prepared for the crippling costs associated with surviving a critical illness?
• How will you care for yourself and your loved ones if you become disabled?
• Have you considered the advantages of replacing standard creditor insurance on your mortgage with a term life policy for enhanced savings, coverage and flexibility?
• Have you insured your business against the costs of dividend reductions, tax liabilities and replacing key personnel?

We can help you:

• Assess the amount of insurance required depending on your specific circumstances
• Determine the most appropriate insurance for you
• Re-evaluate your insurance needs as you progress through life
• Access diverse and flexible insurance options
• Obtain the most competitive price and suitable policy

Capital Estate Planning is committed to providing individuals and families with peace of mind when it comes to financial and estate planning matters through the delivery of products and services that work to protect current and future generations.

Individual Life Insurance
Life Insurance is designed to provide for your family at a time when they need it most. Although the details of the various types of life insurance differ, they all provide a sum of money to a specified beneficiary upon the death of the individual to which the policy applies. Because the needs of each family differ, Capital Estate Planning offers the following types of life insurance:

• Term Insurance – five, 10 or 20 Year Renewable
  Often used for one of two purposes: to cover a temporary need or to cover a permanent need temporarily. The advantage of this type of coverage is that it is inexpensive to start and easy to understand.
• Level Term to Age 100 Insurance
  Level Term to Age 100 Insurance provides the lowest option for permanent life insurance coverage. It offers guaranteed level premiums for life without interest rate sensitivity, is simple to understand, and may provide some cash and / or reduced paid up values.

This unique term coverage comes in 3 versions:

• Individual coverage
• Joint first to die
• Joint last to die

We can help you decide which plan is most appropriate for your family and estate.

Out-Of-Country Travel Insurance
Unlike many countries, we as Canadians may have been lulled into believing that our public medical insurance covers us in most situations. Any sort of public healthcare is not an expectation for most of the world, nor is the calibre of hospitals and hospital care we enjoy. Regardless of your age, if you travel outside of Canada without proper medical insurance, you are risking potentially thousands of dollars in medical bills if you are in an accident or get sick. To prevent the risk, Capital Estate Planning can provide you with proper emergency hospital / medical coverage when you travel.

Capital Estate Planning would be happy to provide you with more information about these insurances; just contact one of our offices to speak with a financial advisor today.