Saving for Retirement

We can show you a variety of savings vehicles with competitive rates. We can help you evaluate if you are saving enough to meet your retirement goals.

Segregated Funds

Segregated funds are similar to mutual funds, but are sold only by life insurance companies. You have many of the same choices, including: Money Market Funds, Bond funds, Equity funds, and Balanced funds. Segregated funds can be good for some long-term investors who want to invest in equity mutual funds but don’t like the risk of other types of funds. Unlike a mutual fund, a segregated fund has a maturity date, such as 10 years. If you hold the fund to that date, you are guaranteed to receive a specified amount of your money back. Segregated funds pay a guaranteed amount to your beneficiary if you die. Your beneficiary gets this amount even if the value of the investments in your segregated fund is less.

Life Insurance

We have access to Canada’s top insurance companies, offering you the best solutions for your insurance needs. Security, savings, tax-sheltering, protection for loved ones: life insurance isn’t just about a death benefit anymore. Learn about what life insurance can do for you, your family, and your financial future.

Universal life insurance

This is the most flexible life insurance available today. You can customize your plan when you buy it, or easily make changes later. Universal life offers you the opportunity for tax-advantaged investing. This gives you the chance to increase your wealth by investing within your policy.

Permanent life insurance

Permanent life insurance provides lifetime protection for a fixed cost. Depending on the plan you buy, permanent life insurance spreads the cost of your coverage over the lifetime of the policy or over a specified period of time.

Term insurance

Term insurance is a lower-cost option, and still gives you assurance that your beneficiaries will be protected.

Critical Illness Insurance

30% of Canadians will develop some form of life-threatening cancer. If you have never considered critical illness insurance, you may want to review these plans. This insurance provides a lump-sum benefit in the event you are diagnosed with a serious illness, or in some cases require surgery. 

Disability Insurance

Disability insurance plans are designed to help meet your income requirements and pay bills, should you become disabled and unable to work.

Long Term Care Insurance

Long term care costs can be high and can threaten the financial security you’ve achieved. Long term care insurance can protect you if you require extended nursing home care or at home care. Long term care insurance may also provide tax-free benefits, depending on your plan.

Group Benefits

We can show you some employer-sponsored packages that may include dental and medical benefits. Call for a competitive quote on a new or existing group plan.

Health & Dental Insurance

Plans are available for individuals and small businesses that do not qualify for group insurance.

Mortgage Insurance

Ask us about a practical and affordable alternative to your bank’s mortgage insurance plans.

Travel Insurance

Travel insurance plans cover emergency medical and health expenses when traveling, and may also provide vacation cancellation and lost baggage insurance, depending on the plan and provider.

For a quote, question, or concern call:

(416) 623-6916

GN Financial Group
Serving Toronto, Brampton, Mississauga and surrounding cities.