Insurance Myths, Insurance Types & Options; Taxation Issues
This comprehensive session explores the purpose, types, and considerations of life insurance, providing a clear understanding of why insurance is a vital part of long-term financial planning. The course begins with an overview of the core reasons for life insurance, followed by an in-depth examination of Term vs. Permanent insurance and the variations within each category.
Participants will also gain insight into policy options, customization features, and the tax implications of life insurance. Whether you're new to the topic or looking to expand your knowledge, this course offers valuable perspectives on protecting both assets and loved ones.
Included is a companion presentation titled "Why Insure," which discusses the broader significance of insurance across areas such as home, auto, business, and personal life—with a special emphasis on recognizing the importance of valuing and insuring your own life and financial future.
Dave Sharp graduated from U. of Toronto in 1975. After spending 18 years in the Industrial Chemical field and working his way up to VP of Sales & Marketing, he moved into the Financial Field in 1993. Since then, he has been a strong promoter of financial education and realizes the importance of continuing education. He achieved his Certified Financial Planners (CFP) designation in 2001 and since that time, completed his Elder Planner Counsellor (EPC), and his Certified Estate Advisor (CEA). From 1993 through 2009, he assisted his wife who had her own Bookkeeping practice and so, Dave is well advised in the income tax field for both individuals and business owners. His family’s firm, Lighthouse Wealth Management has been recognized as a leading contributor in Eastern Ontario for many years now.
