At Legacy Life, we operate as an independent broker, giving us the flexibility to offer a diverse range of insurance products from multiple carriers. This independence enables us to find the best policy tailored to your unique needs, budget, and preferences. Unlike bigger brand firms that typically sell only their own products, we prioritize providing you with more choices and better options.

 

We take the time to understand your individual circumstances, financial goals, and future needs. By customizing solutions that work best for you, we ensure a truly personalized experience. In contrast, larger firms often rely on standardized approaches, offering less flexibility in tailoring policies to fit your specific situation.

 

Brokers can help you switch carriers or adjust your coverage over time as your life circumstances change. If you find a better option elsewhere, they can facilitate the transition without bias. Larger firms typically prefer to keep you locked into their products, making switching more challenging.

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The average age of financial advisors are estimated to be between 45 and 55, 16 per cent of Canadians consider themselves very knowledgeable about life insurance.

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44 per cent of Canadian parents who have life insurance through work rely solely on this coverage (rule of thumb, you need approx. 5x your salary).

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Approximately 50% of working-age Canadians are at risk of not having enough retirement income to maintain their pre-retirement standard of living. The report also found that many Canadians are not saving enough for retirement, with 47% of households reporting that they are not saving anything for retirement.

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While many Canadians understand basic concepts like budgeting, saving, and debt management, areas like investing, retirement planning, and tax optimization remain challenging.

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Studies like the Canadian Financial Capability Survey (CFCS) indicate that a significant number of Canadians feel somewhat confident in their financial knowledge but often fall short in applying that knowledge effectively.