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 happens, 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money is withdrawn from your savings and investments, which by age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
