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  • Ben Campbell

Why Insurance?

Updated: Mar 19, 2019



Protect What Matters Most


Planning for your future can be quite exciting! Maybe you’re newly married and thinking of having kids or purchasing your first home, or you’re a little further along and anxiously awaiting that last child to leave the nest. Whatever your situation, it is best to be as prepared as you can, especially for changes that come unexpectedly, and sometimes, unpleasantly.

Have you ever thought about what would happen if you or a loved one died early? Or what if you become disabled or critically ill and require extensive medical care and time off work? Even if it is only temporary, it could cause significant financial strain. You would want to be able to focus on your health and your loved ones and not have to worry about money! These are not fun things to think about, but they are necessary to protect your future and your loved ones!

Imagine you receive two job offers. In each job your responsibilities are exactly the same. Company A offers you a $100,000 annual salary. Company B offers you a $95,000 annual salary, but guarantees that annual salary every year until you retire, even if:


● You have to take a long-term leave to care for a sick loved one

● Become disabled or ill and aren't able to work either temporarily or permanently

● You were to pass away prematurely

That is insurance in a nutshell. By paying a relatively small portion of your income, you can have assurance and financial security for any unexpected future event. When these unfortunate events do happen, you will have peace knowing that you and your loved ones are financially secure. There is enough to worry about in life, especially in difficult times. Why not save yourself the worry of this financial burden?

There are three main types of individual insurance:

● Life Insurance

● Disability Insurance

● Critical Illness Insurance

Everyone’s needs are personal. Your individual circumstances, savings, and lifestyle need to be considered to determine what insurance you need. There is not a “one size fits all” solution. At Camaco we want to work with you to help to determine the type and amount of coverage that is best for your personal situation. No one wants to pay more premiums than necessary and that is why it is essential that we make sure we determine the proper amount coverage and the best market cost that will sufficiently provide for your lifestyle needs!

Your skills and abilities have the potential to earn you millions over your work life. Insurance helps protect your future income by covering the risk of financial loss due to unforeseen crises. Leaving your savings and your loved ones unprotected is a risk that cannot be afforded.

To obtain a personalised risk assessment please go to: http://www.insureright.ca/what-is-your-risk/

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