Insurance Planning*
Insurance is a very important and often overlooked part of your overall financial plan. We are independent insurance specialists, and are ready to meet with you to discuss your insurance needs.
Life Insurance
Life insurance is designed to protect the financial stability of your loved ones by giving them a tax-free payment in the event of your death. Insurance coverage is customizable based you on your individual needs and circumstances. At Hollis Insurance Agency we offer a full range of life insurance solutions through our network of insurance partners, including term life, whole life, and universal life insurance policies.
Critical Illness Insurance
Critical illness insurance pays a tax-free, lump-sum benefit to insured individuals who suffer from a critical illness such as cancer, stoke, and heart disease. The policy-owner is free to spend the money as they see fit.
Disability Insurance (DI)
Disability Insurance, provides monthly income if you are unable to work due to serious injury or illness. This is especially important for self-employed individuals who may not be covered under a corporate group plan. Payments are usually tax-free, and can be paid up to age 65.
Long-Term Care
Long-term care (LTC) insurance provides an income benefit if you become unable to care for yourself due to illness, accident, or mental deterioration. The money is for you and your family to use as you wish
Health Care
Individual health plans are available for employees not covered under a company health plan or to self-employed business owners. Coverage is customizable based on your needs, and can include coverage for drugs, vision care, and dental.
Segregated Funds
A segregated fund or 'seg fund' is a type of investment fund administered by Canadian insurance companies offering certain guarantees to the policyholder such as reimbursement of capital upon death. Additionally, seg funds can offer probate bypass and in some cases, creditor protection.
