BMO Nesbitt Burns
885 West Georgia St.
Insurance has many applications in a sophisticated wealth management plan. For example, you may use insurance to minimize the financial impact of a serious illness, preserve and protect the value of your assets, and increase the legacy you leave behind.
Articles of Interest
With the help of our Estate and Insurance Advisors, RT Wealth Management can provide you with insurance solutions that complement and enhance the other elements of your overall wealth strategy:
Replace your income in the event of premature death, and protect your family's current standard of living.
Registered Asset Preservation Plan
Preserve your RRSP or RRIF capital for your chosen beneficiaries.
Estate Preservation Plan
Make sure your estate is distributed according to your wishes, equalize payments to multiple heirs, and offset estate settlement costs.
Make a tax-advantaged, charitable donation.
Cover lost income and/or specialized medical care if you are diagnosed with a serious illness.
Replace your income in the event that you become unable to work due to a long-term disability.
Draw a guaranteed income throughout retirement with potential tax savings and the preservation of your capital for their heirs.
Earn tax-deferred growth now and tax-efficient income during retirement. This is an ideal solution if you've already taken full advantage of your RRSP and RPP contributions.
Receive a daily tax-free benefit in the event that you need the long-term care of a nursing home or in-home caregiver.
Insurance Considerations for Individuals
Insurance Considerations for Business Owners & Incorporated Professionals
How Critical Illness and Disability Insurance Fit Together into a Wealth Plan