Gurinder Pal Singh
Job title: Financial Planner, Sun Life, RRC®
Languages spoken: English, Hindi, Punjabi
Area(s) served: Ottawa, Ontario
Trustworthy advice you can count on
Your financial strategy should be as unique as you are. Whether you’re just starting out, about to enter retirement, or somewhere in between, a strong financial roadmap can help you reach your short and long-term goals. Let’s work together to protect what matters most to you and help you secure your future. Reach out to get started. Let’s get you there.
Helping people to reach their financial goals
Your financial partner
Financial planning is not just about numbers. It's about crafting a life that aligns with your aspirations, values and unique circumstances. From creating a budget to identifying investments, protection strategies to retirement planning, or anywhere in between, we can work together to create a roadmap that aligns your financial goals with your life goals. We’ll work to make every choice support your desired lifestyle and caters to your specific needs.
For business owner's
My experience in corporate finance/distress debt management and personal finance enables me to comprehend the challenges and concerns of your business and personal goals. I can provide strategic options tailored to help your success. From comprehensive employment insurance plans that help safeguard your employee's well being to strategic integration of dynamic Whole Life Insurance policy with Cash value that helps ensure your legacy lives on, we can curate together the solutions that resonate with your vision.
1. Whole Life Participating Insurance
- Build a tax-efficient retirement plan while maintaining life insurance coverage.
- Unlock access to cash value for business growth, emergencies, or personal goals.
- Simplify funding buy-sell agreements for partnerships, ensuring smooth business transitions.
2. Group Benefits for Employee Retention
- Provide customized health and wellness benefits to reduce employee turnover.
- Strengthen your team’s loyalty with comprehensive coverage options.
- Gain a competitive edge in hiring and retaining top talent.
3. Financial Roadmaps for business owners
- Develop a personalized plan for managing debt, savings, and investments.
- Balance personal and professional financial goals with confidence.
- Navigate succession planning to help ensure smooth retirement transitions.
Special need focus
One of my key drivers is assisting families with special needs children. I understand the intricacies involved in planning for their future. I am dedicated to ensuring their financial security and comfort.
What you can expect
Identifying your needs and goals - Initial informal conversation, where we discuss what we need and why, what we want to achieve and how.
Collection of data - We sit together to know each other better, understand the current situation to create a foundation for a customized plan.
Recommendation and implementation - We'll discuss and review a tailor made plan specific to your needs and goals. Once finalized, the plan is put into action.
Monitoring - We regularly monitor and periodically discuss the progress with you.
Let's connect
Whether you are a new Canadian, a business owner or a family with unique needs, I am eager to get to know you, understand your goals and discuss the action plan to help make your dreams a reality.
My office is in Ottawa, Ontario. We can connect through zoom or in-person to get to know each other better.
Products and services
Health insurance products
Life insurance products
Saving, budgeting and investing
Stay informed
See more articlesScript: How much life insurance is the right amount? Simply put, the amount of life insurance you need depends on your unique situation. A good place to start is to figure out how much life insurance you may need… how long you need it for… and what kind might be right for you. Let’s look at an example: Jackie is 33 years old… and has two kids. She has four goals for her life insurance: Leave money to her family to pay off her mortgage. Top up her kids’ registered education savings plans. Pay off her student loans. And, replace her income for 10 years. Based on these goals, Jackie is looking at a 1-million-dollar life insurance policy. If she died, her family could choose to use the insurance payout to: Put 300-thousand dollars toward the mortgage. Add 60-thousand dollars to the kids’ RESPs. Pay off her 40-thousand-dollar student loan. And… cover the family’s ongoing costs with the remaining 600-thousand dollars. How much do life insurance payments cost per month? In Jackie’s case, a 1-million-dollar, 30-year term policy for a non-smoking, 33-year-old woman… could cost about 80-dollars per month. For a man of the same age, it’s closer to 110-dollars per month. How long do you need your coverage to last? For a younger person… or a couple with debt and a mortgage, a 30-year policy or longer may be suitable. For someone in their forties… with little debt and a small mortgage… a 20-year policy might be the right fit. What are your options? Your employer may offer life insurance through your employee benefits. But… it may not be enough. And you can lose that coverage if you change employers. You may want to consider more life insurance. In which case, you have two types to choose from: Term life insurance. And… permanent life insurance. Any amount of life insurance can help give your loved ones some financial security when you die. Your unique situation will inform the amount and type of insurance you need. For more tips and tools, visit sunlife.ca.
1. Have my financial goals changed?
2. Do I have a diversified portfolio?
3. How comfortable am I with risk?
You may be better off staying the course and sticking to your original plan if: Your goals haven't changed, and You have a diversified portfolio. Remember, history tells us that markets grow over the long term. Still worried? Let’s chat.
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Reach out to discuss your options and set up an insurance plan that helps meet your needs.