Protect Your Savings. Buy
Critical Illness Insurance To Protect Your
Investments
Save Time and Money. Click Here for a
Quote
Do
you have protection against your greatest financial
vulnerability-changes to your health?
What
would happen to your savings, investments and personal assets
such as your House, if you were diagnosed with a critical
illness?
Things like out-of-pocket medical
expenses and travel costs would have to come from your savings
and investment portfolio. But early withdrawals have tax
consequences. And selling investments earlier than planned
might not generate the returns you expected.
Taking time off work to
recuperate or care for a loved one would cause a loss of
income. In this situation, you might find it difficult to
continue to invest. But even temporarily putting a hold on your
investment purchases can have a long-term impact on portfolio
growth.
If
you are forced to deviate from your original investment plan,
your portfolio may never recover from any lost returns-and your
future retirement income could fall far short of what you had
hoped for.
When
people get sick, no matter how wealthy they are, the first
priority is recovery. Financial concerns can add unnecessary
and unwanted worry during an already stressful
time.
The
Solution:
Have
enough critical illness insurance to stop your losses and
protect your assets.
Critical illness insurance helps
avoid having to prematurely withdraw money from an RRSP,
savings or other investments. It provides a lump sum benefit
that can be used however you choose, including:
- fund private or alternative
medical treatment
- replace lost
income
- pay down mortgage or other
debts
- create a trust fund for
children
Save Time and Money. Click Here for a
Quote
The
Result:
Asset
protection and peace of mind.
By
redirecting a small portion of the funds you planned to invest,
towards paying the premiums on a critical illness insurance
policy, you can protect your assets against the possibility of
a future critical illness.
Plus,
With a Return of Premium Rider, you will have your premiums
returned if you choose to cancel your Policy after 15
years**
Example: With critical illness
insurance, $7,930* of a $50,000 annual contribution goes to
paying the premium for a $500,000 Term 75**. $42,070 is
invested as usual.
If a
critical illness happe the policy pays out $500,000. No money
is withdrawn from your savings and investments, which by age 65
reach $2,108,273.
If
there is no critical illness, you can choose to cancel your
policy after 15 years**, and would receive $198,250 in returned
premium. This money can be added to your investments and your
savings at age 65 would be $2,306,523.
Without critical illness
insurance, your investments are at risk. But with proper
insurance protection, there should be no need to withdraw funds
from your investment portfolio and jeopardize your retirement
plans.
Because your investments should
be for your future-not for your medical bills, call or email me
now to see how critical illness insurance can you help you
protect your investment portfolio:
Daniel La Tour, B.A.; B.Ed.
Financial Advisor
(514) 630-6116
daniel.latour@justincaseinsurance.com
www.JustinCaseInsurance.com
