Life and Disability Insurance. Does your insurance add insult to injury?

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1 Life and Disability Insurance Does your insurance add insult to injury? I N S U R A N C E S E R V I C E S

2 At Island Savings, we make sure you know exactly what s covered before illness or injury strike. You insure your home, your cars, your personal belongings. But what about your most precious possessions your life and health? Life is full of surprises. Insurance shouldn t be. Since 1983, the professional brokers at Island Savings Insurance Services have been working with Islanders to help protect those important assets. And because true peace of mind only comes with knowing exactly what is and isn t covered by your policy, we take the time to: Ask the right questions to help you choose the right coverage Explain your policy up front, so there are never any surprises. We also represent a number of insurance companies, so we can offer you great coverage at competitive prices with flexible payment options. It s another reason we say, it s good to be here.

3 Life insurance Protecting your family from loss. Thinking about why you need life insurance can be stressful. Yet, it is one of the most responsible decisions you can make. Having the right amount of life insurance protection when you die will provide your family with a future that is financially secure. And the professionals at Island Savings Insurance Services can help you choose the right life insurance. Term insurance. Term life insurance is designed to provide you with insurance protection for a set period of time, at an affordable price. It provides your beneficiaries with the amount specified in your policy, tax-free, if you pass away while the policy is in force. Term insurance is ideally suited to covering major expenses such as paying down your mortgage and raising children. Island Savings Insurance Services offers Term 10, Term 20 and Term 75 Plus policies, so you can choose the term and benefit amount that best meet your needs. Whole (permanent) life. Whole (or permanent) life insurance is designed to provide insurance protection for your entire lifetime. The premiums are fixed at the time you take out the policy, and it provides the peace of mind of knowing that your beneficiaries can receive the full amount you are insured for. What s more, because the benefit is tax-free, it can be an effective way to protect your estate and your beneficiaries from taxes that may become due on things such as rental properties, investments, business exposures and even RRSPs. Universal life. If you want to protect your family and invest for your future, consider our universal life policies. Combining permanent life insurance protection with a flexible portfolio of investment options all customized to your financial needs and aligned with your risk tolerance universal life insurance is the most flexible coverage available today. You can customize your plan when you buy it, or easily make changes later on. And universal life offers you the opportunity for tax-advantaged investing, increasing your wealth by investing money within your policy. Disability insurance Protecting you against disability. Long term care, travel medical protection and critical illness insurance products are designed to help you protect your family, yourself and your way of life from the effects of a disabling illness or injury. And because we know your community and the way you live, we re uniquely qualified to help you find the right disability insurance for you and your family. Long term care. No one plans to become disabled. But if it does happen, either as a result of an accident or old age, it s reassuring to know you have long term care insurance. At Island Savings, we can help you choose a plan to cover home care, facility care or both. You also have extensive flexibility in how you design your plan, so you can enjoy the best care at a price you can afford. Options can include: Benefit periods of varying lengths Daily limits Returning premiums to your estate if the coverage is never used Inflation protection for yourself.

4 Critical illness coverage. Thanks to improvements in medical science, more and more people recover from critical illness these days. But treating and coping with that illness can involve significant costs. Critical illness insurance can help you deal with the unexpected costs of an illness and get started on recovery as soon as possible. Benefits can include: Access to 2nd opinions and treatment recommendations from the world s finest doctors through Best Doctors Inc. Money for drugs and therapies not covered by government plans Extra funds when you need them, tax free. Critical illness coverage there for you when you need it most. Travel medical protection. When you re travelling, even a minor medical setback can be a major problem. And, despite what many people believe, when you leave your province, you leave up to 90% of your government health insurance plan behind. That s where travel medical insurance can make a real difference. Travel medical insurance can cover you and your family for a broad range of medical and other eligible costs, including: Critical care for your family s finances. Emergency medical and hospital expenses Ambulance services Emergency dental treatment, and much more. Simply choose the right coverage for the length of your trip, and go protected.

5 visit us at We take your insurance needs very personally. At Island Savings, we believe that the best insurance service is personal service. So instead of online applications, we encourage you to drop in and see us. Or phone your local branch and talk to us. We re local and Island-based, working to make these Islands an even better place to live. We know the people, the land, the weather. So you can be sure that we know how to go about selecting the right insurance for your specific needs. For all your insurance needs, talk to Island Savings Insurance Services. See why we say, it s good to be here. I N S U R A N C E S E R V I C E S /07/5M Printed on 10% post-consumer paper