A.T. Financial Newsletter
CONTINGENCY PLANNING
Life insurance alone is not enough
Life insurance plays an essential role in helping to protect your family from financial hardship if you should pass away. However, there are other unexpected events that can also pose substantial risks to the well-being of you and your loved ones. Fortunately, for almost every possible risk, there's insurance that's designed specifically to protect against it. Here's what you can do to provide full protection for your family.

If you have more than one child and if the property represents a significant portion of your total assets, you face an estate planning challenge. Owners of a family business, or any valuable asset that isn't easily divided, face a similar challenge.

Keeping the ability in disability
According to the Canadian Life and Health Insurance Association, 1 in 3 people will be disabled for 90 days or more at least once before turning 65.1

Disability doesn't just mean catastrophic trauma that confines you to a wheelchair. It can take many forms and, depending on the kind of work you do, your ability to earn a living could be compromised by even a relatively minor injury. Consider an entrepreneur having to close her yoga studio to recuperate after a car accident or a dentist forced to take time off because of a broken arm.

Disability insurance gives you the ability to provide for your family even though you aren't able to earn an income.

When we assess your need for this type of protection, we look at your lifestyle and cost of living expenses; your financial responsibilities to your children, spouse, or even parents; your debts and how much of a safety net you have in place; and your plans for the future. It's our job to ensure a disability or critical
illness won’t wipe out your savings and the dreams that go along with it.

Critical protection
Think a critical illness can't happen to you? The statistics suggest otherwise. Heart disease and stroke are the leading cause of hospitalization in Canada.2 On average, an estimated 524 Canadians each day will be diagnosed with cancer in 2014.3 And there are more than 41,000 Canadians living with end-stage kidney disease, with another 3,500 waiting for transplants.4

Critical illness insurance pays out a lump sum shortly after you are diagnosed with one of the covered ailments. This gives you the ability to decide on your best course of treatment and rehabilitation without fear of financial hardship.

Protection for the long term
Long-term care insurance is a relatively new, extremely welcome addition to our portfolio of insurance options. The cost of in-home care could tally between $35,000 and $65,000 a year depending on how specialized your needs are.1 If you move out and into a private care home, you could end up paying between $1,000 and $6,700 a month depending on where you live.1

With long-term care insurance, costs like these could be covered without depleting your savings or relying on your loved ones for financial support.

To make sure you have all the insurance you need to protect against life's uncertainties, please call us.
1Canadian Life and Health Insurance Association Inc., A guide to disability insurance, November 2012
2Heart and Stroke Foundation of Canada, "Statistics" 3Canadian Cancer Society, "Cancer statistics at a glance" 4Canadian Institute for Health Information, "Organ transplants on the rise," Feb. 25, 2014; figures as of year-end 2012
INSURED INVESTING
Growth potential plus protection
You might think that because segregated funds are investments with an insurance-backed guarantee, that they’re mostly for retirees. But segregated funds have become a lot more versatile since their early days, making them an attractive option even for younger investors. Here are three key ways that segregated funds can help protect you and your future.

1. Principal guarantee at maturity. Segregated funds safeguard your money with a maturity guarantee. This is your assurance that you’ll get back a specific percentage of your investment when the fund matures — no matter what the markets have done during that time.

2. Ability to “reset.” Some segregated funds allow you to lock in accrued gains at specific intervals. So over time, as the value of your portfolio changes, we can “reset” the principal guarantees so it keeps pace with the current market value of your holdings. This can offer tremendous peace of mind, particularly for risk-averse investors.

3. Death benefit guarantee. The amount you leave to your beneficiary is fully protected. Your beneficiary will receive 100% of your net deposits or the current market value of your investments, whichever is greater. In other words, even if the policy pays out during a down market, your loved ones will be protected.

Bottom line: If you have a need for life insurance and you also want some protection from market volatility, these flexible investments merit consideration at any life stage. Please contact us to find out how they can help you reach your financial goals and protect your loved ones.
For more information,
please contact us at

(647) 833-2782