Insurance - Life | Wyatt Dowling Insurance Brokers

Life insurance

With Wyatt Dowling Insurance in Winnipeg, you’ll know both your possessions and future is secure.

Protect those you love. Talk to our expert brokers to ensure you and your loved ones are well looked after. We have the right knowledge and advice to guide you in the months and years ahead.

Through our network of licensed insurance experts, we offer life and financial services.
With life insurance, you’re ensuring you’re able to continue your lifestyle and standard of living in either personal or business life. At Wyatt Dowling, we offer the following products:

Term
Permanent (Whole Life)

There are many variations and policy types available to you. Our experienced team is here to assist you in securing the right policy suited to your insurance needs.

Coverage Types

Life Insurance

Life Insurance provides savings and financial security for your loved ones in the event of your death. The policy you purchase can be used to provide sufficient cash to your surviving family to continue your current standard of living, as well as help pay off outstanding debts.

Disability Insurance

Disability, serious illness or injury can occur at any time to anyone and can make you unable to work. This can create major debt for yourself and/or your business as you will have no alternate income. With disability insurance, you’ll access a monthly income to help pay ongoing expenses. This coverage is valuable to:

A business owner with no disability coverage.
Individuals with no coverage.
Business owners will want to consider having some disability coverage. A serious illness or injury can greatly affect ongoing expenses which can result in:
- Loss of income/revenues.
- Shortfall on payments.

Health and Dental Insurance

Health and dental plans are designed to cover healthcare needs and prescription drugs. Under provincial health care plans, you may not always be covered for all expenses incurred with health and dental. We’ll find you the best coverage to fit your healthcare needs. Individual health & dental insurance is valuable to everyone, but is strongly recommended for the following individuals:

Retirees
Self-Employed Individuals
Professionals not covered by their employer
Individuals in between jobs
Students with no current plan
Part-time workers

Group Insurance

Some workplaces offer a group benefit plan intended to minimize the costs of healthcare expenses for you as an employee. Group Insurance provides value to you as well as your employer. These benefits include:

Value to Employee:

Employer pays part or all of the cost
Financial security for family
Allows conversion to individual/personal contracts
No need to use after-tax money to purchase various types of insurance policies
Usually does not require medical evidence
Less expensive than an individual insurance policy
Access to a variety of products

Value to Employer:

Tax Deduction
Cost effective protection
Establishes a company policy
Flexible offerings
Improves employee morale, productivity and efficiency
Retain and attract good employees

Tips when it comes to choosing what coverage is best for you

Every person and family will have requirements based on different factors including income, children/dependents, your values and goals. All factors come into consideration when determining your life insurance needs.

Are your needs for short term or long-term goals?
- Mortgage, loans & education funds are all short-term goals.
- Funeral expenses, estate taxes & survivor income are all long-term goals.

Do you have any current coverage in place?
What value of assets do you have that can be converted to cash upon death?
- Assets that can be converted to cash upon death can help a surviving spouse financially.