Protecting clients’ retirement plans with critical illness insurance
Submitted by Krishan on August 24, 2021 - 11:12am
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|  | One of the most common objections clients raise when it comes to adding critical illness insurance to their financial plan is that those funds could be better used contributing to and growing their RRSPs and TFSAs. While we applaud the impulse to save, the continuing low interest rate environment suggests there is value in protecting the investments they’ve already made with the help of the Empire Life CI Protect® product portfolio. To help you communicate these benefits, the following downloadable pieces provide points of discussion, detailed examples and case studies to get the conversation started. | | |  Protecting your RRSP when Critical Illness strikes Focused on the repercussions to an RRSP caused by a critical illness diagnosis, treatment and recovery for an individual with coverage vs. one without. 
| | |  Protecting your retirement with CI Protect Impact analysis on a TFSA that illustrates how as much as 50% of potential value could be lost because of a critical illness. 
| | | Want to discuss strategies using critical illness insurance with a product expert? Please speak with your Empire Life Account Executive or contact the Sales Centre Team at salescentre@empire.ca or 1-866-894-6182 | | | FOR ADVISOR USE ONLY. NOT FOR DISTRIBUTION TO THE PUBLIC. The information in this document is for general information purposes only and is subject to change without prior notice. Empire Life assumes no responsibility for any reliance made on or any inaccuracy in the information contained in this document. Policies are issued by The Empire Life Insurance Company. | |
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