The SAFETY System is about creating, managing, and preserving wealth.  Risk management through insurance is essential in this process. 

"Why do I need insurance?" you may ask. Good question.

You can easily answer this question yourself.  Just think about situations that may affect you.  For example:

· If you are in a personal partnership (usually marriage), how much do you contribute to the family budget? If you were to die prematurely, suffer a disability, or critical illness then how would your survivor(s) get by, especially dependent children?

· Does anyone else depend on you financially, such as a parent, grandparent, brother or sister?    How would they be taken care of upon your death, disability, or critical illness?

· If you are a single parent, what level of support payments are you making or getting? How would these be kept up in the event of the contributor’s death, disability, or critical illness?

· If you have a mortgage on your home, do you want it paid off in the event of your death, disability, or critical illness?

· If you have children, do you want to put aside money to complete their education in the event of your death, disability, or critical illness?

· Are there any other family members or  charitable organizations to whom you would like to leave money?

· How does your business or farm succession plans factor in death, disability, or critical illness?  How would these affecting funding?

· How do you pay the taxes incurred when capital property (e.g. retirement savings, cottage etc.) is transferred from one generation to the next?

Insurance gives you peace of mind.  It provides solutions to personal financial management questions.  The SAFETY System is an integrated program designed to address your worries.  Insurance is one of the vital tools used in the SAFETY System.

Safewealth.ca

Disclosure / Disclaimer:

Mutual funds provided by Sterling Mutuals Inc.. Commissions, trailing commissions,  management fees and expenses can all be associated with mutual fund investments.  Please read the simplified prospectus and fund facts document before investing.  Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.  Tax planning and preparation services, and insurance are provided by Zaid Mohammed and Sterling Mutuals inc. does not provide these services.   Insurance products available through multiple carriers.  Sterling Mutuals Inc. is not liable for any errors or omission relating to any referral arrangement services, insurance or tax planning, and does not monitor or supervise any of these activities.