The TK Advisor -TK Financial Group Ottawa Blog about Life Insurance, Critical Illness Insurance, Wealth Management and Estate Planning

Life insurance should be planned not simply bought !

Last time you acquired a life insurance policy was there a strategic plan or simply you bought a life policy in the amount someone told you you should have ? Often people will say I want a policy for x amount of insurance and I ask them why do they need it which gets them to give me a surprised look as I am in the life insurance business . I focus on completing a needs analysis as needs are different as are our DNA ! WE WILL PROVIDE YOU WITH COMPLIMENTARY INSURANCE AUDIT , ESTATE PLAN REVIEW AND A REPORT WHICH WILL EXAMINE A NUMBER OF PLANNING OPPORTUNITIES WHICH EXTEND BEYOND YOUR EXISTING LIFE INSURANCE CONTRACTS . You may be paying too much for exact same coverage available from one of the 12 insurers we work with on a regular basis . If you are looking for a simple life insurance sale without a plan we can give you names of individuals that will gladly sell you a product .

Service is key !

When will people decide to stop accepting bad service ? It is so refreshing to get good service and a smile . We should make a special day that we in the city of Ottawa recognize organizations that provide great service . Promoting best employers we have contests like Ottawa Business Journal is hosting is a example of what can be done . Why not recognize businesses that are providing great service ?

Business focused life insurance !

Business owners are rarely aware what life coverages they own or if is properly structured . We have been providing complimentary life insurance audits to over hundreds of business owners . Results have been shocking and clients unprotected . Does your life insurance coverage reflect the provisions of your shareholders agreement ? Do you have coverage you no longer need ? Can you afford to keep a blind eye to integrated planning ? Legal , accounting , insurance , banking , and investments are all intertwined . If you want valuable planning assistance beyond buying a product call me !

Ottawa has great human resources

We are very fortunate to be living in a city which is full of bright and capable people . I am blessed to have created a large relationship base or some call it a network . My business has been a a vehicle in that it has allowed me to create solid relationships with great people . Often , I am involved in putting people together that I think will be a good fit and can provide value to each other . I am known to as a go to person when someone needs something but I do it to assist people which gives me great joy . Who do you know that I can meet ?

If you knew that you have a 80 % chance of getting a payout on a lottery ticket what would you do ?

Between age 30 and 65 one in five will pay out money to the holder of this paper ! In a lifetime , 80 percent of this paper will pay a benefit to the holder ! What is this vehicle that pays out a lump sum benefit to the beneficiary ? Critical Illness insurance is designed for the living . People are surviving critical illnesses but their financial well being is sometimes devastated . Would you be affected if you were stricken by a critical illness ? So you say no one in your family or someone you know has had a heart attack ? cancer ? stroke ? ms ? Do yourself a favor and review your plan and make sure nothing is left to chance .

Blue Ocean Strategy

A friend of mine Paul Hindo suggested I pick up the business book Blue Ocean and it was great advice again . I read the first part of the book for several hours last night and found it to be enlightening . It reminds me of changing the game which has been played by others for many years . The research that went behind the scenes to write the book is bang on and I am looking forward to leaving the Red Ocean to a Blue Ocean methodology of business . Problem in today's world , most people tell potential clients what they think they want to hear and their delivery is sometimes not as they say . Smoke and mirrors way of doing business is for some people their primary way of doing business . Blue Ocean is so far insightful and Paul was correct in saying it is a fabulous way of looking how business can be done .