If you want to turn your RRSP account into a guaranteed income for life plan, please contact our office today! This can also be used for joint retirement income plans outside of RRSP accounts.
In today’s world, advancements in the health industry are contributing to the increasing longevity of human life and also unfortunately contributing to the increasing prevalence of critical illnesses.
Statistics show by age 70, majority of North Americans will have faced a critical illness. Critical illness insurance essentially pays the face amount of the policy to the insured in a lump sum. The money can be used without restrictions, and it is paid upon the diagnosis of the specific illnesses.
The question isn't whether you will get a critical illness, but how will you handle it when you do? For further information, please contact us.
