Best Income Protection Insurance Agency Winnipeg Near Me

4worldlovers: Paradigm’s passion for health and well-being fits neatly within its mission to provide effective Winnipeg insurance solutions to a broad range of clients. Generally speaking, the healthier you are, the simpler and more affordable your insurance will be. Paradigm endeavors to provide health and wellness tips and suggestions while simultaneously crafting unique insurance-based solutions to fit within any financial portfolio. Together, these two fields of knowledge result in the delivery of an exceptional service which seamlessly blends health, wellness, and insurance in pursuit of enhanced well-being and solidified financial positioning.

At its core, life insurance offers a tax-free benefit at the time of the insured’s death. This benefit can be used to pay off debt, replace lost income, cover tax-liabilities, leave a legacy, the list of possible uses goes on. Most importantly, life insurance is a foundational component to your financial well-being.

Critical illness isn’t just another financial product created by insurance companies. Rather, critical illness insurance was first developed by a medical doctor: Dr. Marius Barnard in 1983. Dr. Barnard observed the financial perils his critically ill patients encountered and understood the need for an insurance-based solution to protect against these circumstances.

Disability insurance provides a tax-free monthly benefit to the insured in the event of an illness or accident that restricts them from being able to work. This benefit assists the recipient in meeting financial obligations and maintaining their lifestyle in a difficult time.

Long-term care insurance provides a benefit to the insured if they become unable to perform two of six aids to daily living. As the average lifespan continues to increase, many individuals find that their retirement savings are insufficient; this is where long-term care insurance comes in.

You’ve worked hard, you’ve saved, and now, you’ve scheduled a vacation! Or, perhaps, you’re off on another work-related trip. Whatever the case, with all of the adventure and excitement that travel brings, along with it comes the risk of injury, illness, interruptions, cancellations, and more.

Oftentimes, we see clients who have a strong affinity for a particular cause or non-profit, who cannot support it to the degree they wish to during their lifetime. Utilizing life insurance, you can leave a substantial legacy and forge true change while incurring minimal relative-costs and receiving a substantial tax credit. The life insurance product itself is the same as any other life insurance product. However, who the applicant names as the beneficiary or as the owner augments that strategy such that a charitable organization benefits and the applicant secures a tax credit. There are multiple ways to structure an insurance strategy for the purpose of charitable giving. Your individual estate planning needs will help determine when the resulting tax-credit would be of best use to the individual.

Many assume that estate planning is something that only the extraordinarily wealthy need concern themselves with. However, no matter the quantity or value of your assets, sound estate planning practices carry immense value. Properly crafting your estate can ensure the creation of a strong legacy, maximize the wealth transfer to the next generation, enhance the efficiency of settling the estate, and minimize the tax implications and other costs. Estate planning is a subject that all individuals, from all backgrounds, at all stages of life should pay mind to as you can never know when estate planning will become unavoidably relevant.

4worldlovers:
While you’ll continue to deal with the same great team and receive the same service you’ve come to expect from Dimensions Insurance, there’s now expanded capacity, broader underwriting capabilities, and improved claims support with Westland Insurance. We’ll go the extra mile every step of the way to provide you with a personalized coverage solution.

The formerly Dimensions Insurance branch below is now Westland Insurance. We’re committed to supporting the local communities where our clients and teams work and live. Each year, we invest over $1m into local and charitable initiatives.

Westland Insurance expands P&C practices with three acquisitions in April

Westland continues to grow across Canada with acquisitions in ON, AB, and MB

April 5, 2023, Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations) – Westland Insurance, one of Canada’s largest independently owned brokerages, continued its expansion on April 1 with the announcement of three acquisitions. Between them Haggett & Rogers Group of Companies, BMT Insurance Brokers Limited, and Dimensions Insurance Management bring additional insurance expertise to Westland’s existing P&C verticals.

With six locations across Ontario, BMT Insurance brings over 65 years of P&C insurance experience, life & benefits, and financial services. This acquisition takes Westland into three new communities and further enhances its commitment to serving clients in Northern Ontario.

With roots that go back to 1905, Dimensions Insurance is a commercial and specialty P&C brokerage based in Winnipeg, MB and that is focused on serving clients across Western Canada.

Established in 1978, Haggett & Rogers is a family-owned brokerage that offers personal and commercial insurance solutions and vehicle registry services. They have locations in Calgary and Lethbridge, AB.

“It’s with much excitement that we welcome Haggett & Rogers, BMT Insurance, and Dimensions Insurance to the Westland team,” says Jamie Lyons, Westland’s President & CEO. “With these three outstanding companies joining our family, we’re taking a significant step forward in our goal to become Canada’s favourite insurance broker. Their collective depth of expertise and experience in the industry, as well as strong entrepreneurial cultures, will allow us to continue delivering even better service to our clients and communities across the country.”

Westland continues to invest in and grow its business in Canada, both organically and through strategic acquisitions. Read more about Westland’s growth story.

Westland Insurance Group is one of the largest and fastest-growing independent insurance brokers in Canada. Trading over $2.5 billion of premium, Westland continues to expand coast to coast. Westland’s brokers provide expertise and advisory-based services across commercial, personal, employee benefits, farm, and specialty insurance segments. Since its founding in 1980, Westland has remained a family-owned company that is committed to supporting its clients, industry partners and local communities. For more information, please visit westlandinsurance.ca