Build and Preserve Your Legacy

Financial SERVICES

Ferrari & Associates Insurance and Financial, we understand that navigating the world of insurance and financial planning can be complex. Whether you’re securing coverage for your home, business, or valuable assets, or planning for long-term financial stability, having expert guidance can make all the difference. That’s why we offer a range of personalized consultation services tailored to your unique needs—whether you’re an individual, a business owner, or a high-net-worth client looking for comprehensive protection and wealth management solutions.

Our expert financial advisors are here to help you make informed decisions, ensuring that your policies and financial plans align with your goals and provide the security you need. Whether you’re reviewing an existing policy, setting up a new one, making changes, or seeking risk management solutions, our dedicated team is ready to assist you every step of the way.

Trust Ferrari & Associates

Personal Life Insurance Experts

We help individuals and families across Canada navigate life insurance decisions with clarity and confidence. Whether you’re planning for the future, protecting dependents, or structuring an estate, our expertise ensures that your policy works for you—not just today, but for years to come.

Individual Life Insurance

Individual Life Insurance is a financial product and a promise to protect the people who matter most, and their legacies. Whether you’re looking for short-term affordability or lifelong coverage, Ferrari & Associates provides customized life insurance solutions to fit your needs.

Term Life Insurance: Affordable and straightforward, term policies provide coverage for a set period—typically 10, 20, or 30 years—offering financial security for your loved ones during key life stages. Term-10, Term-20, Term-30 Insurance are a few of the flexible life insurance options to align with your financial goals, whether you’re insuring a mortgage, protecting young children, or ensuring long-term stability.

Permanent Life Insurance: Designed for lifetime protection, these policies build cash value over time, making them a valuable financial planning tool in addition to providing coverage.

Protect your legacy, secure your family’s future, and plan with confidence.

Key-Person Insurance

Every successful business has key individuals whose expertise, leadership, or client relationships are essential to its operations. When an owner, executive, or top performer is unable to work due to death or critical illness, the financial impact can be significant.

Key-person insurance helps businesses manage this risk, providing a financial cushion to keep operations stable during transition. Ferrari & Associates works with business owners and top executives to structure key-person policies that ensure continuity. A lump-sum payout can be used to cover lost revenue, recruit and train a replacement, or reassure investors and stakeholders that the company remains on solid footing.

Key-person insurance is a vital risk management tool for companies of all sizes. It’s not just about protecting the business—it’s about ensuring long-term success, no matter what challenges arise.

Your business depends on its key people. Make sure it’s protected.

Critical Illness Insurance

A serious critical illness can change everything—your health, your lifestyle, and your financial security. The financial burden of recovery from stroke, heart attack or cancer remains a significant challenge. Critical illness insurance ensures self-employed, high-income earners, or simply those want to protect their family’s financial future, have the resources to focus on your health, rather than worrying about expenses.

A lump-sum payout allows you to cover medical costs not included in provincial healthcare, supplement lost income, or even explore alternative treatments.

Critical illness insurance is designed for everyone; our policies are flexible, with coverage options tailored to your needs, including single and multi-condition policies. From initial diagnosis through recovery, we help ensure that financial concerns don’t stand in the way of getting the care you need.

Protect your health, your income, and your future with a plan that puts you first.

Employee Group Benefits

A competitive employee benefits plan is an essential investment in your team’s well-being, productivity, and long-term retention. Whether it’s healthcare, dental, vision, disability, or wellness programs, employee group benefits provide the support your workforce needs to stay healthy, motivated, and financially secure.

Unlike individual benefits plans, group benefits offer comprehensive, cost-effective coverage, ensuring that employees and their families have access to affordable healthcare, prescription medications, and financial protection in the event of illness or injury. Whether you’re a small business looking to attract top talent or a large corporation enhancing your employee experience, our group benefits solutions provide customized coverage, flexible plan options, and expert administration support.

Coverage can include extended health and dental care, prescription drug plans, mental health support, disability insurance, life insurance, and wellness initiatives—all designed to support your employees and keep your business thriving.

Employee Group Pensions

A group pension plan is a retirement savings tool and a powerful way to attract, retain, and reward employees while helping them build long-term financial security. A well-designed group pension plan ensures your team has the resources to retire with confidence.

Unlike personal savings, group pensions offer tax-advantaged growth and employer contributions, making it easier for employees to accumulate wealth and secure their retirement income.

Whether your business is looking for a Defined Contribution (DC) plan, Group RRSP, or a Pension Matching Program, our solutions provide flexibility, professional fund management, and a seamless administrative experience for both employers and employees.

Contributions can be used for long-term retirement savings, wealth accumulation, investment growth, and financial security for life after work.

Disability Insurance

Your ability to earn an income is one of your most valuable assets. If an injury or illness prevents you from working, disability insurance provides financial stability so you can focus on recovery without worrying about your lost income.

Ferrari & Associates offers short and long-term disability insurance solutions. Short-term disability insurance provides immediate support for temporary injuries or illnesses, bridging the gap until you return to work. Long-term disability insurance is designed for more serious conditions that prevent you from working for an extended period, ensuring ongoing financial security.

Because your income powers your exceptional lifestyle—protect it with confidence.

Estate Planning

A well-structured estate plan ensures that your wealth is distributed according to your wishes while minimizing tax burdens and legal complications for your loved ones.

Our financial planning team takes a strategic approach to estate planning, working alongside legal and financial professionals to develop a plan that reflects your priorities.

Whether you need a trust structure, succession plan for your business, or guidance on minimizing estate taxes, we provide solutions tailored to your unique circumstances.

Our estate planning services include will and trust planning, business succession and wealth transfer, tax minimization strategies, charitable giving and legacy preservation, estate settlement and executor guidance.

Your vision. Your values. Your legacy—protected.

Final Expenses Insurance

End-of-life expenses can place an unexpected financial burden on loved ones, but final expenses insurance ensures that funeral costs, outstanding debts, and other obligations are taken care of.

Unlike traditional life insurance, final expenses insurance policies are designed to provide a quick, tax-free payout to cover immediate costs, easing the financial strain during a difficult time.

Whether you’re planning ahead to relieve your family of financial concerns or seeking coverage for an aging parent, our policies provide affordable, guaranteed protection with simplified underwriting.

Coverage can be used for, funeral and burial expenses, medical bills and outstanding debts, estate settlement costs, charitable donations or legacy planningYou can ensure that your loved ones are financially supported when they need it most.

A thoughtful plan today means less worry for tomorrow.

Life insurance, critical illness and financial advisory services are all just a click or call away.

Trust Ferrari & Associates

Understanding Term Life Insurance

The best term life insurance policy depends on your financial goals, family obligations, and long-term planning needs. If you need affordable and predictable coverage, a level-term policy is a solid choice.

If you anticipate needing coverage beyond your initial term, a renewable policy provides flexibility. If you want the option to convert to permanent coverage, a convertible policy allows for future planning. Those with specific financial liabilities, like a mortgage, may find decreasing term coverage useful.

Young Families & New Parents

Parents with young children often choose term life insurance to ensure that their family’s financial future is secure if something happens to them. A term policy can help cover major expenses such as:

Mortgage payments
Childcare and education costs
Household expenses and daily living costs
Replacement of lost income

Since term life insurance is more affordable than permanent life insurance, young parents can get higher coverage amounts for a lower premium, ensuring their dependents are protected through their most vulnerable years.

Business Owners & Entrepreneurs

Business owners who have loans, business debt, or financial obligations often use term life insurance to protect their business and partners. It can be used to:

Cover outstanding business loans
Fund a buy-sell agreement in case of a partner’s passing
Provide a financial cushion for the business to continue operating

A properly structured term life insurance policy can safeguard business continuity and protect the financial interests of employees, partners, and shareholders.

Homeowners with Mortgages

For individuals or couples who have recently purchased a home, term life insurance can be a cost-effective way to protect against mortgage debt.

A 20- or 30-year term policy can align with the length of a mortgage, ensuring that loved ones can remain in the home and won’t be financially burdened if the policyholder passes away.

People Looking for Income Replacement

For individuals who are the primary earners in their household, term life insurance ensures that their loved ones can maintain their lifestyle if they pass away.

The death benefit from a term policy can replace lost income for a set number of years, giving beneficiaries financial stability and time to adjust.

People with Short-Term Financial Obligations

Some individuals may not need lifelong coverage but want protection for a specific period, such as:

Covering student loan or personal debt
Ensuring financial support until children become independent
Protecting a spouse’s retirement savings until they can claim benefits

A term policy allows for targeted coverage without committing to higher premiums for a permanent policy.

Individuals who want Affordable Coverage Now

One of the biggest advantages of term life insurance is its affordability compared to permanent life insurance. For individuals who want coverage but are on a budget, term life allows them to secure a significant death benefit at a fraction of the cost of whole life or universal life insurance. Many people choose term life insurance when they’re younger and upgrade to permanent life insurance later if their needs change.