Episode 75: Protect Your Financial Future

Enjoying time with family and friends, pursuing your passion, or building a career? The possibilities are endless. But, there are risks that you may not be able to avoid. Risks that can be devastating to your family, your future and your dreams, if you are not prepared.

The right choices for your changing life.;We all face risks throughout life. As time goes by and circumstances change, the risks change too.

Insurance protection can help you manage many of the risks such as:

• Defaulting on your mortgage because you are unable to work.
• Not being able to pay bills or support your family because of illness.
• Having the money in your estate whittled away by taxes.
• A major disruption to your family's day-to-day life because of financial hardship.

Starting out, insurance is often a basic solution designed for paying off a debt or mortgage, funding an education plan or replacing lost family income.

As time goes by and life becomes more complex, insurance coverage needs to consider protecting family savings, funding a tax liability to the estate and maximizing the after-tax legacy to your beneficiaries. As maturity brings a broader perspective into focus, things we never considered before become top of mind like preserving estate values and having the resources to deal with medical and physical needs should our health suffer.

Tune into today's episode to learn about your life insurance options.

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Regan Schiller holds his Certified Financial Planner, Registered Retirement Consultant and Certified Life Underwriter designations. He is an Executive Financial Consultant licensed under Investors Group Securities Inc.Mutual funds and investment products and services are offered through Investors Group Financial Services Inc. (in Québec, a Financial Services firm). Additional investment products and brokerage services are offered through Investors Group Securities Inc. (in Québec, a firm in Financial Planning). Investors Group Securities Inc. is a member of the Canadian Investor Protection Fund. Commissions, fees and expenses may be associated with mutual fund investments. Read the prospectus before investing. Mutual funds are not guaranteed, values change frequently, and past performance may not be repeated.

LIRA regulations vary provincially. For more information on LIRA in your area, please refer to your provincial government's website. Additional information on the Canada Pension Plan and Old Age Security can be found at:

www.canada.ca/en/services/benefits/publicpensions.html. 1 CIA 86-92 Aggregate Table & 1985 Commissioner's Disability Table A (Experience Table) 2 U.S. Housing and Home Finance Agency. 3 National Cancer Institute of Canada: Canadian Cancer Statistics 2004 4 Heart and Stroke Foundation, 2004. 5 To be eligible to receive coverage, you must first meet the criteria as set out by the specific policy. 6 CIA 86-92 Aggregate table & 1985 Commissioner's Disability Table A (experience table) 7 US Housing and Home Finance Agency 8 Investors Group Survey, 2015 Insurance products and services distributed through I.G. Insurance Services Inc. (in Québec, a Financial Services Firm). Insurance license sponsored by The Canada Life Assurance Company (outside of Québec). Trademarks, including IG Wealth Management and IG Private Wealth Management, are owned by IGM Financial Inc. and licensed to subsidiary. Written and published by IG Wealth Management as a general source of information only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an IG Wealth Management Consultant.

Music courtesy of LesFM: https://lesfm.net.