Financial Plan

A financial plan is the foundation for financial security and future prosperity, offering clear, measurable steps towards achieving financial goals. Key features include:

  • Detailed analysis of income, expenses, savings, and investments
  • A structured roadmap for managing resources efficiently
  • Preparation for future financial needs
  • Ease of process with the guidance of a financial planner

This ensures disciplined financial habits and informed decision-making for long-term stability and growth.

Term Life Insurance

Protects your client’s loved ones for a pre-determined period while they have greater financial commitments.

It’s The Ideal Solution If:

  • They have dependent children and are on a tight budget
  • They have short – and medium-term loans to repay financial commitments.

Permanent Life Insurance

Permanently protects your family and your legacy.
It’s the ideal solution if:

  • You would like to leave a legacy
  • You would like to be protected, even if your health changes
  • You would like to ensure the continuity of your business

Participating Life Insurance

Permanent life insurance that ensures the growth of your client’s estate

Protects their family while giving them access to dividends*
*Annual participation are not guaranteed and vary annually.

It’s the ideal solution if:

  • They want to leave a larger estate to their loved ones and, if needed, benefit from liquidity for their retirement
  • They want to offer their children or grandchildren a solid financial foundation
  • They are a business owners looking for life insurance coverage which generates growth.

Universal Life Insurance

A combination of permanent life insurance and savings

Offers them lifetime coverage and the opportunity to save with certain tax benefits.

It’s the ideal solution if:

  • They would like to leave a significant inheritance
  • They have contributed the maximum amount to your RRSP and your TFSA
  • They would like to protect the value of your company

Specialized Life Insurance

Demystifying Specialized life insurance

Specialized life insurance to build and protect their wealth

Legacy offers them guaranteed permanent life insurance which includes excellent short-term surrender values, an annual bonus that allows them to increase the total surrender value and death benefit, as well as a wide range of investment options.

It’s the ideal solution if:

  • They want to maximize the wealth you will transfer to their loved ones
  • They want to take advantage of the surrender value in the short-term as a source of liquidity
  • They are a business owner and are looking for life insurance coverage that will generate growth
  • They want to diversify your assets and gain access to asset classes generally reserved for the institutional market

What is a segregated fund contract?

Segregated fund contracts are a popular investment option, available only from life insurance companies. Similar to mutual funds, segregated funds are large pools of money invested in stocks, bonds or other securities. These contracts have higher fees than mutual funds because they also offer guarantees and some of the additional benefits of a life insurance contract.

What is a segregated fund contract?

  1. Guarantees. Protect the value of the premiums undefined you paid on the contract maturity date and on death. The guarantees are 75% to 100% of your premiums (reduced for any withdrawals). Some segregated fund contracts also offer income guarantees.
  2. Beneficiaries. You can name a beneficiary to receive a death benefit from your registered or non-registered accounts. Your beneficiary will receive the death benefit when you die. The death benefit is the contract value at death, or the guaranteed amount, whichever is higher. The death benefit undefined bypasses your estate and goes directly to them. You can also control how your beneficiary gets the benefit: as a lump sum or in the form of a payout annuity.
  3. Potential creditor protection. This means that creditors may not be able to take the funds you have in your segregated fund contract.
  4. Guaranteed income options. Some segregated fund contracts offer lifetime guaranteed income. This can help provide you with a guaranteed income for life.