Life insurance

Protect those you love. Talk to Wyatt Dowling to ensure you and they are well looked after.

Feel safe and secure

You want to feel safe and secure with not only your possessions, but with your future as well.

 

Protect those you love. Talk to Wyatt Dowling to ensure you and they are well looked after. Our team has the experience and knowledge necessary to guide our most valuable asset, YOU, into a bright future.

Through our network of brokers, we are able to offer Life and financial services.

Life Insurance does not insure life, it insures the continuity of a lifestyle and a standard of living, in either personal or business life. Products we provide include:

  • Term
  • Permanent (Whole Life)

There are many variations and policy types available to you. Our experienced and knowledgeable staff is here to assist you in determining which policy is best suited for your insurance needs.


Types of Coverage

Life Insurance

Life insurance provides savings and financial security for your loved ones in the event of your death. The policy you purchase can be used to provide sufficient cash to your surviving family to continue your current standard of living, as well can help pay off outstanding debts. There are different types of life insurance policies available for purchase, which include:

  • Term
  • Permanent (Whole Life)

There are many variations and policy types available to you. Our experienced and knowledgeable staff is here to assist you in determining which policy is best suited for your insurance needs.

Disability Insurance

Disability, serious illness or injury can occur at anytime to anyone and can make you unable to work. This can create major debt for yourself and/or your business as you will have no alternate income to pay for expenses. Having disability insurance, you will have access to a monthly income to help pay for these ongoing expenses. This coverage is valuable to:

  • A business owner with no disability coverage.
  • Individuals with no coverage.

Business owners will want to consider having some disability coverage as a serious illness or injury can greatly affect ongoing expenses which can result in:

  • Loss of income / revenues.
  • Shortfall on payments.

Health and Dental Insurance

Health and dental plans are designed to cover healthcare needs and prescription drugs. Not all provincial health care plans cover all of the expenses incurred with health and dental coverage. With different coverage options, we strive to find the best coverage to fit your healthcare needs. Individual health & dental insurance is valuable to everyone, but is strongly recommended for the following individuals:

  • Retirees
  • Self-Employed Individuals
  • Professionals not covered by their employer
  • Individuals in between jobs
  • Students with no current plan
  • Part-time workers

Group Insurance

Some workplaces offer a group benefit plan which is intended to minimize the costs of healthcare expenses for you, the employee. Group Insurance provides value to both you, the employee, as well as the employer. These benefits include:

Value to Employee:

  • Employer pays part or all of the cost.
  • Financial security for family.
  • Allows conversion to individual/personal contracts.
  • No need to use after-tax money to purchase various types of insurance policies
  • Usually does not require medical evidence
  • Less expensive than a individual insurance policy.
  • Access to a variety of products.

Value to Employer:

  • Tax Deduction.
  • Cost effective protection.
  • Establishes a company policy.
  • Flexible offerings.
  • Improves employee morale, productivity and efficiency.
  • Retain and attract good employees.

Tips when it comes to choosing what coverage is best for you.

Every person and family will have different needs based on different factors including income, children or dependants, your values, and goals. When trying to decide what type of life insurance to purchase, you will want to take all these factors into consideration to determine your life insurance needs.

  • Are your needs for short term or long term goals?
    • Mortgage, loans & education funds are all short-term goals.
    • Funeral expenses, estate taxes & Survivor income are all long-term goals.
  • Do you have any current coverage in place?
    • Determining your requirements for insurance will take into consideration any current coverage you have.
  • What value of assets do you have which can be converted to cash upon death?
    • Assets which can be converted to cash upon death can help a surviving spouse financially.

 

Have questions about your Life insurance?
Wyatt Dowling Insurance Brokers are always ready to answer.

Leave your worries at our door.