LIFE INSURANCE

 TERM

a temporary insurance and  that covers you in case of demise for a specific period of time. Like most life insurance products, it pays a tax-free cash benefit to your beneficiary. Term insurance is most useful when serving a temporary need such as high debts. It is initially the most affordable insurance but the cost will increase as you age. If you want long-term coverage, a permanent life insurance solution may be a better choice.

 PERMANENT

 is just that – permanent. It keeps you protected for as long as you live. Over the long term, it is typically cheaper than term insurance. Permanent insurance is a good foundation for your financial plan because it will carry through your entire life. From this foundation you can build your plan by adding health protection and savings programs.

 UNIVERSAL

 is a unique design – it provides a tax-free death benefit plus the option to invest and earn tax-deferred interest.

 WHOLE LIFE

is a policy which guaranteed to remain in force for the insure’d entier lifetime, provided required premiums are paid or to the maturity date.

 PARTICIPATING PRODUCTS

is a life insurance policy that pays dividents to the poilcy holder

 NON-MEDICAL INSURANCE

A Non-medical insurance is available for those induvial who are unable to obtain an adequate Life insurance.  Statistics shows 4% of life insurance applications in Canada are declined each year due to medical or lifestyle issues. There are very few financial organizations that can provide non-medical life insurance.

Applicants can qualify for insurance even with a medical history that includes cancer, heart failure, stroke, insulin treated diabetes, bipolar depression, obesity, alcohol or drug abuse. However, it is better to have your insurance before you are diagnosed with life threatening diseases.

HEALTH INSURANCE

DENTAL

VISION

EXTENDED HEALTHCARE

 SHORT-TERM DISABILITY

  CRITICAL ILLNESS

Being diagnosed with a critical illness is a devastating event for many people including your family and even business partner. Sometimes it requires for you to leave your current job or business to get treated. Even though you may be experiencing a loss of income, your expenses and loans still have to be paid. The financial burden can be worrisome, especially if you don’t have any other source of income during your recovery period. Critical Insurance is the best way to deal with this type of situation.

Critical Insurance provides you and your family with cash benefits when you are diagnosed with a critical illness. It allows you to focus on recovery, and not worry about your finances.

The benefits are tax free and can be used to :
Pay medical costs for specialized treatment abroad
Provide you with home nursing care
Enable your spouse to take leave without pay to be by your side
Pay for childcare expenses
Reduce your financial obligation (pay down the mortgage or personal debts)
Adapt your home to accomodate your medical condition

BUSINESS

BUY/SELL AGREEMENTS

an agreement between co-owners that stipulates what will happen if co-owner dies or is no longer interested or able to participate in the business

 KEY PERSON INSURANCE

is a simple insurance on the key person of the business, ie owner, founder, key employee

GROUP INSURANCE

A plan that provides insurance and health coverage. This is ideal for small business owners.

TRAVEL INSURANCE

Provincial health insurance covers your medical expenses when you are in your home province. But the cost of medical care when you are away from home – even just across the border in a neighboring province, can be substantial. Even a minor injury or illness can cost thousands of dollars. Don’t take the risk! Buy Travel Medical Insurance today from Canada Protection Plan. We have a variety of plans that will give you peace of mind.

Recently, credit cards have introduced travel insurance, but at times, the coverage it not enough and need to be topped up with additional coverage.

Benefits of Travel Insurance

Provides emergency hospitalization and medical services cost based on your policy
Living expense to insured family members while you are in hospital
Transportation cost to your family member of family in case if you are death or hospitalized.
Dental coverage during your trip
Provide emergency transportation vehicle to admit you to nearest hospital.
Optional benefits such as baggage, accidental death, flight accident, rental car collision depending on policy.

 SUPER VISA

allows for multiple entries into Canada for up to 10 years.

VISTORS INSURANCE

non-Canadians do not benefit from OHIP.  Purchasing temporary travel insurance is great to off set any unplanned medical bills

INTERNATIONAL STUDENTS INSURANCE

studying abroad can become expensive, having international students insurance can provide you with peace of mind

FINANCIAL SERVICES

RESP

a Registered Educational Plan is key to your child’s future.

RRSP

a Registered Retirement Savings Plan, has a lot of tax advantages

  ESTATE PLANNING

preparing for the transfer of the individual’s wealth and assets.

TAX FREE SAVINGS ACCOUNT