2021 has been a difficult year. Thanks to the amazing care from the team of physicians and staff at SickKids, Nathan can spend the holidays at home with his family. In 2019, we partnered with SickKids Hospital to match donations that were made on the last two days of the year. We are very excited to share that we will be doing this again in 2021! All donations on Dec. 30th and 31st are being tripled. Please join us in…
If you could talk to your future self, can you imagine saying “I wish I bought less?”
Life insurance – how much is enough?
With COVID-19, clients have experienced drastic volatility with their stock portfolios. Businesses are closing, unemployment is rising, professionals (dentists, surgeons, specialists) are out of work or dealing with drastically reduced hours. Some clients are asking about their Participating Whole life insurance (PAR) amidst this crisis. Specifically, the viability of companies such as Sun Life, how the Sun Life PAR portfolio is invested and how this portfolio has held up during times of uncertainty. First we will look at the…
COVID-19 Government financial assistance and Insurance premium deferrals for Physicians
Since COVID-19 started, we have been working with various insurers to get some premium deferrals for our clients. Below is a review of various companies and how they are responding to the COVID-19 request to offset premiums as of April 7, 2020 SUN LIFE Sun Life is offering a 90 day premium deferral for clients (including business owners) experiencing direct financial hardship as a result of the COVID 19 pandemic due to: illness/quarantine lay-off or job loss the need to be…
Covid-19 and your insurance
February 27, 2020 According to CNN this morning… US stocks fell into correction territory on Thursday as a week long selloff continued because of the coronavirus outbreak. All three major US indexes are now on track for their worst week since the financial crisis. The Dow, Nasdaq Composite and S&P 500 all fell more than 10% below their most-recent peak, putting them in correction For the Dow and the S&P 500, this week is pacing to be the worst performance since October 2008.…
Life insurance can be a core strategy for retirement savings TIM CESTNICK SPECIAL TO THE GLOBE AND MAIL PUBLISHED JANUARY 30, 2020 In 2001, Carey McWilliams obtained a permit in North Dakota to carry a concealed weapon. The thing that makes his story so unusual is that he’s legally blind. Mr. McWilliams had satisfied the state’s shooting test by hitting a human-sized target 10 times out of 10 from a distance of 21 feet, or 6.4 metres. Today, he has…
Insurance is an asset not an expense