Doell Financial
222 Taylor Street East S7H 1V1 Saskatoon, SK, Canada

Happy Canada Day to you and yours! Our encouragement to you today is to get out and enjoy the sun, get active and be intentional with those around you!

Our last desire in posting this article is to come across as tone-deaf to the greater ordeals humanity is currently facing, but if this article alleviates even a little bit of stress for those who were wondering the same thing as some of our clients we have talked to in the past couple of days have, we will have done our jobs. http://doellfinancial.com//Covid-19-and-Life-Insurance-Are

The markets are feeling the effects of the Coronavirus and the uncertainties accompanying it. In these unstable markets, this Segregated Fund product is a good fit to safeguard your RRSP's, RRIF's, and LIRA's; accounts that you have worked hard to build up over the course of your lifetime.

A common misconception is that only multimillionaires benefit from the services of a financial planner, but the truth is many people will find value in the advice of a financial expert. There is no changing the future, without disturbing the present -Katherine Booth

It's becoming more and more known that the Mortgage Insurance provided through your bank is not ideal... Why? 1) You pay the same premium for a declining benefit (w/ individual life insurance you pay the same premium for a level benefit) ... 2) Underwriting (medical history) isn't looked at until time of death at the bank so they can deny your claim even though you've been paying premiums the entire duration of your amortization period. (w/ individual life insurance, underwriting is done BEFORE you are approved for coverage so there are no surprises at the time of claim) 3) Mortgage insurance is oftentimes more expensive than individual life insurance. 4) With Mortgage insurance through your bank, the beneficiary is the bank. You don't get a choice in the matter. (w/ individual life insurance, YOU have the freedom of choosing WHO you want to designate as your beneficiary) We place a high value on relationships in our advisor-client business but we also realize that people don't always have the time to meet with us face-to-face to discuss their options. Our new tool helps you run your own quote quick and easily so you can compare what you are paying right now to what you could be paying instead. Try it out! Click the link below! #ThursdayThinkTank

Not sure where your money is really invested at the bank? Has your portfolio taken a hit? Consider Segregated Funds.