Freedom 55 Financial

Life stages

We want to understand your needs, recognizing they may change as you proceed through life’s stages.

Early Career

As you start your career, you may want to:

  • Purchase life and disability insurance to cover your income or protect your ability to earn an income
  • Purchase term life insurance or critical illness insurance as a cost-effective way to cover an outstanding mortgage or debt
  • Purchase health and dental insurance coverage if your employer does not offer a group benefits plan

Family

Having children changes your life and your needs. Now is a good time to:

  • Review your financial security plan
  • Plan for your children’s education with options such as a registered education savings plan (RESP)
  • Plan for your children’s education with options such as registered education saving plans (RESPs)

Business Owner

If you own your own business, you may want to:

  • Consider business continuation, buy/sell agreement funding and key person insurance as part of your business planning
  • Buy insurance to help cover outstanding business loans or mortgages if you die or suffer from critical illness
  • Purchase a health and dental insurance plan
  • Consider group insurance options for your employees

Retirement

If you are retired or plan to retire soon:

  • Insurance can help supplement your income and can help you leave a legacy
  • Health and dental insurance coverage can take over if your benefits through your employer end upon retirement