AP Financial Insurance Inc - products

By: Ap Financial Insurance  09-12-2011
Keywords: Insurance, Life Insurance


Our holistic approach to wealth planning is based on a full understanding of our client's total financial situation to ensure their needs, goals and aspirations will be met with the most comprehensive and innovative solutions. We utilize “best-in-class” insurance and investment products from a diverse range of offerings, from across the globe.

Term life insurance provides protection for a limited period of time and pays benefitse only if you die during the specified term. Term life is easy and affordable. You simply have to choose how much insurance you need (face amount), what type of premium you would like to pay (level or increase), and how long you need it for (term), then buy a policy that matches your needs. Payout is made if the policy holder dies during the specified term.

Whole life is a type of permanent life insurance. Its advantages include guaranteed death benefits, guaranteed cash values, fixed and guaranteed premiums. Whole life insurance is the best solution for consumers looking for insurance with a tax-deferred investment without the need to manage it. If you are looking for life insurance built on a foundation of stable investment returns from year-to-year, whole life insurance may be the right product for you.

Universal life is an all-in-one product that combines life insurance with a tax-deferred investment account. Its advantages include greater premium flexibility, potential for higher internal rate of return, cash value is considered more attainable since the owner can discontinue premiums if the cash value allows it, and there is more flexibility for the death benefit payout.

Premiums for limited-pay life insurance policies are paid over a specified period after which, no additional premiums are due to keep the policy in force. Common limited-pay periods are 10-year, 20-year, and paid-up at age 65.

Critical illness insurance provides tax-free money if you're diagnosed with and survive a critical illness (e.g. cancer, heart attack, stroke, blindness, Multiple Sclerosis, Parkinson's etc.). You are able to use this money for any purpose.

Disability insurance can provide you with financial security by replacing a portion of your earnings when an accident or illness causes you to become disabled and unable to work or earn an income. Disability strikes far more often than premature death. This type of insurance voers both temporary and long-term disability.

With long-term care, you can take control over the quality of your care and eliminate many out-of-pocket expenses. It also provides comprehensive coverage for nursing home care, should you need it. It provides a daily benefit when your doctor states that you are unable to perform at least two out of six daily living activities or if you have become cognitively impaired (by Alzheimer's, for example).

Mortgage Life Insurance provides you with peace of mind by helping to protect your family's home for the life of your mortgage. In the event of the owner's death, your outstanding mortgage would be reduced or paid off without burdening your family.

A Registered Education Savings Plan (RESP) is one of the easiest and best ways to fund the future ambitions of your child. It is designed to help you save money for the post-secondary education of a child or other beneficiary. The money is invested in professionally-managed portfolios whose asset mix evolves to reflect your time horizon. RESP contributions are not tax-deductible but they do allow savings to compound and grow tax-free until the child is ready for full-time college, university, or another post-secondary educational institution.

Travel insurance covers medical emergencies your provincial health insurance plan doesn't cover and may also cover trip interruption, trip cancellation, and baggage problems. There is insurance for Canadians travelling abroad, for visitors to Canada, for Canadian students studying abroad, and for foreign students studying in Canada.

A Tax-Free Savings Account (TFSA) is a flexible new method for saving money. Its main benefits are tax-free growth, tax-free withdrawals, the ability to put back any amounts you withdraw, and income splitting.

A Registered Retirement Savings Plan (RRSP) is a personal savings plan registered with the federal government allowing you to save for the future on a tax-sheltered basis. Your money is invested in a variety of investment products including RRSP savings deposits, T-bills, GIC's, mutual funds, bonds, and stocks. The contributions are tax-deductible.

Keywords: Insurance, Life Insurance

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AP Financial Insurance Inc - services

When it comes to helping our customers to attain the goal of financial security and independence to meet the rising expectations in a changing world, A.T. Financial Group offers sound advice in choosing appropriate insurance, savings, and retirement products. Our team of experienced and competent representatives is here to listen to you and provide professional consultation regardless of your financial status.