Life Insurance

Life insurance is an highly effective asset for creating and transferring wealth and essential to the realization of business transition, estate, and family financial goals.

It is a highly liquid, tax exempt asset that when it is properly acquired and managed, the return on investment can be exceptional.

The decision to buy insurance to protect against a certain risk is usually based on some determination that there aren't sufficient personal resources to cover the resulting financial loss. An insurance analysis is the only way to properly assess your financial situation to determine how much, if any, of the risk you are able to assume, and how much of it should be transferred to an insurance company. A loss of income due to a premature death, disability or critical illness will usually require a significant amount of capital in order to replace it.

 

Unfortunately, because life insurance is treated as a commodity, its value has been undermined for decades. Failing to recognize the performance factors within each policy while assuming nothing need be done but pay the premiums, causes substantial underperformance and, in the worst cases, complete policy failure.

Each life insurance contract is a complex asset with a unique set of performance variables. 

An insurance analysis will quantify the capital need and then calculate the gap between personal resources and the potential need. Only in this way, can you be assured that you are purchasing the right amount of coverage.

 

We uncover any gaps, overlaps, performance issues, and potential policy failures that may exist within your life insurance portfolio.

Contact our office today in Ottawa if you have questions about your insurance strategy.