Q) Are you registered as a financial advisor?
A) I recommend everyone confirm their advisor is registered. Here are some search links:
- http://www.securities-administrators.ca/nrs/nrsearchResult.aspx
- http://public.abcouncil.ab.ca/agentsearch/agentlookupfrm.jsp
Q) Is life insurance expensive?
A) As an insurance broker I am able to search for the most competitive rates with premiums as low as $10/mo.
Q) I own a business and was wondering about the cost of having Disability Insurance in case I get hurt?
A) Disability insurance is quite inexpensive compared to the stress of worrying about how you would pay your bills. Premiums vary based on your occupation and level of coverage. Basic coverage can have a cost of less than $20/month… why would you not have this coverage.
Q) I have health issues am I able to get life insurance?
A) Everyone is able to have coverage but the premiums are based on your health.
Q) Why do I need Life Insurance?
A) Life Insurance is meant to provide financial security in the event someone you depend on dies.
Q) Do you offer/recommend Private Equity investments such as Real Estate, Mortgages, Limited Partnerships?
A) Private equity offerings are available only to qualified investors. There is a private equity due diligence process completed by Triview Capital (Exempt Market Dealer). Once the approval is completed I can offer the investment to qualified investors.
Q) Do you offer Key person life insurance?
A) We work with business owners and their advisors to evaluate potential liabilities and have structured many insurance plans for business partners.
Q) How much Life Insurance should I have?
A) Everyone has different comfort levels. Life Insurance is designed to reduce hardship when death happens. Some clients wish to simply have an amount equal to their debts, others desire debt plus an amount equal to a multiple of their income. The choice is up to you!
Q) What are Segregated Funds?
A) Segregated Funds are investments offered via life insurance companies. These funds offer various maturity and death guarantees on investor capital ranging from 75-100%. Given past market volatility these guarantees on your capital have become an important feature.
Q) Do I need life insurance if I have Mortgage Insurance?
A) Mortgage Insurance tends to be over-priced and has many disadvantages to traditional life insurance. Request a quote and see for yourself the difference!
Q) How do I know I am on the right track with my investments?
A) A regular review of your investments and your risk tolerances is a good start. Also getting a second opinion is an excellent idea. It is recommended to have at least TWO advisors. If you have concerns regarding your investments I would be happy to review things with you.
Q) I have business partners I depend on should we look at insuring each other?
A) Many Business owners don’t take out insurance due to the added business expense. The reality is that the business can pay as little as $380/yr to purchase $1,000,000 of insurance on a Male age 30. This small cost goes a long way in assisting with business succession.
Q) What types of insurance do you provide?
A) Life Insurance, Disability Insurance, Critical Illness, Travel Insurance, Key Man Insurance, Health and Dental Insurance, and Stop Loss insurance are the key areas I focus on.
Q) I keep hearing about Critical Illness insurance, do I need this?
A) This coverage is important to ensure your savings are not wiped out in the event of a serious illness such as Cancer or Heart disease. Many people focus on other aspects of their plan such as investing thinking this won’t happen to them. It is a good idea to have some coverage to assist with the costs of treatment. If this is important to you we would be happy to provide additional details.