Insurance helps manage and mitigate various risks that can impact your financial well-being. It provides a safety net against unforeseen events such as illness, disability, or death.

We integrate insurance planning within our comprehensive financial planning offering as it is important as a protective measure against potential financial setbacks. Insurance planning can safeguard assets, ensure financial stability, and provide a sense of security, allowing you and your family to pursue your financial goals with reduced risk and uncertainty. We also offer insurance planning as a standalone offering so that you understand various insurance options that would align with your specific needs and goals.

Starting at $1,800, our insurance planning offering includes:

  • Net Worth Statement

    We will create a document that provides a snapshot of your financial situation at a specific point in time that also includes a summary of assets, liabilities, and overall net worth.

  • Review Current Insurance Policies

    We will review your current insurance policies to determine if your coverage remains appropriate, relevant, and aligned with your current situation and future aspirations.

  • Income Review

    We will evaluate your current income sources and determine the adequacy of the insurance coverage in relation to your income, lifestyle, and financial responsibilities in the event of unforeseen circumstances.

  • Family Tree Creation

    A family tree plays a crucial role in ensuring that insurance plans are aligned with your wishes, your family dynamics, and the efficient distribution of benefits. We will help to create a clear roadmap for how insurance benefits should be distributed.

  • Personal & Corporate Insurance Needs

    We will help to assess and identify both your personal and corporate insurance needs to help ensure your tailored insurance coverage protects both your personal assets and the various aspects of your business.

Our Approach

An effective insurance plan is an integral part of a well-rounded financial strategy. Our team follows a disciplined approach, laid out in more detail here.

At the end of the process, you will walk away with a written document of recommendations tailored to your specific needs and goals. Our aim is to provide you with peace of mind, knowing that you have a safety net to navigate life’s uncertainties and the ability to maintain your financial well-being.

Time Commitment

Alitis will be your partner and guide through the process, however your engagement is the key factor in your plans’ success.

As each insurance plan is completely customized, the amount of time it takes from the initial meeting to the recommendations stage will vary depending on a few factors:

  • The speed at which you can provide your personal financial information
  • The availability for meetings for both parties
  • The complexity of your situation

Generally, there will be 2-3 meetings from introduction to final recommendations. Meetings are generally 0.5 to 1 hour each in duration. You will need to provide detailed records and statements of your personal & financial information.

Insurance Company Relationships

Alitis Wealth Planning advisors can offer a full range of insurance products and services offered by the following companies:

  • Beneva
  • BMO Insurance
  • Canada Life
  • Canada Protection Plan
  • Custom Care
  • Desjardins Financial
  • Empire Life
  • Equitable Life of Canada
  • Foresters
  • Industrial Alliance
  • Humania Assurance
  • Ivari
  • Manulife
  • RBC Insurance
  • Sunlife Financial

Group Benefits

Group benefits offer a robust safety net for both employees and employers, fostering a sense of security and well-being within the workforce. We’ve partnered with Naviguide Insurance & Benefits for all your group benefits needs.

Get Started with Insurance Planning Today:

Don’t leave your financial future to chance. Take the first step towards comprehensive wealth management by contacting us. Our team is ready to help you safeguard your wealth, protect your loved ones, and achieve your long-term financial goals through strategic insurance planning.

At Alitis Wealth Planning, we are dedicated to helping Canadians secure their financial future. Start your journey to financial peace of mind today.