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Insurance plays a critical role in a comprehensive financial plan, providing protection against unexpected events and financial hardships. At DO Wealth, we offer a range of insurance products, including life, critical illness, long-term care, disability, health, and travel insurance, to help our clients secure their financial future.
Life
Life insurance is a fundamental product that provides financial protection to your family in the event of your untimely death. It can help cover funeral expenses, pay off debts, and provide ongoing support to your loved ones. Unfortunately, many Canadians are underinsured or uninsured, with only 48% of Canadians have life insurance, with 80% believing life insurance costs are too high. At DO Wealth, we are here to help you assess your life insurance needs regularly and determine the appropriate amount of coverage based on your unique circumstances.
Critical Illness
Critical illness insurance is designed to provide financial support if you are diagnosed with a severe illness, such as cancer or a heart attack. This type of insurance can help cover medical expenses, lost income, and other expenses that may arise during your recovery period. With critical illness insurance, you can focus on your recovery without worrying about the financial burden that comes with a serious illness. In Canada, 2 in 5 Canadians are expected to develop cancer in their lifetime, bringing a risk of financial uncertainty to any household. At DO Wealth, we want to ensure you select the appropriate critical illness insurance product to meet your needs.
Long-Term Care
Long-term care insurance is an essential product for those who may require extended care due to an illness, injury, or disability. It can help cover the cost of nursing home care, home healthcare, and other long-term care services that may not be covered by your health insurance. Long-term care can be expensive, and without insurance coverage, it can quickly deplete your savings. According to the Canada Mortgage and Housing Corporation’s Senior Housing Report (last done in 2021), the average cost of renting a seniors' housing space in Saskatchewan is $3,354 per month.
We are here to help you make the right decision for the right long-term care insurance product to protect your financial well-being.
Disability
Disability insurance is designed to provide financial protection if you become unable to work due to an illness or injury. It can help replace a portion of your income, so you can continue to pay your bills and maintain your lifestyle while you focus on your recovery. 1 in 3 working Canadians will experience a period of disability lasting longer than 90 days during their working years. At DO Wealth, we can want to help you determine the appropriate disability insurance coverage that suits your unique circumstances.
Health
Health insurance is a product that provides peace of mind when it comes to managing medical expenses. Purchasing additional insurance offers you access to more comprehensive coverage, and ultimately, peace of mind knowing they are fully protected in the event of an extended hospital stay or life-threatening illness.
At DO Wealth, we understand that your health insurance needs can change over time. That's why our team of experienced professionals is here to help you regularly review your health insurance coverage and ensure that it meets your current needs and provides adequate protection.
Travel
Travel insurance is also essential for Canadians who travel frequently, whether for business or pleasure. It can help cover the cost of medical emergencies, trip cancellations, lost luggage, and other unexpected events that may occur during your trip. Without travel insurance, you may face significant financial losses due to unforeseen events. We are here to help you select the appropriate travel insurance product to protect your financial well-being during your travels.
Here for YOU
At DO Wealth, we focus on financial planning and work closely with our clients to assess their needs for both investments and insurance. We understand that every client's situation is unique, and our team takes a personalized approach to help our clients select the right insurance products to fit their individual circumstances and goals.
Insurance is a crucial component of any comprehensive financial plan, providing protection against unexpected events and financial hardships. Contact us today to learn more about our insurance products and how we can help you secure your financial future.
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