Embedded Files
Insurance planning helps connect your coverage with the people, income, business and future plans that depend on you.
Matthew Lawrence, QAFP®, Financial Advisor, helps you understand what you already have, identify meaningful risks and build protection around your actual circumstances.
INSURANCE PLANNING FOR NIAGARA AND ONTARIO. PROUDLY CANADIAN.
INSURANCE PLANNING FOR NIAGARA AND ONTARIO. PROUDLY CANADIAN.
Buying insurance is not the same as having a protection strategy.
Buying insurance is not the same as having a protection strategy.
Policies are often purchased at different times for different reasons. Workplace benefits, mortgage coverage and personal policies may never have been considered together.
This can leave important gaps, unnecessary duplication or coverage that no longer reflects your income, responsibilities or priorities.
More insurance is not automatically better. What matters is having the right protection in the right places.
Give every policy a clear purpose.
Give every policy a clear purpose.
Insurance planning begins with the people and obligations that depend on you, the coverage already available and what a serious disruption could mean financially.
Matthew helps you identify which risks deserve attention, how much protection may be appropriate and where different forms of insurance can work together.
The first objective is understanding - not buying a product for its own sake.
One conversation. A broader view of risk.
One conversation. A broader view of risk.
You work directly with Matthew throughout the process, with each option and recommendation explained in plain language.
His QAFP® background helps him consider how insurance connects with cash flow, debt, retirement, estate considerations and business continuity.
What can insurance planning include?
What can insurance planning include?
Help protect dependents, debts, future plans and the financial position of your estate.
Help protect your income and provide financial flexibility if an illness or injury disrupts your ability to work or manage your responsibilities.
Consider the financial effects of losing an owner, key person or someone essential to continued operations.
Use insurance to help provide liquidity for taxes and other estate obligations, support beneficiaries, make charitable gifts or balance an intended inheritance.
Frequently Asked Questions
Frequently Asked Questions
What is insurance planning?
What is insurance planning?
Insurance planning considers your risks, existing coverage and financial responsibilities together. Its purpose is to determine what needs protection and which forms of insurance may be appropriate.
Can my existing policies and workplace benefits be reviewed?
Can my existing policies and workplace benefits be reviewed?
Yes. Existing personal coverage, group benefits and other forms of protection can provide an important starting point. Understanding what you already have may prevent unnecessary duplication.
Do I have to replace my current insurance?
Do I have to replace my current insurance?
No. A review may confirm that existing coverage continues to serve a useful purpose. Any proposed change should be considered carefully, and existing coverage should remain in force until replacement coverage has been approved and accepted.
How often should insurance coverage be reviewed?
How often should insurance coverage be reviewed?
A review can be useful following a marriage, birth, home purchase, major income change, new business obligation or approaching retirement. Coverage should also be revisited periodically when life has changed gradually.
Will I need a medical examination?
Will I need a medical examination?
Not necessarily. Underwriting requirements vary according to the type and amount of coverage, your age, health information and the insurer. Some applications may require only health questions, while others may involve additional medical information or testing.
Start with who and what depends on you.
Start with who and what depends on you.
You do not need to know which policy, or how much coverage, you need before beginning.
Complete the short form and tell Matthew what you want to protect, what coverage you already have or what has recently changed. He will follow up personally to discuss the next step.
Page updated
Report abuse