General Asked Questions
We offer comprehensive financial solutions for entrepreneurs, business owners, real estate investors, and families. Our specialties include life insurance strategies, tax-efficient wealth building, corporate planning, investment solutions like segregated funds, GIA’s, HISA, and group insurance. We incorporate advanced tax strategies into our wealth-building plans, helping you minimize taxes while maximizing growth and legacy potential.
At LegacyCo, we don’t push one-size-fits-all strategies. We design custom plans based on your specific goals, using a wide variety of financial tools. Our background in real estate and business ownership gives us a hands-on understanding of how to build, protect, and grow wealth in real-world scenarios.
No, we are independent and partner with a variety of top-tier insurance and financial carriers, including Equitable Life, Manulife, Sun Life, Canada Life, RBC Insurance, and more. This allows us to find the best products for your unique needs.
Life Insurance Questions
• Term Life Insurance provides coverage for a set period and is typically used for temporary needs like mortgage protection or income replacement.
• Whole Life Insurance offers lifelong protection with a guaranteed cash value component that grows over time.
• Universal Life Insurance combines lifelong coverage with flexible premiums and investment options, offering more control over how your policy grows
Yes, we provide customized group insurance plans that include life, health, dental, and disability benefits tailored for businesses of all sizes.
AD&D pays a benefit in case of death or serious injury caused by an accident. It’s often used to supplement traditional life insurance for added peace of mind.
Investment & Savings Questions
Segregated Funds are insurance-based investments that offer market growth potential along with benefits like death benefit guarantees, creditor protection, and efficient estate transfer options.
Yes, we help clients invest through a wide range of registered accounts like TFSA, RRSP, LIRA, FHSA, RESP, RRIF, and non-registered accounts, all tailored to your goals.
A GIA is a fixed-term, fixed-interest investment that offers predictable growth, ideal for conservative investors looking for security and stability.
Yes, we offer HISA options that provide competitive interest rates and liquidity, perfect for emergency funds or short-term savings.
The First Home Savings Account (FHSA) allows first-time homebuyers to save up to $40,000 tax-free toward their first home. Contributions are tax-deductible, and withdrawals for a home purchase are tax-free.
Health & Travel Protection Questions
Absolutely. We provide comprehensive travel insurance for emergency medical coverage abroad, so you can explore with confidence.
An HSA allows business owners and professionals to pay for healthcare expenses in a tax-efficient way, turning personal medical costs into business deductions.
Yes, we offer extended health plans to cover services not included in government healthcare, like dental, vision, and prescription drugs.