Risk Management for Family

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Risk Management for Family

In addition to taking care of the risks your business can face, it is important to ensure that your family is taken care of in the event of a death or disability. Life Insurance and Living Benefits Insurance provide protection for your family, giving you peace of mind.

Life Insurance


  • Estate Preservation

    Life Insurance provides your family with the money needed to pay final expenses, tax liabilities and other estate administration costs so the estate’s assets don’t have to be eroded or borrowed against.


  • Family Legacy

    Leave a legacy for your family, ensuring that they have enough funds to maintain the same lifestyle and standard of living and to replace your lost income when you pass away.


  • Charitable Giving

    Proceeds from your Life Insurance benefits can be used to leave a legacy to your favourite charity. You may be able to deduct some of the premiums from your taxes as well.


  • Pay Off Debt

    The proceeds from your Life Insurance policy can be used to pay for a temporary or long term debt need for your survivors, such as a mortgage or business loan, if you pass away.


  • Supplemental Retirement Income

    The cash value of your Life Insurance policy can be used to help fund your retirement income.


  • Collateral

    The funds in your Life Insurance policy can be used as collateral for a consumer loan.


  • Children

    The money from your Life Insurance policy can be used to help fund your children’s education.


Living Benefits Insurance


  • Disability Insurance

    • Replace lost income while you are not working
    • Protect your retirement savings and investments from erosion

    • Long-Term Care Insurance

      • Pay for private in-home nursing care
      • Pay for the cost of an assisted living facility
      • Protect your retirement savings

  • Critical Illness Insurance

    • Renovate your home to accommodate for any special needs
    • Pay down outstanding debts such as a mortgage, loans or credit cards
    • Choose alternative drug and treatment options that are not covered by your extended or 
      provincial health care plans
    • Pay for additional personal services such as homecare or child care
    • Pay for lost income for yourself or your spouse if they take time off work to help you recover
    • Protect your retirement savings/investments
    • Maintain your family lifestyle

Life Insurance and Living Benefits insurance are crucial in ensuring your family will not see their standard of living reduced in the event of a death, disability or serious illness. At Ciccone / McKay Financial Group, we assess your family’s risk management needs, and help you to implement a plan that will protect your family against the unexpected.



  • “In the past, I had never given my financial portfolio much thought. Anthony taught me the importance of having a balanced financial portfolio and made me more aware of areas of my life that needed attention. He explained the philosophy in a way that was not too pushy or aggressive, but more informative. The two concepts of the Ciccone/McKay philosophy that influenced me the most were the areas of risk management and investment strategies.

    Working with the Ciccone/McKay team has given me security knowing that my family will be taken care of and protected should anything happen to me. I trust Anthony to handle all of my RRSP contributions and to decide where they should be invested - something I would not let just anybody do. I trust Anthony and I know that he handles my money as if it were his own.

    From the moment I met Anthony, I knew he was a good person and someone I could trust. I would not hesitate to recommend him to anybody I know and have already recommended him to several of my friends.” 

    John Matak - Coquitlam,BC

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Contact Us Today

Email us at info@ciccone-mckay.com or call us: 604-688-5262

About Ciccone/Mckay

Ciccone/McKay Financial Group is an independent financial services firm with over 75 years of combined experience in the areas of risk management, wealth management and employee benefits.


We specialize in providing insurance and investment solutions for our clients, helping businesses, individuals and families grow, manage, protect and transfer their wealth.

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Contact Us

  • Ciccone/McKay Financial Group
    Suite 360 - 1095 West Pender Street
    Vancouver, British Columbia
    V6E 2M6