Personal Insurance
Our team offers a comprehensive range of individual insurance products. An advisor will guide you on the best products available in the Canadian market based on your personal needs and your family, economic and tax situation.
Ensure a worry-free future with AHC Prestige Wealth Management Inc.
- Personal debt
- Funeral expenses
- Taxes
- An emergency fund for unforeseen expenses
- An education fund for your children
- Replacement of future income
A comprehensive range of personal insurance options
Life Insurance
Life insurance is a financial product that guarantees the payment of a specified amount to a designated beneficiary upon the insured’s death in exchange for regularly paid premiums or a lump sum payment.
Term Life Insurance
Term life insurance, also known as temporary life insurance, offers coverage for a defined period, often 5, 10, 20 or 30 years. If the insured dies during the coverage period, the beneficiary receives a death benefit payment.
This type of insurance is often used to cover temporary needs such as mortgage loans or education expenses.
Permanent Life Insurance
Permanent life insurance provides coverage for life, as long as premiums are paid on a regular basis.
It is divided into two main subcategories:
Whole Life Insurance
Whole life insurance provides permanent coverage with fixed premiums and cash values. It also accumulates a cash value over time, which can be used to borrow against the policy or to increase the death benefit payments.
Universal Life Insurance
Universal life insurance offers greater flexibility than whole life insurance, allowing policyholders to adjust the amount of premiums and death benefits, subject to certain restrictions. It also allows for cash value accumulation, but with an adjustable premium structure
Health Insurance
Critical Illness Insurance
Critical illness insurance, also known as coverage for critical illness or serious illness insurance, is designed to provide a lump-sum benefit upon the diagnosis of a specific covered serious illness. These illnesses may include conditions such as heart attacks, strokes, cancer, or other serious illnesses previously defined in the policy.
The benefit is usually paid as a lump sum and can be used to cover medical expenses, care or other illness-related financial obligations.
Disability Insurance
Disability insurance, sometimes called income replacement insurance, provides financial protection in the event of a disability that prevents an individual from working and earning an income. In the event of disability covered by the policy, the insurer provides periodic or lump-sum payments to the insured to compensate for the loss of income due to the inability to work.
These payments can help cover day-to-day expenses such as rent, mortgage, bills or medical care.
Long-Term Care Insurance
Long-term care insurance is designed to cover the costs associated with the medical care and support services needed due to loss of independence from aging, chronic illness or disability. This insurance can help cover the cost of care at home, in long-term care facilities or specialized institutions.
Policies can vary in terms of the types of care covered, benefit amounts and coverage periods.
Seize control of your future today!
Our firm is committed to helping you protect what you hold most dear. Our insurance experts are there to provide you with personalized solutions tailored to your individual needs.
Book an appointment now for a consultation with one of our advisors. Together, we will establish a clear and effective strategy to ensure your peace of mind, protect your health and secure your family’s future.