Short-term disability
Benefits for a shorter absence, often through a workplace plan. Check sick leave and the waiting period.
Protect your life.
Plan your possibilities.
Explore life insurance, insured retirement planning, and disability protection. Start with your goals, then get to know your options.
Explore my direction
Universal life insurance
Protection for life, with choices along the way. Universal life combines permanent insurance with a cash-value component, while the policy remains funded and in force.
- Lifetime protection
- A death benefit can support long-term family and estate goals.
- Flexible funding
- Deposits must stay within policy limits and cover ongoing charges. Underfunding can put coverage at risk.
- Investment choices
- Growth depends on the options selected. Fees, insurance costs, and non-guaranteed returns affect policy value.
Product reference: ivari universal life insurance.
Insured Retirement Plan
Plan for your next chapter with the full picture in view. Often called an IRP, this is a strategy using life insurance; ivari calls it an “Insured Retirement Strategy.”
It starts with a lasting need for life insurance and enough financial flexibility to fund the policy over time. A representative can help assess it alongside your RRSP, TFSA, and other retirement resources.
Talk through my retirement goals- 01
Build policy value
Eligible cash value may grow tax-deferred within policy limits, after insurance costs and fees.
- 02
Explore borrowing
A third-party lender may accept the policy as collateral. Loan approval and terms are not guaranteed.
- 03
Plan for repayment
Outstanding loans and interest reduce the proceeds remaining for beneficiaries when repaid from the death benefit.
Understand the trade-offs before deciding
Review borrowing rates, investment performance, life expectancy, lender requirements, and changing tax rules. This strategy does not guarantee retirement income. Review suitability with a licensed representative and qualified tax professional.
Disability insurance
Your income supports more than a paycheque. Disability insurance may replace part of it when a qualifying illness or injury prevents you from working.
Start with any workplace benefits you already have. Compare waiting periods, payment limits, definitions of disability, exclusions, and how benefits interact.
Discuss income protectionOwn occupation, any occupation, partial and residual benefits
Definitions of disability determine when a claim qualifies. Ask how your ability to perform your own job or another occupation is assessed, and whether reduced hours or lost earnings qualify for partial or residual benefits.
How is this different from critical illness insurance?
Disability coverage generally relates to your ability to work. Critical illness insurance generally pays a lump sum following a covered diagnosis when the contract’s conditions are met. A waiver of premium on a life policy is also different from income replacement.
Coverage types are general education, not a list of ivari disability products. Read Canada.ca’s disability insurance guide and RBC Insurance’s business coverage overview. Availability and eligibility require confirmation.
What life insurance does
Life insurance generally pays a death benefit to the named beneficiary when the insured person dies while qualifying coverage is in force. The beneficiary can use that money according to their needs.
Term and permanent at a glance
This is a starting point, not a recommendation. Exact features, premiums, renewals, exclusions, and availability depend on the policy and insurer.
| Consideration | Term life | Permanent life |
|---|---|---|
| Coverage period | Set number of years or to a stated age | Designed for lifetime coverage while in force |
| Cash value | Typically none | Some products may build cash value |
| Often explored for | Income years, debt, mortgage, dependent children | Estate needs, final costs, long-term legacy goals |
| Premium pattern | Can change at renewal depending on the contract | Depends on the permanent product and contract |
| Best next question | How long does this need last? | What long-term role should this coverage play? |
What might shape your coverage amount?
There is no universal number. A thoughtful estimate considers the commitments that would continue and the resources already available.
Income and care
Years of income to replace and the value of unpaid care at home.
Debts and housing
Mortgage, loans, rent, and other obligations shared with others.
Future goals
Education, business continuity, charitable giving, or family support.
Existing resources
Savings, workplace benefits, existing coverage, and survivor income.
Questions worth bringing to the conversation
A good discussion makes room for trade-offs and shows what is included, what is excluded, and what may change later.
Do I need to know which type I want?
No. You can start with “not sure.” Your goals, budget, time horizon, and available products help shape the conversation.
Will this website give me a final premium?
No. Any actual premium depends on an insurer’s process, including eligibility and underwriting. Dreams2Legacy’s online form only starts a request.
Should I send medical details in the form?
No. Please do not include health, medical, banking, identity-document, or payment information in the website forms.
Can a policy change after it starts?
Policy terms differ. Ask about renewals, premiums, conversion options, exclusions, beneficiaries, and what happens if a payment is missed.
For independent background, visit the Government of Canada’s guides to life insurance, determining insurance needs, and getting insurance.
Bring your life—not a policy number.
Tell us what you are working toward. A licensed representative can help turn that into questions and options to review.