Financial Planning

A financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans.[1] This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance, a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.

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Important financial planning InfORMATION

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A Look at Living Benefits Claim

Take a look at Canada Life critical illness insurance claims

Personal Records

Organize important information about your personal and financial affairs in one handy location.

Protect Your

Help protect your most valuable asset with disability insurance.

Protect Your RRSP with Critical Illness Insurance

Recovered health may not mean a full recovery of wealth.

Segregated Funds vs.
Mutual Funds

Which investment option is best suited for you?

Should You Rely on Group Insurance Alone?

There could be a gap between what’s covered in your group policy and what your family will need.

A financial plan is sometimes referred to as an investment plan, but in personal finance, a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.

Life Insurance

Accessing Your Policy’s Cash Value

With permanent life insurance, your policy can build up cash value.

What’s The Best Life Insurance For You?

Life insurance is a big decision to make and to build the right plan, it’s important to know your options.

How Participating Life Insurance Works For You

Participating life insurance is distinguished by a few key features. Learn about them here.

Insurance Stability for Uncertain Times

There may be places in your portfolio for big risks. Life insurance isn’t one of them.

Life Insurance Options

Enjoy today knowing the future is taken care of. Not sure where to start? Let’s look at the

Participating Life Insurance vs. Universal Life Insurance

We offer two types of permanent life insurance you can customize based on what you and your family need.

Put Some Life (Insurance) Into Your Financial Plan

How corporate-owned life insurance can work for your business.

Canada Life My Term: Term life insurance that works for life as you know it

Canada Life My TermTM life insurance is a customizable product that provides lower cost insurance protection for a set time period.

Critical Illness

Critical Illness

Critical illness insurance can help you keep more of your money.

Definitions of Critical Illnesses

Definitions of critical illness insured conditions for LifeAdvance and Child LifeAdvance.

Critical Illness - Coverage When It Counts

If you’re faced with a serious illness and you have a plan, you can focus on your recovery and worry less about money.

Critical Illness Protection Options

Plan for the unexpected. A guide to Canada Life critical illness insurance

Critical Illness - Added Support

Canada LifeTM LifeAdvanceTM and Child LifeAdvanceTM policies offer a range of services and support for your physical, emotional and financial needs.

Critical Illness for Children

You may not want to even think about the possibility of your child becoming critically ill, but what if it does happen?

Insights and Advice

How to buy life insurance for the
first time

You can get life insurance that's right for you by following
these tips today.

Mortgage insurance vs. Life insurance: What meets your needs?

Which of your needs are met by each product?

Understanding Risk

Two factors work together to determine your risk
tolerance – your willingness and ability to take risks.

What are the main types of life insurance?

Do you know what type of life insurance is right for you? And are you aware of what life
insurance can do for you, beyond helping pay for a funeral and related expenses? Let’s
find out together.

What’s the difference between a TFSA vs. RRSP?

When you decide to invest your money, the options can seem endless. Among the choices
are usually RRSPs and TFSAs – but what’s the difference between the two? More
importantly, what are the benefits of each?



Build wealth and security for your family with our financial planning services.

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Grow and protect your business with our business owners planning services.

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Mortgage & lending Options

Learn about and manage
your mortgage and
lending options.

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Plan succession for the next generation with our wealth transition services.

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Plan and create a carefully structured plan with our estate legacy planning services.

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