Grantham Plaza, Scott Street
St. Catharines, Ontario L2M 3W4
Phone(905) 934-0094 Fax (905) 934-8049


INCOME REPLACEMENT
Your income is important to you and your family. In the event of your death, income replacement insurance can provide immediate cash and subsequent income for your family. You can rest easy knowing that your family's needs are secure.

DISABILITY INSURANCE
If you were to become disabled tomorrow, how would you replace your income? Chances are, you would have expenses. If so, consider this - if you saved five per cent of your income each year, it would only take six months of total disability to drain 10 years of savings.

Your home, savings and family all depend on your income. A reliable source of funds that you can depend on, disability insurance, provides a monthly benefit to replace your lost income and gives you the peace of mind you'll need during unstable times.

BUSINESS INSURANCE
Ideas, hard work, dedication... all of these contribute to building a successful business. As a business owner, you will need to protect your personal financial assets in the event of a business downturn. Specialized insurance products, such as segregated funds (which are like mutual funds, but with an insurance wrapper), can protect your business in any number of situations, such as a buy/sell agreement, corporate buyout or share redemption and can insure key persons.

ESTATE PLANNING
You've worked hard to accumulate assets and build an estate. Naturally, you want to pass along as much of your estate as possible to your beneficiaries. There are a number of plans that allow you to accumulate money on a tax-deferred basis to pay necessary costs, such as probate fees, capital gains and taxes on registered assets. Ensure your beneficiaries receive the fruits of your labour.

FINAL EXPENSES
Life insurance provides your family with funds for any final expenses such as funeral costs, outstanding bills or taxes due upon your death. Rather than leaving your loved one with debt, you can leave them with a legacy. Insurance also pays out an immediate benefit no matter how long you have had your policy. There are also insurance products with a nursing home benefit, allowing you to tap into the value of the policy if you move into a care facility and require extra funds.

The commentaries are provided as a general source of information only. Please speak to your MemberCARE Financial representative or personal financial advisor before making any financial planning decision or implementing any strategy.


MemberCARE® Financial Services is a member company under Credential Financial Inc., offering financial planning, life insurance and investments to members of credit unions and their communities. MemberCARE® is a registered mark of Credit Union Central of Canada and is used under license.

* Mutual funds are offered through Credential Asset Management Inc., a wholly-owned subsidiary owned by Credit Union Central of Canada. Unless otherwise stated, mutual fund securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer which insures deposits in credit unions. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.