Learning how insurance works takes the mystery out of this important industry. It's vital to know the basic concepts of coverage because being aware of what's available and how it works can have a major impact on choices and advice. Armed with this knowledge, Advisors will be able to determine the right policies that will protect lifestyle, assets, and property.
The session will be full of interesting and valuable answers to questions such as:
- Why does life insurance have so many tax advantages?
- How does life insurance (really) work?
- How do insurance companies make money?
- What are the pros and cons of donating life insurance?
- How do I evaluate an insurance proposal?
- What are the main sound insurance strategies?
- What goes wrong with insurance?
- How can insurance literacy be improved?
- What’s the effect of COVID-19 on insurance products?
About the presenters:
Promod Sharma, FSA, FCIA, FEA - Taxevity Insurance
Actuary, Insurance Consultant, Family Enterprise Advisor
Promod became an actuary at Metropolitan Life, developed life/health products at National Life and supported leading advisors at Industrial Alliance. He became independent in 2009 to help advisors help their clients harness the unique protection and tax advantages of carefully-constructed life insurance strategies.
Fellow of the Society of Actuaries, 1993
Fellow of the Canadian Institute of Actuaries, 1993
Family Enterprise Advisor, 2018
As part of his ongoing education, Promod is a member of the Estate Planning Council of Canada, the Estate Planning Council of Toronto and the Canadian Association of Gift Planners.
Jeevan Sharma, CFP - Taxevity Insurance
Assists professionals in getting the life and health insurance they need to safeguard themselves and their families from the uncertainties of life. He takes the lead in creating insurance market scans, proposals and spreadsheets for clients, developing presentations for marketing and educational purposes, drafting letters to clients, obtaining information from clients, scripting, filming and editing videos for the business, and drafting newsletters.
Registration $15 - Limited complimentary registration for first-time guests.
No charge for EPC Canada Members.