Shikha Sardana -Insurance and investment advisor

Shikha Sardana -Insurance and investment advisor I help individuals, families, and business owners reduce taxes and build wealth with confidence. Business owners—want to keep more of what you earn?

My focus is simple:reduce taxes, grow your wealth, plan with confidence. Let’s connect..

Happy Women’s Day! 💐Women today are leaders, entrepreneurs, caregivers, and financial decision-makers. Today we celebrat...
03/09/2026

Happy Women’s Day! 💐
Women today are leaders, entrepreneurs, caregivers, and financial decision-makers. Today we celebrate your strength and your journey.
Here’s to empowering women to build secure and confident financial futures.

Are you paying the right amount for your life insurance? 🤔Many people are either overpaying for coverage they don’t need...
03/07/2026

Are you paying the right amount for your life insurance? 🤔
Many people are either overpaying for coverage they don’t need or underinsured without realizing it.
Life changes — income, kids, mortgage, and goals.
Your insurance should change too.
A quick review could save you money and protect your family better.
📩 Message me for a free policy review
📞 Call / WhatsApp:437-332-2121

🚨 RRSP Deadline Alert – Don’t Miss Out! 🚨
02/27/2026

🚨 RRSP Deadline Alert – Don’t Miss Out! 🚨

⚠️ Why Employer Insurance Is NOT Enough ⚠️Many people think employer-provided insurance is sufficient — but here’s the t...
01/20/2026

⚠️ Why Employer Insurance Is NOT Enough ⚠️
Many people think employer-provided insurance is sufficient — but here’s the truth:
❌ Job-dependent – You lose coverage the moment you change or lose your job
❌ Limited coverage – Often low life cover and basic health benefits
❌ No control – Employer decides the policy, not you
❌ Not family-focused – Coverage may not fully protect spouse, kids, or parents
❌ Rising costs – Benefits may reduce or premiums increase without notice
❌ No long-term security – Retirement or career breaks = zero protection
✅ Personal insurance = Control, Stability & Peace of Mind
It stays with you, grows with your needs, and truly protects your family.
👉 Employer insurance is a bonus — not a backup plan.

Call today to know your best personalized coverage options (437) 332-2121

12/26/2025

Merry Christmas!
Family, love, and togetherness make this season special—just like the people we’re proud to protect. Thank you for being part of our journey. Wishing you a safe, joyful holiday season and a bright New Year ahead.
Warm regards,
Shikha Sardana
Life Insurance and Investment Advisor.

The Complete Puzzle: The Benefits of BundlingThe world is full of uncertainty, and many of us turn to life insurance to ...
12/26/2025

The Complete Puzzle: The Benefits of Bundling

The world is full of uncertainty, and many of us turn to life insurance to provide a safety net for our loved ones and ourselves. But sometimes life insurance is not enough to cover all of life’s uncertainties – like the financial need that an unexpected illness or accident can cause. Combining different types of insurance into one convenient bundle can give you and your family peace of mind knowing your needs are more fully covered.

So, what is insurance bundling?
Many companies offer product bundles – consider your cable or internet provider for instance. Bundling is a common practice of amalgamating products or services in order to offer them as a single, simple package, oftentimes at a reduced rate.

Insurance bundling is no different and involves combining multiple lines of coverage from a single or multiple carriers into one package. Insurance can be bundled in a couple of different ways:

Option 1
The first and simplest option is to add one or more riders (coverage add-ons) to a base plan. For example, if you purchase permanent life coverage as your base insurance, it might be advantageous to add accidental death, term insurance, a critical illness rider or a child protection rider.

Option 2
An à la carte bundled plan, using multiple insurance carriers for the different products, may also be worth considering. The extra bells and whistles may be a little more costly, but there is value in getting exactly what you need – no gaps, complete coverage.

What are the benefits of bundled insurance?
Most insurance carriers will lower the policy fee for bundled insurance when they underwrite it all. The amount you save will of course depend on your selected plans and the provider, but the combined coverage can be less costly than purchasing individual plans.

Perhaps the biggest benefit to bundled insurance is the peace of mind knowing that you have more of your personal insurance needs covered. Yes, you have life insurance, but now you also have disability and/or critical illness coverage in case you have an accident or become ill, and that’s smart planning!

There is a saying, “the best defense is a good offense”. Nothing could be truer when it comes to your life and the lives of your loved ones. The fact is that one in five Canadians will experience a disability and two in five Canadians will go through cancer in their lifetime (1). Life insurance is no longer the single solution. By choosing a bundled insurance package, one that includes both life insurance and living benefits, you can play offense and protect your family against more of life’s risks.

How Insurance Provides Security – and Opportunity – for your BusinessYour life, your family and your business deserve pr...
12/25/2025

How Insurance Provides Security – and Opportunity – for your Business

Your life, your family and your business deserve protection and if you’re a business owner, insurance can provide that security in a number of ways that may surprise you. It can also provide opportunity to help build assets – and your business – in a tax-effective way for your retirement or estate plan.

The Purchase of Shares
If you have one or more shareholders in your business, consider insurance when it comes to your Shareholders’ Agreement. In the event of the death or disability of a shareholder, having insurance on their life means immediate funding will be available to purchase the shares of the deceased shareholder and allow for a smooth transition that allows the business to continue to thrive. This method is a more cost-effective and convenient way to fund a buy/sell than borrowing money, liquidating assets, creating cash reserves, or using after-tax corporate profits. Without the funding, the deceased’s spouse or child could end up becoming a shareholder – an outcome which may not be desirable for all parties involved.

A note about taxes: the life insurance benefit is received tax free by the corporation on the death of the shareholder and generates a credit to the Capital Dividend Account (CDA). The CDA can in turn be paid tax free to the estate of the shareholder. The CDA is a valuable tool that can be used in post-mortem planning to remove potential double tax on the death of the shareholder.

Collateral for a Business Loan
If you have a need for a loan to grow your business, your life insurance policy can help put you in the right position. Lenders (banks and other financial institutions that lend money to small businesses) often ask a borrower to provide life insurance on the lives of the key shareholders or employees as a condition of lending. This means that your insurance policy will not only protect you, your family members, your corporation, and key persons to the business – it can also help enhance cash flow to your business.

Here are a few other options to think about:

Key Person Insurance - common with small to medium businesses; this protects your business if you have one or more key people (e.g., you, another shareholder, a hired executive) whose death, disability or critical illness would harm the financial health of the business

Charitable Giving - corporate-owned insurance can be used as a tool to donate to charity: assign the policy ownership to the charity, use the policy to fund an estate gift, or use it to fund corporate gifting

Estate Protection - insurance can be used to pay taxes due upon death thereby protecting the value of your estate which provides a tax-efficient way to enhance or create your estate

Estate Equalization - it is common with family businesses that not all of the children want to, or are suited to, work in the business and the parents want all children to be dealt with fairly; life insurance can provide liquidity to achieve this fairness

Obstructive Sleep Apnea: Sleep Well, Breathe EasyWhat is obstructive sleep apnea, also known as OSA? Apnea means to stop...
12/17/2025

Obstructive Sleep Apnea: Sleep Well, Breathe Easy

What is obstructive sleep apnea, also known as OSA? Apnea means to stop breathing, and in the context of OSA this happens while asleep. That sound you hear is the often loud snoring that accompanies these episodes of breathlessness. The obstructive part is in the upper airway system caused by the inadequate function of the tongue muscles or surrounding muscles that keep the airways open (1).

In the 1830’s, the English novelist Charles Dickens published a series of stories called “The Pickwick Papers”. One character, the larger-than life Joe, was known for his prodigious appetite, large build with an ability to fall asleep quickly and often during the day. In 1956, an astute medical researcher named Burwell and his colleagues published an article in the American Journal of Medicine titled, “Extreme obesity associated with alveolar hypoventilation-a Pickwickian syndrome”. This was the first modern day presentation of the sleep-related breathing disorder now known as obstructive sleep apnea (2).

Before we consider how serious OSA might be, we know that this is the most common sleep-related breathing disorder, affecting an estimated and staggering 936 million people and by far, mostly men, worldwide (3). However, it is estimated that only 1 in 5 cases are diagnosed (4).

Is a supposed disorder associated with snoring and maybe gasping for air at night a problem?
Perhaps you’re a little tired during the day or even falling asleep often and quickly just like our character Joe from “The Pickwick Papers”. Most cases of OSA, diagnosed or not, occur in ages 50 and higher and particularly among the overweight/obese, smokers, and those who may be genetically predisposition to this condition. Untreated OSA can increase the risk of developing everything from Type 2 diabetes to kidney disease and heart failure (5).

So, how can OSA be diagnosed and treated?
Polysomnography is a sleep study that can be done in a clinic or at home and will measure a number of things, but most important, the number of times the patient stops breathing (apneas) or reduces breathing (hypopneas) over the course of an hour. If the result is 5-15 apneas/hypopneas per hour (AHI), mild OSA is present. An AHI of 30 or more is severe disease. The risk of complications is that much higher with severe OSA. The good news is that OSA has a number of treatment options that can include weight loss, alcohol reduction or even simply sleeping on your side more often than on your back. For most cases of OSA, the only effective treatment is to keep the airways open by applying continued positive airway pressure (CPAP). Current generation CPAP appliances not only keep the airways clear but provide usage data confirming AHI, oxygen saturation and other metrics that confirm the efficacy of the treatment.

For those with suspected OSA, get tested. For those with confirmed OSA, use CPAP, if prescribed. Diagnosis and treatment are always half the battle and can allow you to sleep well and breathe easy.

Insurance for Your Whole LifeLife insurance comes in many shapes and sizes and finding the right fit for your life can b...
12/17/2025

Insurance for Your Whole Life

Life insurance comes in many shapes and sizes and finding the right fit for your life can be daunting to say the least. It can be tempting to simply find the least expensive solution and go with that. But like all products, sometimes the least expensive option can end up costing you more in the long run.

For life insurance, the low-cost option is called term insurance. This provides you with a set death benefit for a set amount of time (10 years, 20 years, etc.). However, every time a term policy automatically renews (as an example, every 10 years with a term 10 policy) your premiums go up drastically. In addition, term plans often expire before the insured’s life expectancy.

Insurance that lasts from now until the day you pass away is called permanent insurance, and it comes in many different forms. One of the oldest and most successful is called whole life. You can likely guess why it’s called that.

How are Policy Prices Established?
It’s helpful to understand how the premiums of all life insurance policies are priced. Think of it this way. In very simple terms, all policyholders pay their premiums in, and whenever a policyholder dies, their death benefit is paid out. Mathematicians known as actuaries work to predict the expected cost of any death benefits paid out each year, which is how your policy’s premiums are determined.

These actuaries try to be conservative with their estimates to ensure that there are always enough funds available to cover any deaths in a given year. But what happens if less people die than they expected, or if the investments of the fund earn more than they expected? In the case of most products, like term or non-participating products, the insurance company keeps the difference.

What Makes Whole Life Insurance Different?
With participating whole life though, that difference gets returned to clients in the form of dividends. These dividends can then be used to buy more paid-up insurance. The result is that your death benefit grows over time, while your premiums stay exactly the same. Best of all, whole life policies guarantee their premiums do not go up, your death benefit never goes down, and the policy even builds cash surrender values.

Does Whole Life Insurance Meet My Needs?
All of this being said, whole life policies are considerably more expensive than your typical term policy. So how do you know if one is right for you? Generally, there are two ideal use cases for a whole life policy. The first is to maximize the estate that you leave your loved ones. Participating Whole life policies tend to return very favourable rates of return over time, and the death benefit is received by your beneficiaries tax free, resulting in a very effective way of building a legacy for the next generation.

The other case is for building up value to be used during your life. By using a form of the product that builds early cash values, you’re able to borrow against the value in your policy to fund education, retirement, or any other lifetime need. When you pass away your tax-free death benefit can be used to repay any remaining debt.

Having a Drink: Is One Too Many?Having a drink, taking a shot, chugging a brew are all familiar synonyms for alcohol con...
12/17/2025

Having a Drink: Is One Too Many?

Having a drink, taking a shot, chugging a brew are all familiar synonyms for alcohol consumption. Nothing new here, humankind the world over has been fermenting beverages for millennia with the oldest verifiable brewery located near Haifa in modern day Israel (1). Whether imbibing baijiu in Shanghai, sake in Tokyo, ouzo in Athens or a stunning variety of wines in the Mediterranean countries, the cultural and geographical blueprint for alcohol use runs deep and broad. France even has wines named after some of its’ most famous regions as any proud denizen of Champagne or Bordeaux will boast.

Today’s spirited debate is not about alcohol abuse. There is an acknowledged acceptance that too much ethanol, the toxic compound in alcoholic drinks, is unhealthy in the best case and potentially lethal in the worst. It is estimated there are nearly 3 million deaths worldwide annually related to alcohol misuse, half of those deaths due to injuries and digestive diseases like cirrhosis of the liver (2).

Instead, let’s explore the question of whether any alcohol is good for us, or at least non-harmful. For several decades, a popular school of thought was that some alcohol, maybe 1-2 glasses of red wine daily, might be a good source of the antioxidant, resveratrol. This polyphenol found in the skin of red grapes was thought to protect the heart and lower the risk of coronary heart disease. However, more recent research disputes this claim. It is now more accepted that moderate wine use may be just one indicator of a healthy lifestyle such as good diet, regular physical activity, and psychosocial fitness that provide a framework for promoting longevity.

In fact, the American Heart Association tells non-drinkers not to start drinking (3). And recent guidance published in Canada is even more direct, declaring the only health benefit from alcohol is to avoid drinking altogether. The Canadian report acknowledges that consuming 2 drinks a week is not risky but states that 3-6 drinks weekly raises the cancer risk, and seven drinks a week begins to adversely impact the risk for stroke and even heart disease—a rejection of the argument that 1-2 drinks a day is good for the heart. The report also indicates that every drink beyond seven per week adds to the more immediate risks associated with alcohol misuse such as injuries, violence and the digestive diseases mentioned earlier (4).

So, what’s the takeaway? It’s best to stay clear of alcohol, but if you would like to partake in a little bevy, moderation is key. If you’re going to enjoy that lovely glass of Pinot Noir, be sure to balance it with a healthy lifestyle, one that includes a good diet and regular exercise.

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L5T2N5

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