Financial education enables people from all walks of life to realize their financial dreams.  WFG Securities of Canada has a vast network of associates.  Clients work with the same associate to learn how to follow proven financial practices.  Once the adults learn to manage money, those same practices can be taught to the next generation.

• What WFG Securities of Canada does – Educating clients is the responsibility of associates who have implemented the same sound concepts in their personal finances.  The Financial Dream Map serves as the roadmap for clients and associates alike.

• Why WFG Securities of Canada exists – Individuals and families learn how to manage their money and select beneficial financial instruments.  As family situations change, the client works with the associate to make adjustments to support the long-term goals.

• Proven financial concepts – Clients learn the meaning of financial terms while implementing best practices for managing their household budget.  Preliminary steps are executed well to prepare for future decisions.

• Six steps to freedom – Assessment of the current situation is followed by insuring against loss and repaying all debts early.  These foundational steps lead the way to reaching financial freedom.  WFG Securities of Canada encourages clients to ask questions until understanding is attained.

One of the most important aspects of a financial plan constructed by a World Financial Group (WFG) associate and a client is the inclusion of various insurance instruments. Once the client has assessed their original financial position and made some changes to their spending habits, the next step is to mitigate the risk of loss of the primary wage earner. Life insurance policies come in many forms that offer various levels of protection, and some have an investment option.

Indexed Universal Life insurance policies have two investment funds that turn this type of policy into a hybrid. One of the investment funds offers a fixed rate of return while the other investment fund, called the equity index, is tied to one of the stock indices, such as the Nasdaq 100 or the S&P 500. The amount of money in the fund is invested in the index and grows according to the market performance.

This type of insurance is not considered to be very expensive because the fund itself does not have a manager. An appealing aspect of Indexed Universal Life policies is that they are considered safer than other types of policies with investment funds. When this type of life insurance policy is used as part of the overall financial plan, the insured will have the benefit of a death benefit that will be paid to the beneficiary as well as a cash value. Some investors use the cash value on an insurance policy as a safety net against emergency expenses.

Associates with WFG have access to detailed policy information that can assist clients with the final decision to include this type of policy in their portfolio. Each insurance company will offer different death benefits and premium schedules, so research is an important part of finding the right insurer. If a certain associate does not have experience with this type of insurance instrument, more experienced leaders can answer questions for the client.

WFG strives to teach every client about every possible approach to insuring against loss. Careful consideration must be given to the needs of the family when setting the amount of the death benefit. Financial plans do not have to be derailed when major life events change the course of the household. Life insurance has multiple roles within the financial plan, and the WFG associate is willing to teach every client the best ways to make important decisions concerning life insurance.