|
Life
Insurance
...We offer a full range of life insurance
products from term insurance to universal life from a broad list of
insurance companies including: Sun Life, Canada Life, Manulife, Maritime,
Great West, RBC, CNA and AIG, to name a few.
...Life Insurance is designed to
do one thing exceptionally well: provide tax-free, unencumbered cash at
death. There is no other investment, no other asset, that does this job
better. The rule of thumb is this: if you can identify any cost that will
be incurred upon your death, life insurance is simply the cheapest and
best way to deal with it. The needs met by this great product range from
basic needs like funeral, dependant income and mortgage payout, to
creative uses like paying taxes on RRSPs and
capital gains or creating a perpetual legacy for a favorite charity.
|
|
...Since
life insurance plays a major role in most estate plans, and you will be
glad to discover the expertise in our group is at a level difficult to
find in the financial planning industry today. We help you to identify
and leverage the benefits of this important tool. Tim Affolter CFP CLU ChFC, our president, is a Chartered Life
Underwriter (CLU), the highest professional designation attainable in
the area of life insurance and estate planning.
...Whether you have an existing
insurance program or are looking to start a new one, our insurance
division will see that you receive maximum benefits from it.
|
Return To Top
Disability Insurance
...One of the most technical and
difficult to underwrite areas of personal insurance is the area of
disability income replacement. Yet it is one of the most needed and often
used types of insurance you can own. When you consider that 1 in 4
individuals will suffer a long-term disability before age 65, and 40% of
mortgage foreclosures are dues to disability, the need for income
replacement becomes clear.
|
...Many
people have coverage through employers that requires careful
programming to augment. The worst thing that can happen is to become
disabled and then not be able to collect because of improperly written
coverage.
...You may already have a
policy that was written years ago that now either provides you with
inadequate, out of date, or excess coverage. We can review the contract
wording for you and advise you of the pros and cons of your present
policy.
...The experts at The Affolter
Financial Group Inc. know the technical ins and outs of Disability
Income Replacement Insurance. You can count on us to provide you with
coverage that is not only cost-effective now but actually pays at claim
time. Remember, the true cost of a disability policy is the value of a
claim not paid. This is one area where you can't afford to work with
anything less than a true professional!
|
|
Return To Top
Critical Illness
Insurance
...The fastest-growing area of
personal insurance market in North America
is the area of Critical Illness Insurance (CI). Many people don't need
insurance if they die, and disability insurance that pays monthly income
can have complications at claim time. For these individuals, CI Insurance
fills a significant need.
|
...CI
is designed to pay out on the diagnosis of a life-threatening
condition. Once diagnosis has been made and a waiting period (normally
30 days) is survived, the policy pays out a tax-free lump sum that can
be used for anything you wish, including medical treatment bills, a
final trip, or modifications to your home.
...Conditions covered by CI
generally always include the big 4: heart attack, stroke, coronary artery
bypass surgery and life-threatening cancer. Over 80% of claims result
from one of these conditions. Many policies cover up to 18 additional
conditions such as major burns, Alzheimer's and Parkinson's disease, MS
and ALS, coma and paralysis.
...Coverage can also include a
provision that returns your premiums to you or your heirs if you live
to a certain age without a claim or die from a condition not covered.
So all the policy actually costs you is the use of the money and the
interest you could have earned on it.
|
|
...CI now forms an important part
of an individual's risk management program. If you have not yet
investigated this valuable type of coverage, The Affolter Financial Group
Inc. is your best source for information and quotes.
Return To Top
|
|
Long Term Care Insurance
...People today are living longer. Also, the cost of long-term care
is rising as governments scale back on medical assistance. These are
two of the factors that have contributed to the creation of long-term
care insurance.
...While it will (hopefully)
always be true that medical care in Canada will continue to be
government funded, many are becoming concerned about the quality of
that care. Add to that the fact that the government requires you to use
your own money first (by more providing lower subsidies to those with
income), and you can understand why many people are concerned that the
costs of long-term care will deplete their assets in their most
vulnerable years.
|
...Long-term care insurance can
help to address this concern. The policy pays you a daily amount of
income toward the cost of home care, community care or facility care,
depending on which policy you choose.
...Costs are moderate, with
policies starting around a monthly cost equal to the daily benefit (ie: $30/month premium for a $30/day benefit). Most
people will make a claim at some point in their lives, making it a very
worthwhile investment. Premiums are lower if you are younger when you
apply (say, age 60 instead of 70) and if you have a partner when you
apply. This is because most people don't require care for as long when
they have a spouse or partner to look after them.
...If you are concerned with who
will look after you when you require care, or whether your assets will be
sufficient to fund the final years of life, we would be happy to quote
coverage for you. Just click on Contact Us and
drop us a note with your age and marital status. We will contact you the
next business day with your quote.
Return To Top
Medical / Dental Plans
|
...We
offer a variety of plans for individuals to protect against high
medical and dental bills. For one monthly premium you can be confident
that an unforeseen illness or condition will not break the budget, and that you can go to the dentist regularly
without having to remortgage the home!
...Just email us and we will
mail you a booklet explaining the benefits and costs. If you want to
apply, simply fill out the attached application form and mail it in. No
agent will call - unless you want us to, of course!
|
|
|
