Tatyana Subbotina Insurance Services Inc.

Tatyana Subbotina Insurance Services Inc. Tatyana Subbotina, Hos.B.A, CHS, CLU,
I have been in the financial services industry since 1997.

Since that time I have practiced as an independent broker serving families and individuals in Southern Ontario and Greater Toronto. As a insurance advisor I help my clients learn how to protect themselves, their families and their assets. Meeting people from different socio-economic and cultural backgrounds, helping them asses their financial needs and risks, and providing them with a financial security strategy is very gratifying.

09/27/2023

Will you be able to pay all your bills if become disabled? Will you maintain your lifestyle if got sick? Call me if interested, 416 4507837

Do you save enough for your child/grandchild?! Call me to get all the benefits for your child's education! 416 4507837
09/22/2023

Do you save enough for your child/grandchild?! Call me to get all the benefits for your child's education! 416 4507837

Insurance Industry guarantees for your investments:Last Friday, we learned of the pending collapse of Silicon Valley Ban...
03/16/2023

Insurance Industry guarantees for your investments:

Last Friday, we learned of the pending collapse of Silicon Valley Bank.

Here is a great explanation of what happened from RBC Asset Management:

When banks go bust, clients may start asking: “Do insurers have anything like CDIC?”

This got us thinking about the industry guarantees provided through Assuris. As you know, Assuris is the insurers’ insurer. In the event an insurer is insolvent and unable to pay clients’ guaranteed amounts, Assuris steps in and provides guarantees to the client. It’s important to remember that no Canadian has ever not received a life insurance benefit or segregated fund guaranteed amount.

We will also remind you that the word “segregated” in Segregated Funds has an important meaning. Client money held in Segregated Funds are segregated from the general assets of the insurer. Meaning these assets are protected from the insurer’s creditors.

Let’s dive into the details of the Assuris coverage:

The important point here is that it is 85% of the shortfall with no cap!

For example, if the 100% death benefit guarantee is $500,000 and the market value at the time of death is $300,000, and the insurer is insolvent. Then the beneficiary will receive $300,000 plus 85% of the shortfall, $200,000 totally $470,000.

Here's a link to Assuris’ website with examples of segregated funds.

Take note of the guarantees for GMWBs, there is protection in the savings and income phases.

Assuris provides up to $100,000 in protection for GIAs as well. This is the same level of protection as CDIC’s coverage.

Lastly, from Assuris’ website, remember:

Assuris protects each member company separately. If you have more than one segregated fund policy with guarantees with the same member company, all similar benefits are added together before Assuris’ protection is applied.

As always, we look forward to your comments. (416) 450-7837

Courtesy of Scott Edginton and QFS

Do you keep your hard earned savings at the banks? Let me show you a better option! Beat the banks! Call me 416 4507837
03/16/2023

Do you keep your hard earned savings at the banks? Let me show you a better option! Beat the banks! Call me 416 4507837

Planning to go out of country soon? call me for travel insurance and have peace of mind on vacation! 416 4507837
03/16/2023

Planning to go out of country soon? call me for travel insurance and have peace of mind on vacation! 416 4507837

When taking out a mortgage with a lending institution you should cover off that debt with an insurance policy. Not all c...
10/18/2021

When taking out a mortgage with a lending institution you should cover off that debt with an insurance policy. Not all coverage options are created equal. Let’s look at the highlights of the two options available to you.


Control

Individually Owned Term Life Insurance
You own the coverage and choose who receives the death benefit
Mortgage Insurance from lender
The lender owns the policy and they are the beneficiary

Guaranteed Premiums

Individually Owned Term Life Insurance
Your rates are guaranteed for the life of the policy
Mortgage Insurance from lender
Mortgage insurance rates are not guaranteed and can increase


Portability

Individually Owned Term Life Insurance
Coverage remains intact if you switch lenders
Mortgage Insurance from lender
You need to reapply for coverage if you move lenders


Level Coverage Amount

Individually Owned Term Life Insurance
Coverage amount stays the same even as your mortgage decreases
Mortgage Insurance from lender
Coverage declines as your mortgage are paid off. Premiums stay the same
Comfort

Individually Owned Term Life Insurance
Underwritten at the time of application.
No surprises at the time of claim
Mortgage Insurance from lender
Underwritten at the time of death

Reach out to me today if you want to explore the benefits of individually owned life insurance.

Segregated Funds:Investing with peace of mindSegregated Funds can only be sold by a licensed insurance advisor. They ar...
10/15/2021

Segregated Funds:
Investing with peace of mind

Segregated Funds can only be sold by a licensed insurance advisor. They are similar to mutual funds but have guarantees and advantages that mutual funds do not.

Increasing your guarantees
Segregated funds can include resetting options. This allows you to increase your guarantee values to a percentage of the market value, thus locking in your guarantees.

And much more!

Read more about who can benefit from the Segregated Funds here: https://subbotinafinancial.ca/blog/f/segregated-funds-investing-with-peace-of-mind

Let me help you make the best choices based on your needs and your situation.

10/13/2021

Are You Insuring Your Most Valuable Asset?
Get the DI coverage.

Contact us today for the free consultation.

10/13/2021

Are you a business owner and thinking about how you can benefit your employees?
Apply for the group benefits plan today and help your colleagues improve their lives.

SunLife thank you for your excellent service and support.

Get in touch with us today!

www.subbotinafinancial.ca

Traveling outside of Canada?The moment you’ve been waiting for so long has finally arrived. Your tickets are booked and ...
10/11/2021

Traveling outside of Canada?

The moment you’ve been waiting for so long has finally arrived. Your tickets are booked and the countdown to your travel is on. Whether you’re traveling by yourself or with your family, for a single trip or multiple trips, it’s never been more important to stay on top of the ever-changing COVID-19 travel guidelines. Keep reading for more tips and information to help you and your loved ones enjoy that well-deserved trip.

✔ Checking your travel requirements
✔ Booking your trip
✔ Staying safe while traveling
✔ The takeaway

Read more tips at www.subbotinafinancial.ca



Underwritten by The Manufacturers Life Insurance Company (Manulife) and First North American Company, a wholly-owned subsidiary of Manulife. Manulife, Manulife & Stylized M Design, and the Styled M Design are trademarks of Manulife and are used by it, and by its affiliates under license. © 2021 The Manufacturers Life Insurance Company. All rights reserved.

Reasons to Review Your Existing Life InsuranceWe can't stress enough the importance of reviewing your existing insurance...
10/08/2021

Reasons to Review Your Existing Life Insurance

We can't stress enough the importance of reviewing your existing insurance to make sure it's up-to-date and adequately protects you.

Here are some reasons for updates:
✔️ Marriage/divorce
✔️ Newborn
✔️ Career changes
✔️ Mortgage or other increased loan
✔️ Support of additional family member
✔️ A loved one has a change in their health

Read more at www.subbotinafinancial.ca

Do you want to find out whether you need to change any coverage? Reach out to us today to schedule a free consultation.

Address

1700 Langstaff Road, Unit 1001
Concord, ON
L4K3S3

Telephone

+14164507837

Website

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