Financial Services in Toronto: TFSA, RRSP and More
Plan your financial future with confidence
Insurewise goes beyond insurance. Alongside coverage, we can talk with you about savings and investment options, such as a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP). We are an independent brokerage in North York, Toronto.
What can be offered depends on licensing and the product, so call us and ask what fits your goals.
Financial services alongside your insurance
Many of our clients start with insurance and want to talk about savings too. We can go over savings and investment options with you, in plain words, and point you to what may suit your goals.
We do not make promises about returns. Every savings or investment product has its own terms and risks, and we will explain them before you decide.
Savings and investment options we can talk about
Here is a short, general description of each. Ask us which of these are a good fit for you.
TFSA
A Tax-Free Savings Account is a registered account where investment growth and withdrawals are generally tax-free. There are yearly contribution limits set by the government.
RRSP
A Registered Retirement Savings Plan is a registered account for retirement savings. Contributions are generally tax-deductible, and withdrawals are generally taxed as income.
How this works with insurance
Insurance and savings do different jobs. Insurance is there to protect your family and finances if something unexpected happens. Savings are for the goals you are working toward, like retirement.
Looking at both together can give you a clearer plan. Many people start with life insurance to protect the people who depend on them, then talk about savings from there.
Getting started
Call us or send a message to book a conversation. Tell us what you are working toward. What we can offer depends on our licensing and the product, and we will be upfront about that. Nothing is guaranteed.
You can also read more about Sajad or contact us directly.
Coverage, eligibility and pricing depend on the insurer's underwriting and the policy wording. Information on this site is general and is not a quote or a policy.
Financial services questions
Still wondering about something? Call 416-383-0901 and ask, or see our contact page for the address and email.
With a TFSA, growth and withdrawals are generally tax-free. With an RRSP, contributions are generally tax-deductible and withdrawals are generally taxed as income. Each has its own limits and rules. The Government of Canada website explains both in detail, and we can talk through which suits you.
It depends on our licensing and the product. We can talk with you about savings and investment options like a TFSA or RRSP. Call us to ask what is available for your situation, and we will tell you plainly what we can and cannot help with.
No. We do not promise returns. Savings and investment products have their own terms and risks, and we will explain them before you decide. Please read the product details carefully.
Sources: CRA, TFSA, CRA, RRSPs and related plans
Talk to Sajad about financial services
Tell us what you are saving for. We will get back to you and explain what we can offer.