A.T. Financial Newsletter
For complete protection,
take a portfolio approach
On the surface, investing and buying
insurance might seem like two
entirely different subjects. However, both
activities can be more effective when you
take a strategic portfolio approach.
An insurance portfolio consists of
several complementary types of policies.
Each element plays a different role, much
as asset classes do in an investment
portfolio. By considering each aspect of
your life that needs protection, we can put
together a comprehensive solution.
Protecting your family's lifestyle
If you should pass away, you'd want your
family to be able to stay in their home,
your kids to be able to get post-secondary
education, and your spouse not to have to
worry about making ends meet.
Solution: Life insurance on your own
and your spouse's life. Coverage can be
adjusted as your protection needs change
Protecting your income
An interruption in your earnings caused
by disability or critical illness could spell
financial hardship for you and your
Solution: Disability and critical illness
insurance. Disability insurance is designed
to replace a portion of your income until
you can get back to work. Critical illness
insurance provides a one-time payment
that you can use to seek alternative treatment,
pay off debts, provide in-home care,
or anything else that can help ease the
strain on your family.
Protection from debt
Borrowing plays a key role in helping
achieve important goals. But unexpected
events can sometimes interfere with regular
repayments, putting you, your family, and
your savings at risk.
Solution: Sufficient life and disability coverage
to maintain required payments or pay
off your debts. While many lenders offer
mortgage life and disability insurance, a freestanding
policy will give you greater flexibility.
Preserving your estate
When you pass away, a deemed disposition
of all your assets occurs for tax purposes,
which may result in substantial capital gains.
Solution: Permanent life insurance.
Permanent coverage provides protection
for your entire life, so you won’t have to
worry about not being able to qualify as
you get older.
Protection against healthcare costs
As you age, you may need assistance for
everyday activities. Whether you need
occasional help in your own home or
dedicated nursing help at home or in a
facility, the cost can be significant.
Solution: Long-term care insurance. With
sufficient long-term care insurance, you'll be
able to have the level of care you want without
having to tap into your own financial
resources or rely on your children for support.
As you can see, there are many different
factors to consider and many are subject
to change. We can help make sure you
have the right types of coverage, in the
Insure your business's
most valuable asset
If you are a business owner or self-employed
professional, your business is likely to
represent a good portion of your personal
net worth. Without you at the helm,
however, chances are that your business
would be worth far less. if the worst should
occur, your loved ones may not be able to
benefit from the value you worked so hard
The value of insurance
To protect your family and your business,
you may want to consider life insurance.
The tax-free benefits can:
The value of insurance
- Replace your income so that your family
can maintain their accustomed lifestyle.
- Hire a temporary replacement to keep
the business running until a permanent
successor can be found.
- Pay off personal and business debts,
including those that are likely to arise
- Fund a buy-sell agreement with your
business partner or co-owner so that he
or she can purchase the business from
There are many different types of
insurance (term 10, 20, 30, permanent life)
and a number of ways to set up the policy.
Every situation is unique, which is why it's
a good idea to get professional advice.
We'd be happy to take a look at your
insurance needs and help you structure
coverage to protect both your loved ones
and your business.