It's cheaper to buy ten years early than one minute too late.

OUR PRODUCTS

We have years of insurance experience helping clients prepare for the unknown. Ask us about LIFE INSURANCES -Whole Life Insurances, Critical Illness Insurance, Term 10 to 100 Insurance, Disability Insurnace, Medical Insurance, Visitor Visa Insurance and Super Visa Insurance or more! We can access any insurance product so

you can get the right one for you.

Investments in RESP, RRSP, FHSA & TFSA.

For Mortgage product reach out @ https://www.mortgagealliance.com/vickbabbar

Life Insurance & Mortgage Services

INVESTMENT

When you use the money you have to purchase assets that have the ability to increase in value you are investing. Over time you will accumulate these assets such as mutual funds, bonds, or stocks and you will see that your financial security and net worth will have grown during this period. When investing you would want to focus on preserving your principal, generating income, and making your investments grow. we place emphasis on each of these goals to help you and your investments reach their full potential.

REGISTERED EDUCATION SAVINGS PLAN (RESP)

The government may add to your RESP contributions (up to a maximum of $500.00 per year, per child) with the Canada Education Savings Grant (CESG). The CESG is payable until the end of the calendar year in which a child turns 17, and the maximum lifetime CESG payment is $7,200.00
Although contributions are not tax-deductible, all investment income generated in the RESP is tax-sheltered as long as it remains in the plan.

OUR TRUSTED FINANCIAL PARTNERS

We are developing an extensive and trustworthy network of partners, including most major life insurance and segregated

fund companies in Canada, in order to meet our clients’ insurance and investment needs.

REGISTERED RETIREMENT SAVINGS PLAN (RRSP)

An account that is used for investment assets and holding savings RRSP’s have many kinds of advantages when it comes to taxes. As long as they fall within the guidelines of the Canadian Income Tax Act. Mutual funds, income trusts, mortgage loans, bonds, and savings accounts are all approved assets. RRSP rules will determine the max contributions, allowable assets, and the converting of the account to a Registered Retirement Income Fund (RRIF) at age seventy one.

TAX FREE SAVINGS ACCOUNT (TFSA)

A TFSA is an account that provides tax benefits for saving. Investment income, including capital gains and dividends, earning in a TFSA is not taxed in most cases, even when withdrawn. TFSA with substantial gain could be taxed. Contributions to a TFSA are not deductible for income tax purposes, unlike contributions to a Registered Retirement Savings Plan (RRSP). A TFSA may contain cash and/or other investments such as mutual funds, certain stocks, bonds or guaranteed investment certificates (GICs).

FIRST HOME SAVINGS ACCOUNT (Fhsa)

A first home savings account (FHSA) is a registered plan allowing you, as a prospective first-time home buyer, to save for your first home tax-free (up to certain limits).

Annual contributions are capped at $8,000 up to a $40,000 lifetime contribution limit.
A maximum of $8,000 unused contribution room can carry forward to the following year.
The account can stay open for a maximum 15 years or until the end of the year you turn 71
Funds in the account grow tax-free, which could mean more money for a qualifying home purchase.

Assessing Need

Many financial experts will tell you some unforeseen events and a lack of the right kind of insurance can spell trouble quickly. Call us today, and we'll analyze your insurance needs and get you covered quickly at the right price.

Building Relationships

Everyone has different insurance needs. Call us today for a personalized business or individual assessment and find out how we can help protect your hard-won assets.

Frequently Asked Questions Life Insurance & Mortgage Services

Please contact us if you cannot find an answer to your question.

What is a deductible?

A deductible is an amount that you're responsible for in the event of a loss. This is the amount you pay out-of-pocket, and insurance covers the remainder.

How can I make sure that I have coverage for my valuables?

When speaking with your agent to set up your policy, any valuables you are concerned about and our agent can review your policy and recommend changes to ensure your valuables have proper coverage.

Do I need to get a new appraisal to renew or change my coverage?

No. You do not need a new home appraisal during the renewal or coverage change process.