Insurance
Life, critical illness, disability, health and travel cover, explained side by side so the differences are easy to see.
Financial planning in Canada, one life stage at a time.
Plain-language answers about insurance, saving, retirement and passing things on, for Canadians at every stage of life and every income. Find where you are, see the questions that come with it, and talk to an advisor when you’re ready.
Education for Canadians everywhere. Insurance for clients in Ontario and British Columbia.
Advisors you can talk to
Where are you right now? Pick a stage.
Starting out
A first job brings a first paycheque, workplace benefits and decisions about where savings go. These are the questions that tend to come up.
What is a TFSA, and how is it different from an RRSP?Read: Tax-free savings account (TFSA)
What does my workplace health plan cover, and what is left out?Read: Health, dental and vision
If I could not work for a few months, what would pay the bills?Read: Disability insurance
Do I need travel medical coverage when I leave my province?Read: Travel insurance
Starting a family
A partner, a child or a parent who depends on you changes what a sudden loss of income would mean. It also opens the door to education savings.
How is a life insurance amount worked out for a family?Read: How much life insurance do I need?
Term or permanent life insurance: what is the difference?Read: Life insurance
What is an RESP, and how do government grants work?Read: RESP
What would happen if a parent had a serious illness?Read: Critical illness insurance
Why do parents name a guardian in a will?Read: Estate planning
Buying a home
A mortgage is often the largest debt a household carries. The questions here are about the down payment and about who keeps paying if something goes wrong.
Mortgage life insurance or personal term insurance: how do they compare?Read: Mortgage life insurance
Can RRSP savings go toward a first home?Read: RRSP
Who keeps paying the mortgage if I cannot work?Read: Disability insurance
Where does a TFSA fit while saving for a home?Read: Tax-free savings account (TFSA)
Building a business
Working for yourself means no employer plan to fall back on, and a business that may depend on one or two people.
What happens to the business if a partner dies or falls ill?Read: Business solutions
What is key person insurance?Read: Business solutions
How does disability coverage work when you are self-employed?Read: Disability insurance
What are the options for health and dental for a small team?Read: Health, dental and vision
Approaching retirement
Work income is about to change into savings, pensions and government benefits. The questions here are about where monthly income could come from.
Passing it on
What you own, and who it goes to, is decided by documents and by named beneficiaries. The questions here are about getting those pieces in order.
Six areas of one plan.
Most money questions touch more than one area. We look at them together, then explain each part in plain language.
Savings and investing
How TFSAs, RRSPs and RESPs work, and how money can be set aside for different goals.
Retirement
How workplace pensions, CPP, OAS and your own savings can turn into a monthly income later.
Run a business? See business solutions.
The speed of an app. The judgment of people you can call.
Most options give you one or the other. We built AplusWealth to give you both.
A first picture in minutes
Answer a few questions in the GetCovered app and see sample prices from several insurers.
Advisors on every file
Two advisors licensed for life and health insurance in Ontario and British Columbia work on your file together. Financial planning is done by our CERTIFIED FINANCIAL PLANNER® professional.
Six areas, one plan
A tax move is checked against your retirement, and an insurance policy against your budget.
| Feature | AplusWealth |
|---|---|
| Who works your file | Both licensed advisors; financial planning done by our CFP® professional |
| Credentials on the file | Two LLQP-licensed advisors, one also a CFP® professional |
| Planning scope | Six areas; financial planning done by our CFP® professional |
| Tools you can use yourself | GetCovered app, plus access to professional planning software after the planning work |
| Time to a first picture | Minutes in the app; an advisor within one business day |
More on how we work is on Why AplusWealth.
Planning help shouldn’t depend on how much you have.
Access is the same for everyone. Only the complexity changes.
For a long time, full financial planning has often been offered mainly to families with significant assets. They have the means to pay for it, so the service follows them.
Many middle-income households, and families just getting started, end up looking at one product at a time, or with no plan at all.
We think access should be the same for everyone. What changes from one household to the next is how complex the plan needs to be. A family with a large estate, a business and property needs more moving parts. A young family needs a clear first plan. Both deserve a real one.
That’s why we built the GetCovered app: tools that give anyone a clear first picture, with an advisor one step away.
Building a financial life in a new country.
Canada is a country of immigrants, and many of the people we work with arrived from somewhere else. Moving here means learning a new system all at once: TFSAs and RRSPs, CPP and OAS, provincial health coverage, credit history, and how insurance works here.
Our mission is to help newcomers build a strong financial footing in Canada, one step at a time, by doing the basics right. Canada is a land of opportunity, and good planning helps you make the most of it.
This website has Farsi guides too.
by AplusWealth
Planning tools in your pocket.
GetCovered asks a few plain questions, then shows sample life, critical illness and disability insurance prices, and you can ask for a call with a person. It’s built for learning first.
- Sample insurance pricesLife, critical illness and disability, in about two minutes.
- Try different amounts and termsSee sample prices from several insurers side by side.
- A person when you want oneBook a call with an advisor. If your question is about planning, you can ask to speak with our CERTIFIED FINANCIAL PLANNER® professional.
Sample figures are estimates for learning, not quotes or advice.
Short videos, plain answers.
Short explainers from our advisors, in English.
Three standards we hold ourselves to, in writing.
Money questions are personal. Before you read further, here is how this firm works.
Education first
This website and our app explain how insurance, savings accounts and retirement income work in Canada. It is education only, not advice.
Plain language
We write the way we speak: short sentences, terms explained the first time they appear, and Canadian sources such as the CRA and FP Canada.
Real people to talk to
Behind the website and the app are our advisors, one of them a CERTIFIED FINANCIAL PLANNER® professional. You can call, write or book a time.
Ontario and British Columbia
Get connected with us so we can help you.
An advisor will contact you within one business day of your request.
