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Empty Nesters
and Seniors
How to
Get Additional Discounts
Are you mortgage free?-Forward a copy of your
discharge of mortgage from your bank. Your Insurance
Company may offer a mortgage free discount.
Retired?-Call us to mail you a retiree form to
complete and we'll be happy to add a retiree discount to your auto
insurance.
Does your home or cottage have a monitored alarm
system installed? Mail, email or fax a copy of the
alarm certificate to us and you may be eligible for an additional
10-15% discount off your home insurance premium.
Ways to
Save Money
Increasing your deductibles to $1000 may save you
an additional 10% off your homeowners & automobile
insurance premiums.
Snow Birds – Going away
for an extended amount of time?
Did you know that during the winter months, your
insurance company requires you to have someone come into
your home to check on it every 96 hours-4 days? Have a
family member or neighbour bring in your mail &
newspapers, turn on lights, & check on your home,
including the basement.
Do you need Travel Insurance while out of the
province? Some Insurance companies like AXA & ING offer
Out of Province medical insurance & Travelwell coverage
with their homeowners policies at an additional cost.
You can also contact CAN AM Insurance to sign up for
Travel Insurance on your own. To contact them for a
quote call toll free at: 1-800-224-3660
The
Complete Package
Does Utter Morris insure your seasonal home,
classic/antique car, recreational vehicles (ATV,snowmobile)
motorhome, trailers, boats, motorcycle? Call us today
for a quote so all of your insurance needs are covered
under one roof.
Protecting Everything You've Worked For
You've built a life, home, family, career and future.
Your retirement awaits you - a time of freedom and
enjoyment. To make sure nothing stands in your way, it's
a good idea to examine how insurance can help you
preserve what you've built, not just for your own
enjoyment but for your loved ones too.
Preserving your estate
In your will, you may be able to leave some assets to
your spouse without incurring taxes, but if you leave
assets to anyone else, they could face an enormous tax
bill. The Canada Revenue Agency values your assets as if
they were sold at fair market value.
If your estate realizes a capital gain on a vacation
property or business you've left to them, your heirs
could end up with a significant tax bill. They may even
have to sell the asset just to pay the tax.
By planning ahead, you can make them the beneficiary of
a life insurance policy that covers your final tax bill.
It will provide a tax-free benefit that will allow them
to pay the capital gains tax and leave them free to
enjoy the asset.
You can also use life insurance to provide a bequest to
your favourite charity.
In addition to life insurance to protect your family,
you may want to consider some health insurance to
protect your assets. For example,
longterm care insurance can help make sure that you
don't have to dip into your capital if you or your
spouse require ongoing medical care.
Call Utter Morris
Insurance Brokers to speak to one of our Life Insurance
Agents today. |
