Insurance is a critical part of the financial planning process. At first, it can seem like a daunting task, but our team at APEX is here to help you make sure that you have the coverage you require to help you and your family minimize the risks of every day life.

In today’s world, sudden changes can occur at any time that result in immediate loss of income and/or an unexpected need for money. We are here to help maximize the financial benefits for you so that money is there when you need it most, while working within your budget. Here are a few questions to ask yourself when it comes to life and health insurance, and how we can help you…

How much financial risk and stress is my family currently exposed to in the event of serious illness or death?
Is my current insurance portfolio balanced so that I have the right amount of coverage in the right areas?
Do I have an insurance advisor that I can trust, knows their stuff and will always act with my best interests in mind?

Whatever your answers are, we can help. We will use our expertise in the insurance world to help you minimize financial risk, and therefore stress, for your family in the event of a serious illness or death. We can help you prioritize what your actual needs are and make sure that your insurance portfolio is evenly balanced in a way that works best for you. With more than 40 years of combined experience and a reputation for honesty, integrity and personal service, the team with APEX Financial Management will prove again and again that they are the trusted, professional insurance advisors to put your mind at ease.

Types of Insurance Offered

Life Insurance

Life insurance is a cost-effective planning solution that pays a guaranteed sum of money (tax-free!) to a named beneficiary, at a time when the money is needed the most. There are all kinds of solutions that our team can help you work through, wherever you are in life. Here are a few of the most common types…

Solutions For Young Families

These solutions can provide tax-free money in the event of the death of one or both spouses. The money can pay off a mortgage, eliminate debts, and create an immediate education fund to ensure that your children will still have access to everything they need.

Solutions for Retirees and Seniors

There are some great benefits to these solutions. Immediate tax-free money can be provided to offset a reduction in pension income, to pay capital gains and income tax, to create a legacy for children and grandchildren, and to create a significant tax-deductible charitable donation.

Solutions for the Business Owner

Tax free money can be provided to fund a business buyout on the death of a partner or shareholder, or tax free money to replace the loss of a key employee.

How the APEX Team Can Help

Our experienced team will explain the many life insurance products that are on the market, and make recommendations as to which might be best for your specific situation. We will help you prioritize and customize your life insurance needs to help you reduce costs as much as possible. Contact us today for all the information you need to make the right decision for you and your family.

Disability Insurance

Disability insurance is a cost-effective planning solution that protects individuals on a 24/7 basis. The goal of disability insurance is to ensure there is money for either income or office overhead expenses during an unexpected period of prolonged disability as a result of serious illness or accident.

You may think you don’t need disability insurance, but make sure you think about these questions before you make that decision…

Are you willing to take the risk of going without any employment income?
If you are self-employed, how can you protect your office overhead expenses if you suffer a long-term disability?
Is the coverage that your employer provides enough for your needs or do you want to top it up?

How the APEX Team Can Help

We will help you create a plan that is customized specifically for your needs. We will help you go through the many scenarios and help you make an educated, informed decision about disability insurance. Contact us today for full details.

Critical Illness Insurance

Did you know that one in three Canadians is diagnosed with a critical illness before the age of 75? Did you know that if you are 45 years old and had to withdraw $50,000 from your retirement savings that you could lose $200,000-$300,000 of potential earnings?

These may sound like scary, worst-case scenario facts, but knowing this information, isn’t it best to consider critical illness insurance as part of your overall financial plan? Dealing with a serious illness is definitely stressful enough – don’t add financial stress on top of that. Chances are that you’ll recover from a critical illness, but let the APEX team help you find a solution that ensures your family is protected should this happen to you.

Long-Term Care Insurance

Think of long-term care insurance as a wealth preservation planning solution that is used in the event you become functionally dependent. What this means is that you lose the ability to perform two or more of the six activities of daily living: bathing, eating, dressing, using the toilet, transferring, and maintaining continence.

APEX offers LivingCare Long Term Care Insurance from Manulife Financial, which pays a monthly benefit to you while you are living. This benefit does not depend on the actual cost of care, and no reporting of expenses is required – it’s all pre-determined at the time of application. Let the APEX team show you how this type of insurance can work for you.

Health & Dental Insurance

At APEX Financial Management, we offer two plans through Manulife Financial, FlexCare, and FollowMe Health Plan.

FlexCare is designed for individuals and families who are not protected through their employer’s group benefits plan or association plan. This plan offers competitive rates, a flexible benefit plan design, and high levels of coverage compared to other plans on the market.

FollowMe Health Plan is designed for individuals leaving their company’s group benefits plan and due to pre-existing medical conditions may not qualify for benefits under FlexCare or other plans. FollowMe features guaranteed issue Health and Dental benefits with no exclusions or additional ratings providing an application is submitted within 60 days of leaving your employer’s or association’s health plan.

Contact the APEX team for full details on these two options.

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