Most families are either over-insured in the wrong products or dangerously under-protected. Our analysis-first approach identifies your exact coverage gap — and fills it at the lowest possible cost, using the DIME method and real underwriting data from multiple carriers. Our advisors earn commission on placed policies — we disclose this clearly so you can evaluate our recommendations accordingly.
Insurance advisors earn commission on placed products. We disclose this transparently — and show you how to evaluate any recommendation with that in mind. Here's what the data shows about Canadian coverage gaps.
According to industry studies, a significant majority of Canadian families carry insufficient life insurance coverage relative to their actual income replacement needs, mortgage obligations, and dependent care costs. Source: CLHIA industry data.
Illustrative difference in 20-year wealth accumulation when a family selects whole life instead of term + TFSA — in scenarios where term is the appropriate choice. This figure assumes a $382/month premium difference invested at 7% vs. whole life cash value. Actual results vary significantly.
Canadian workers face approximately a 1-in-3 chance of experiencing a disability lasting 90+ days before retirement, according to industry actuarial data. Disability insurance is often the most neglected coverage in a financial plan.
All outstanding liabilities: mortgage, car loans, lines of credit, credit cards. Cleared on day one of a claim.
10× annual income to replace your earning power — adjusted for your actual marginal tax rate and investment return assumptions.
Full remaining balance — not just current payments. Ensures your family stays in their home regardless of what happens.
Projected post-secondary costs for all dependents, including inflation. Covers what RESP alone cannot guarantee.
Most online calculators use a simple income multiplier. DIME-Plus layers in your actual tax situation, existing assets, inflation projections, and spousal income sensitivity to generate a precise gap number — not a ballpark.
We then run that gap through live underwriting scenarios from multiple carriers to find the lowest-cost structure that fills it completely.
Illustrative finding from our analysis process: Clients frequently discover coverage gaps substantially larger than they expected — and find that the cost to fill them with term coverage is lower than the whole life premiums they were previously quoted.
Term insurance is pure protection — it pays your beneficiary a tax-free lump sum if you die within the term. No investment component, no complexity. Just the coverage your family needs at the lowest possible cost.
At WealthFusions, term is our default recommendation for any client with dependents, a mortgage, or income that others rely on. We run quotes from multiple carriers and model the premium difference invested in a TFSA or RRSP. Our advisors earn commission on placed policies — this is disclosed clearly.
Whole life is not the right product for most families — but it is the right product for specific situations. We recommend it when the analysis supports it: high-net-worth estate planning, creditor protection for business owners, and as a tax-sheltered vehicle for clients who have maxed all registered accounts.
If you're under 60 and working, your future earnings dwarf your current investment portfolio. A disability that ends your career is financially catastrophic — yet disability coverage is the most commonly overlooked protection in a financial plan. We analyze both group benefits and personal disability policies to close the gap.
Disability insurance replaces your income if you can't work. Critical illness pays a tax-free lump sum the moment you're diagnosed with a covered condition — regardless of whether you can work. It covers out-of-pocket costs, home modifications, experimental treatments, and lost time that disability insurance doesn't touch.
We review all existing policies — employer benefits, personal coverage, mortgage insurance — and map the real gaps.
We calculate your coverage gap using your income, debts, dependents, and goals — not a generic multiplier.
We run live quotes from multiple major carriers and model the full 20-year cost of each option — with our compensation disclosed.
Your coverage needs change with life events. We trigger automatic reviews at marriage, children, mortgage changes, and income shifts.
A 34-year-old teacher and contractor husband with 2 kids under 5. Zero life insurance. One accident away from financial crisis. A DIME-Plus analysis identified a $2M coverage gap that their previous conversation with a financial representative had left unaddressed.
Book a 45-minute strategy session. We'll run a full DIME-Plus analysis on your situation and tell you exactly what you need. Our advisors earn commission on placed policies — this is fully disclosed so you can evaluate the recommendation with complete information.