Follow Us:

Insurance

Insurance Coverage For Individuals & Families.

Insurance

It's hard to get excited about insurance. Who wants to make payments every month in the event that we are faced with a possibly catastrophic challenge we hope we never have to face? The very topic can be fraught with anxiety and fear. We all know that insurance is an important undertaking as a responsible adult. But we will really only need insurance when disaster strikes; when we are injured, sick, or facing our own mortality. But it remains an essential part of protecting our assets, ourselves, our loved ones.

Latitude is here to guide you through the sea of insurance plans and policies with a considerate approach.

 

A Policy Of Protection

Personal Insurance is meant to protect your health, your family, your lifestyle, and your assets. Our team of experienced advisors at Latitude Wealth aims to design a comprehensive insurance plan to ensure you can rest easy knowing that all you have worked for is secure. Let’s first discuss the types of policies we consider:

  • Life Insurance: A life insurance policy is a contract between an insuring entity and a policyholder. In exchange for premiums paid by the policyholder, the insurer pays out the policy to beneficiaries when the insured person dies. 
  • Critical Illness Insurance: Critical care coverage is a policy that pays out in a lump sum upon diagnosis of an illness from a predetermined list. It is meant to cover health care or personal costs occurring due to illness.
  • Disability Insurance: A disability policy is meant to replace all or a portion of your income if you become unable to work due to illness or injury. Amount and duration of payments vary by policy.
  • Health and Dental Insurance: A health and dental policy can provide coverage for you and your family for expenses not covered by your provincial health care plan. This may include medications, dental care, vision care, and certain emergency medical services.
Who Needs Insurance And Why

Navigating the Insurance landscape can be confusing. Many aspects of your life can affect the types and levels of coverage that make the most sense for you. Here are some of the considerations we make when designing the best coverage plans for you:

 

Do you have a significant other? Do you have more than one income in your household?

Do you have children or other dependants (siblings, parents, anyone who relies on your support)?

Do you own your own home? Do you own any other assets?

How would you support yourself/ your family if faced with serious illness or death?

 

Our trusted advisors can help you consider every aspect of your lifestyle and safeguard everything that is important to you. The right comprehensive insurance plan customized for you by our team at Latitude Wealth will protect all that you hold dear

 

The Benefits of Our Partnership

When you make the choice to partner with Latitude Wealth to build your investment and insurance portfolios you make the choice for a clear and simple approach to wealth management. We stand for integrity, clarity, transparency, and trust. We build strong and lasting relationships with our clients and our industry partners to ensure that we can offer comprehensive and effective strategies to establish robust wealth and protect everything and everyone you hold dear.

Clear & Simple Solutions For Businesses and Individuals

Latitude Wealth is committed to helping our clients navigate the ever-changing landscape of investing and insurance. Proven strategies and intelligent technologies allow us to provide sound solutions for Businesses and Individuals. Our service-based model fosters strong relationships with our clients helping us help you meet your financial objectives.

Contact Latitude Wealth to unlock your financial potential today.

 

Protect Your Health

An enhanced Health and Dental Insurance policy can work within your budget to provide the care and services you need to keep your family healthy and thriving. We are extremely fortunate to live in a country that provides basic universal healthcare to its citizens. But health is a complex field and it is inevitable that expenses will arise not covered by your provincial plan. With a personalized Health and Dental plan, Latitude Wealth ensures that decisions regarding the health and wellbeing of you and your loved ones are never driven by financial scarcity.

What About Life Insurance?

Your marital and family status, your income and employment circumstances, your health condition, and your future financial goals will all inform the best Life Insurance coverage for you. It is a thoughtful decision to create security for any loved ones left behind. A personal life insurance policy can provide the means to:

  • Protect your family, continue to provide after your death
  • Pay off your mortgage
  • Settle taxes
  • Support a favoured charitable cause
  • Build a legacy for your beneficiaries
  • Provide liquidity for your estate
  • Cover funeral and other final expenses

There is no greater gift than the means to provide for the health and wellness of those who mean the most to you even after your death. Nothing can replace you in your family’s life, but with a thoughtful and compassionate life insurance plan, you can guarantee that your loved ones can still live the life you have always dreamed for them.

Celebrating Success

Our success as an organization is directly relative to the success of the relationships we cultivate with our most valued asset; our clients. We take pride whenever we can empower a client to meet their personal objectives. Here is how we have guided some of our client partners to achieving their own financial freedom and security.

Seeking Inspired Advisors For Our Family

We are looking to build our community of skilled and knowledgeable advisors. If you are focused on creating lasting client relationships within a supportive environment that fosters growth and development and celebrates your every success, contact Latitude Wealth to explore our advisor partnership opportunities.

We are committed to providing our advisors with the most current tools and strategies to nurture their professional growth.

 

Policies For Complete Coverage

It is not pleasant to think about what might happen when faced with injury, illness, disease, and death, but with a customized approach to insurance coverage you will be prepared to overcome challenges and continue to provide for your loved ones. Latitude Wealth has comprehensive strategies to safeguard your loved ones and your financial legacy with protection solutions. And our commitment continues beyond the signing of the policy as we promise to continue to guide you to ensure your insurance goals are always being met.

Connect with our accomplished and compassionate advisors at Latitude Wealth and explore your options for complete insurance protection today.

What To Expect

The journey to financial freedom and the ability to provide for and protect your loved ones is complex. Our team at Latitude Wealth aims to simplify your travels with thoughtful consideration, sound advice, and proven strategies. Here is our process to guiding you to the good life, click each icon to learn more.

Discovery
Discovery
Solution Strategies
Solution Strategies
Implementation
Implementation
Review & Adjust
Review & Adjust

An intensive discovery process will help us uncover your financial goals, personal values, security needs, and lifestyle habits. Each client presents a unique story of financial health, family dynamics, risk aversion, and a vision for their own definition of financial success. We can ask the right questions to help create a detailed picture of your current status and future objectives to ensure that we can completely personalize a strategy for you.

With all of the information gathered in the discovery process our knowledgeable advisors can begin to create a customized solution that will allow you to achieve every one of your goals for building and protecting your wealth. We will take into consideration every product available and design a bespoke solution to allow you to begin living your best life right away and safeguarding that lifestyle for you and your loved ones in the years ahead.

Our productive and enduring relationships with our trusted industry partners provide us with the means to quickly and efficiently implement the strategies tailored for you. Our network of insurance providers, investment services, legal counsel, and accounting professionals will mobilize to roll out and administer your solutions efficiently so you can begin to enjoy the benefits of your investment and insurance management program as soon as possible.

Our responsibility to you does not end with the signing of a document. We are committed to seeing you through every step of your journey to financial freedom and beyond. We promise to routinely assess the performance of your portfolio, recommend emerging tools, and adjust our strategies for you to optimize your finances, protect your wealth, and guarantee maximum returns. Our commitment to you is a commitment for a lifetime.

Related Services

When you join the Latitude Wealth family, you leverage our years of experience and skilled insight into strong insurance and investment portfolios for businesses and individuals. With our methodically curated catalogue of products, tools, and strategies we can provide solutions tailored just for you to guide you to achieving your financial objectives.

Insurance: Frequently Asked Questions

There are two calculations usually applied to determine a reasonable amount for Life
Insurance:
  • 6 to 10 times the amount of your annual salary
  • Your annual salary multiplied by the number of years left until retirement
But the best answer is that your own life circumstances will dictate exactly which type of policy is ideal for you. Our experienced advisors know exactly which questions to ask to ensure that your policy will meet your needs and goals and provide you peace of mind.

Life insurance is more affordable than people may think. For example, a 40-year-old buying a 20-year term life policy with $500,000 of coverage would cost about $52/month. But life insurance rates can vary among applicants, insurers, policy types, age, and health factors. Our team at Latitude Wealth can help you find the most comprehensive coverage within your budget.

There are two basic life insurance options: Term and Permanent.
Term lasts for a specific, pre-set period. Permanent lasts your entire lifetime. You may prefer the lower costs of a Term product or the lifelong protection and cash value that Permanent life insurance products offer. Our advisors can help you weigh the benefits of each.

Explore Wealth With Latitude

Explore Wealth With Latitude

At Latitude Wealth we are driven to provide the most effective solutions for investment and insurance prosperity for every one of our clients. If you are interested in exploring the opportunities to gain financial freedom and build health and wealth for your family and the generations that follow, connect with our team of advisors and access strategies customized perfectly for you.

Your Guides To Financial Freedom

Latitude Wealth is helping you navigate the complex landscape of insurance and investment management. Build your wealth, safeguard your investments, and protect and provide for those most important to you. Create, Secure, and Live your best life with the guidance of the trusted advisors at Latitude Wealth. Contact our skilled team to explore the most ideal strategies for your financial health.

Have Questions? Call Us Today At

Call Us

TopAbout UsOur ServicesContact Us
TopAbout UsOur ServicesContact Us