Insurance & Specialized products

managing risk now, not tomorrow

Life & Living Benefits

NOW is the time to protect yourself and your family. Not tomorrow. Not next week or next month. Risk exists and until you insure against it, risk remains. At NOW, we have relationships with a wide variety of reputable insurance carriers in Canada through our partnership with HUB Financial.

Segregated Funds / Guaranteed Income Funds (GIF)

What is a Segregated Fund? A segregated fund is a type of investment vehicle commonly used by Canadian insurance companies to manage individual, variable annuity insurance products. A segregated fund offers investment capital appreciation and life insurance benefits.

Investors can expect to pay a slightly higher total expense ratio on segregated funds due to their more complex structure. Additionally, these fund offerings typically do not have aggressive fund objectives. Therefore, returns from the funds tend to be more modest.

Annuities

What Is an Annuity? An annuity is a financial product that pays out a fixed stream of payments to an individual, and these financial products are primarily used as an income stream for retirees. Annuities are contracts issued and distributed (or sold) by financial institutions, which invest funds from individuals. They help individuals address the risk or outliving their savings. Upon annuitization, the holding institution will issue a stream of payments at a later point in time.

The period of time when an annuity is being funded and before payouts begin is referred to as the accumulation phase. Once payments commence, the contract is in the annuitization phase.

Personal & Commercial Insurance

Through HUB International, we are able to help our clients find insurance coverage for personal lines (auto & home) and commercial (business, liability, special, high risk). 

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