Income & Expense Review
We analyze your current income and fixed expenses to determine the optimal benefit amount.
Get In Touch With Us!
Opening Hours
Mon-Fri: 8:00am – 4:00pm
Sat-Sun: Closed
Address
10225 Yonge Street, Richmond Hill, ON, L4C 2BC
Receive tax-free payments upon diagnosis of a critical illness or during a period of disability to safeguard your wealth and recovery time.
In a competitive job market near Richmond Hill, offering a robust benefits package is essential for employee loyalty and minimizing employee turnover.
Key Benefits are;
Receive a tax-free lump sum upon diagnosis of a covered illness (e.g., cancer, heart attack, stroke). Funds can be used for anything—out-of-province treatment, mortgage payments, or paying off debt.
Provides a monthly, tax-free income replacement if you become sick or injured and cannot work at your own occupation.
Prevent the need to cash out your RRSPs or TFSAs prematurely to cover essential living costs during a health crisis.
Option to receive all your premiums back if you never make a claim (CI policies only).
While life insurance protects your family after you’re gone, Living Benefits protect your income and financial assets while you are alive and dealing with a serious health event. For professionals and self-employed individuals in Richmond Hill, a critical illness or disability can instantly stop your income while increasing your expenses. Our Living Benefits plans provide a vital financial bridge to allow you to focus purely on recovery.
We offer customizable solutions based on your goals:
Covers 20-25 major conditions. Key feature: Return of Premium options are available if you outlive the policy term or cancel.
Offers a percentage of your regular income (typically 60-70%) during a long-term disability. Look for a plan with a strong “Own Occupation” definition of disability.
Provides monthly benefits to cover the high costs of in-home or facility care due to chronic illness or cognitive impairment.
We analyze your current income and fixed expenses to determine the optimal benefit amount.
We tailor the waiting periods (elimination period) and benefit duration to match your existing workplace or personal savings strategy.
Once approved, your financial security is protected against the most common risks of income loss.
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No, the lump-sum benefit paid to you is generally tax-free, as premiums are paid with after-tax dollars.
Most employer plans are Group Disability, which is often taxable and may not cover your specific "Own Occupation" long-term. Individual DI offers stronger, portable, and tax-free protection.
This is the waiting period (e.g., 30, 90, or 120 days) after you become disabled but before benefits begin. Choosing a longer period typically results in lower premiums.
Mon-Fri: 8:00am – 4:00pm
Sat-Sun: Closed
10225 Yonge Street, Richmond Hill, ON, L4C 2BC