Calgary Business & Personal Risk Management

INSURANCE STRATEGIES AND LONG-TERM TAX MINIMIZATION 

Customized Risk Management &
Assessment Plans To Meet Your Goals

At CH, we don’t believe in a one-size-fits-all solution when it comes to risk management. Working closely, we help you identify your goals and gaps in your financial plan in order to mitigate risk and protect against the unexpected, then develop a tailored strategy to meet your business or personal needs.

It can be hard to convince people that life insurance is money well spent. In fact, the only thing more frightening than the prospect of a loved one dying unexpectedly is someone trying to sell you insurance on the pretext that it may happen. Yet, protecting your assets is an essential part of risk management and your comprehensive financial plan.

Did you know that 80% of Canadians are considered to be underinsured, and 1 in 7 people die before retirement? So, risk management and asset protection are truly important and just make responsible sense.

Risk management and asset protection have become an integral part of the overall financial plan and thus our practice. CH Financial is here to protect you and your family in the event of the unexpected.

  • Protect your family i.e. mortgage or debt
  • Protect your income
  • Preserve an estate
  • Take advantage of tax sheltering
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Life Insurance Risk Assessment

TERM INSURANCE

Did you know that when you purchase term insurance you are participating in a ‘decreasing benefit’? Meaning that though your premium cost stays the same but the amount of coverage you would receive decreases as a result of paying down your mortgage? This is why term policies are so helpful. Not only will there be coverage for your mortgage in the event of a loss but you would also receive the full benefit of the insurance you are paying for.

What is term insurance best suited for? Short-term needs. This includes mortgages, business partnership changeovers and a place-holder for when permanent coverage fits your budget.

Designed to meet both your life insurance and investing needs, Universal Life and Whole Life insurance combine long-term protection and tax-advantaged investing in one single, customizable policy. Whether your goal is to protect the legacy you’re building for your loved ones or to build additional wealth over time.

  • Leave proceeds to your loved ones – tax-free
  • Further your estate planning (and estate bill)
  • Build tax-deferred equity and accessible cash value over time
  • Establish financial collateral for a bank loan
  • 10 pay and 20 pay options allow for short term cost but lifetime benefits
Everybody. The earlier insurance is applied for, the less expensive it is. This is why, when looking for life insurance, applying earlier in life will significantly help with a monthly cost. When bought later in life, can be used as another tool for sheltering income and aiding in retirement.
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Accident and Sickness

CRITICAL ILLNESS AND DISABILITY INSURANCE RISK MANAGEMENT

Did you know the likelihood of getting a critical illness and surviving it far outweighs critical illnesses that result in death? Financial plans are designed to determine what you will need for retirement, assuming you can work until retirement. What if a critical illness happens first? 

This can seriously impact your financial plan and savings. Critical illness insurance helps cover the unexpected costs and the potential loss of income associated with a serious illness. 

From the costs of medicine and treatment, to travel, specialist and home accommodations, treating
and recovering from an illness can have a devastating financial impact.

A return of premium option is also a fantastic addition to critical illness plans. This is what we call a ‘win-win’ addition because with the return of premium rider if you don’t end up with a critical illness, you get all your premiums back. No strings attached!

Most of us don’t hesitate to insure our homes, vehicles, or businesses, but our most important asset is often our income. Disability insurance helps protect your income if you become disabled and can’t work. An individual disability insurance plan can help you meet your income requirements, so you can concentrate on recovering and returning to an active life.
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Business and Key Person

BUSINESS & GENERAL PROTECTION

As a business owner, you do everything possible to ensure your business succeeds, protecting everything you’ve worked so hard to build but some things are out of your control. 

KEY PERSON INSURANCE

Business owners and other key executives spend considerable time and effort to acquire the knowledge, experience, judgment, reputation, relationships, and skills that make them valuable to the business. The loss of an owner or key personnel whose contributions are integral for a business’ success can be devastating.

It can result in a drastic loss of profit, customer base, and even reputation. Protecting your business against such risks is often a prudent step toward business continuity while addressing the concerns of your key stakeholders.

This is where key person insurance comes into play. If something happens to a key person, the life insurance proceeds give the business working capital to meet immediate cash needs and provide a source of funds to decrease the impact of that loss.

CH Financial uses a holistic approach to wealth management, centered on a solid financial plan, and paired with risk management not only seeking to maximize returns but also to mitigate risks through insurance strategies and long-term tax minimization. All of these are tied together to ensure the long-term financial health and well-being of each of our clients and their families.

Start the conversation

ARE WE A GOOD FIT?

Like you, we’re selective about the long-term relationships in which we engage.

We’re looking for aspirational clients who require the whole spectrum of financial services because managing the whole is how we’re able to deliver unbeatable value – it’s our “secret sauce”.

If this describes you, let’s set up a meeting and
get to know each other.

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Are we a good fit?

We’re looking for aspirational clients who require the whole spectrum of financial services because managing the whole is how we’re able to deliver unbeatable value – it’s our “secret sauce.”If this describes you, let’s set up a meeting andget to know each other.

Full quote:

I just want to say we have been with your team since 1993, and we have never had any bad advice. The investments you set up for us during this time has paid for university education for our two granddaughters and provided a significant monthly income for us to augment our pensions.

We are with you for the long run and are not going anywhere. Jeremy has told us that at these times the numbers tend to scare you, but you haven’t really lost anything if you don’t panic and sell.

Ken M, Calgary

With CH Financial since 1993

Full quote:

When I became a client of CHF it was a real game-changer as I was going through a very difficult time both professionally and personally.

I went through a divorce and the loss of a job and a parent, all within a 12-month period. While it was very tough to deal with at the time, I was reassured by the fact that the team at CHF had my back and really cared about me and what I was going through.

Looking back now, I’m not sure how I would have managed without the support of the CHF family.

Jeremy and his team were there every step of the way to help me navigate my way through the complexities of a divorce and inheritance. They got me back on track both financially, as well as emotionally.

I have now been a client of CHF for over 10 years and thanks to their expertise, I know that my family will be well taken care of for many years to come. I am now in a position where I don’t need to worry about money thanks to a solid financial plan.

I would highly recommend the CHF team to others going through life-changing and difficult situations as your financial partner.

Linda, Victoria

Full quote:

As an investment industry professional, I am constantly on the go and maximizing my peak career earning years in my 40s. With travel and work commitments I am very limited for time to spend with family and do the things I love to do and chose CH Financial to allow me more freedom and lifestyle balance.

Being in the investment industry my whole career and an extremely busy professional, I know I could probably do a good job at managing my money as I work in the industry after all while I rely on and trust the CH Financial team that they will take care of the details, both growing my assets as well as taking care of every aspect of my financial situation, including my tax, investments and insurance, they simply take away the stress of having to worry about it all and help me to navigate the complexities for me so it all meshes together and importantly saves me valuable time and headaches.

At the end of the day, the reality is I truly value my time and the opportunity cost of my time and would rather hire the best in the industry so ultimately my wife and I can do the things that we love to do, have more leisure time, relax and enjoy spending time in the great outdoors, exploring new countries, hiking in the mountains and volunteer work.

Since engaging CHF more than 5 years ago we have enjoyed significant growth in our investments but more importantly, we have peace of mind and sleep much better at night knowing the team at CHF has our financial back and anything financial they will take care of for us.

I would have absolutely no hesitation in recommending the team at CHF to other career-focused busy professionals who really value their time and lifestyle balance.

Kevin & Sharron, Calgary

Financial industry professionals

Full quote:

Prior to joining CH Financial as a client, I had been partially managing our investments and using a bank-owned broker for many years, with moderate success. When we became clients of CHF, I quickly realized how little I knew about the complexities of managing investments and the importance of seeking out the best specialists in the industry to assist with my family’s full financial picture.

Brian and the team at CHF encouraged us to take an introspective look at our assets and expenditures and even helped us implement a comprehensive budget. The team really stepped up to take care of all aspects of our financial picture, including portfolio design, CH Financial introduced us to a lawyer who took care of everything for us, estate planning and tax, while helping us simplify our financial affairs.

Being of the sandwich generation my wife and I spend considerable time caring for our surviving parents and our grandkids, so

freeing up valuable time is essential to allow us to do the things we love to do. The team at CHF takes care of the details and today my wife and I enjoy a comfortable, stress-free financial situation.

Over the years as a client of CHF, both our portfolio and wealth has grown exponentially, more than we could have ever imagined. Now that we are both happily retired, having the CHF team in our corner helps us to sleep better at night knowing that our somewhat complex financial puzzle is being looked after by a team of people that really care, as opposed to being treated like a number by a big bank.

I would have no hesitation in recommending the CHF team to others looking for a superior financial home in Calgary and a safe place to invest your hard-earned money.

Ian C, Calgary

Comfortably retired thanks to CH Financial