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Helping families to achieve financial freedom by choosing appropriate solution for the insurance and

11/18/2022

What does it cover
Covered Conditions : It can covers up-to 30 critical illnesses depend on the chosen plan and the company,
Optional Riders
Return of premium on Death : Under this benefit, company will return all the paid premium to the beneficiary if insured die due to any reason when the policy is in force.
Return of premium on Expiry :Under this benefit company will return all the premium paid during the lifetime of the policy.
Return of premium on Surrender :Under this benefit company will return the % of the premium paid { as mentioned in the policy } upon surrender of the policy.

Contact Us: 👇
Call Us:
647 287-8280
Email Us
[email protected]
Visit Our Website
www.financialnest.ca/insurance-services/

11/16/2022

Registered Retirement Saving Plan [RRSP]

A Registered Retirement Saving Plan or RRSP is a special type of investment account designed to help Canadians to save for retirement. The main advantage of RRSP account, in comparison to other investment accounts, is the tax benefit it provides.

Benefits :

You don’t have to pay tax on the money saved in RRSP account until you withdraw it.
Your spouse / common law partner can also contribute to your RRSP and reduce your combined tax burden.
You can use your money in RRSP towards Home Buyer Plan which allows you to pay back the money within 15 year period and without paying tax at time of withdrawal.
It is a big relief for higher income salaried employees in form of tax credit as it reduce the taxable income and generate tax benefit.
You also have the choice to convert your RRSP amount to get regular payments when you retire.

Contact Us: 👇
Call Us:
647 287-8280
Email Us
[email protected]
Visit Our Website
www.financialnest.ca/insurance-services/

11/14/2022

Mortgage Insurance

Mortgage insurance is an insurance which an individual buy when he took mortgage from the bank and he does not have sufficient insurance in place to cover his mortgage. The purpose of this insurance is to provide help in paying off the mortgage balance if an individual die or suffer from any serious illness or disability.

There are two ways to buy mortgage insurance and it is very important to understand the difference when making a choice.

Bank Mortgage Insurance
Insurance Company Mortgage Insurance

Contact Us: 👇
Call Us:
647 287-8280
Email Us
[email protected]
Visit Our Website
www.financialnest.ca/insurance-services/

11/11/2022

Life insurance
Purpose of life insurance is to protect yourself and people you love in case of any unexpected personal & financial loss. There are different kinds of life insurance products in the market which are important to understand before making a final decision. These products are explained as below :

Term Life Insurance
Universal Life Insurance
Whole Life Insurance

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www.financialnest.ca

11/09/2022

Disability insurance

It provide a person with monthly payment to replace his income when he can not work due to any injury or sickness. The purpose of this insurance is to keep maintaining an individual ability to pay off his bills and look after the basic financial necessities of life.

Who should consider it?
Self employed and small business owners should always put it on priority list as they don’t have sufficient govt benefits to protect them if they got involved in any accident at the workplace.
Employees working for a company without any medical benefits at the workplace.
Workers in a physical demanding or hazardous jobs without adequate coverage.

Important things to consider when buying insurance
Waiting period : It range from 0 to 120 days
Benefit period : It range from 2 years to Age 70
Benefit Amount : It is based on the annual earned income of the individual.
Exclusions : It is very important to understand what is not covered under the insurance plan. A professional advisor can help you to understand this in detail.

Contact Us 👇
www.financialnest.ca

11/07/2022

Visitor Medical Insurance

This plan help to protect visitors to Canada from unexpected expenses arise from sudden accident or sickness. It is important to know that there is no free medical service for tourists and visitors. Therefore without proper insurance in place. medical expenses can be very financially taxing on an individual.

Contact Us 👇
www.financialnest.ca

11/04/2022

Super Visa Insurance

Anyone applying for Canadian Super Visa will have to show that they have purchased private medical insurance that meets the requirements for Super Visa category.
CIC has mentioned the requirements in regards to the medical insurance for Super Visa category. Applicants are required to submit proof of medical insurance policy with following features :

Minimum coverage should be $100,000.
Policy should be valid for at least 1 year from the date of landing to Canada.
Must be issued from a Canadian Insurance Company.
It should cover health care, repatriation and hospitalization.
Guaranteed 100 % Return of Premium, if visa denied.

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www.financialnest.ca

11/02/2022

Life Insurance with Financial Nest

Get life insurance and cover liabilities
For Less than $1 a Day
For no obligation
professional advice ..

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www.financialnest.ca

10/31/2022

"Hope Halloween brings out your goofy side and you enjoy your day with endless dance and music. Happy Halloween."

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www.financialnest.ca

10/24/2022

To spread festive cheer, here are some wishes, images, greetings, and messages to send out to them on Facebook, WhatsApp, and other social media platforms.

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www.financialnest.ca

10/21/2022

Registered Education Savings Plan ( RESP)
“Save for Child Education”

Highlight points:
1. Govt Grant of Upto $7,200
2. Canada Learning Bond
3. Upto 15% extra bonus on deposits
4. Tax Free Growth
5. Insurance Option

Contact Us 👇
www.financialnest.ca

10/20/2022

International Student Insurance with Financial Nest

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www.financialnest.ca

Address

7956 Torbram Road Brampton
Ont
L6T5A2

Telephone

+16472878280

Website

http://financialnest.ca/

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