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The opinions expressed in this article are of the fund company that owns this content and do not constitute professional advice or recommendation, nor do they reflect the official position of Sun Life. Please seek advice from a qualified professional, including a thorough examination of your specific legal, accounting and tax situation.

Exciting news! Sun Life launched a new GenAI-powered Notes Assistant tool for advisors.

Powered by GenAI, this tool efficiently and safely summarizes Client meetings and outlines action items. As an advisor, this allows me to spend less time taking notes, and more time on what matters most – helping Clients achieve lifetime financial security and live healthier lives.

This is one example of how Sun Life is embracing the power of technology to make life brighter for advisors and Clients.

Want to learn how this can benefit your financial journey? Let's chat about your goals and how I can help you achieve them.




Transcript: Say hello to Sun Life’s new Notes Assistant created for advisors powered by GenAI. Key features: Meeting summaries, Action items, Draft emails. 100% of advisors saved over 15 minutes per meeting. 65% of advisors saved over 30 minutes per meeting. Harnessing GenAI so advisors can spend less time on note taking and more time helping Clients achieve lifetime financial security and live healthier lives.

How much life insurance is the right amount? Let’s set up some time to discuss the details such as how long you need it and what kind might be right for you. You can walk out feeling more confident and educated on your options.


Script: 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.

Here’s where travel insurance from our partner Allianz Global Assistance may help.
• Out-of-province medical expenses: Services, such as specialized care, surgeries and diagnostic tests may not be fully covered. Prescription drugs or other critical care may only be partially reimbursed.
• Emergency transportation: Air or ground ambulance services are often not fully covered by provincial health plans. This could be an expensive gap in your provincial coverage.
• Trip Cancellation and Interruption: Even costs to travel within Canada can add up, so you’ll want to protect your trip investment in case something unexpected happens like illness or bad weather.
• Lost or Delayed Baggage: If your luggage takes a different route, you’ll want to replace the essentials and continue on without missing a beat.
Talk to us about your next Canadian adventure. It’s worth protecting, eh?

Do you have the best life insurance for your life stage? Experts say young Canadians are often underinsured. Here’s how to choose the right coverage. Reach out today for a review of your existing plans!

Now retired, how do we withdraw funds without running out of money?

Reach out today and I can assist you with your retirement income questions.

Gen Z women and 58% of Millennial women consider their parents a trusted source for money advice giving room for inherited financial mistakes to happen

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The opinions expressed in this article are of the fund company that owns this content and do not constitute professional advice or recommendation. Please seek advice from a qualified professional, including a thorough examination of your specific legal, accounting and tax situation.

Sticking with a retirement investing plan during times of volatility. While it can be worrisome to see markets drop around 10 per cent in a matter of days, experts emphasize the importance of not making any rash moves.

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