Insurance   Glossary

FAMILY TERM: Family Term is a flexible, low cost term insurance plan designed to meet traditional family protection needs such as income replacement, mortgage and debt coverage, final expenses and provide funds for children's education

BUSINESS TERM : a flexible, low-cost term insurance plan designed to meet business needs like buy-sell funding, key person coverage and collateral insurance to ensure business continuation.

Living Benefits Insurance:  Is a unique kind of insurance. It pays the benefit to you while you're alive. This is different from life insurance - it pays the benefit to your beneficiary after your death.

Several types types of Living Benefits insurance:

• Disability Insurance
  
• Critical Illness Insurance
  
• Long-term Care Insurance
  
• Health & Dental : supplemental health care  coverage
  

Investments

We at Mid Park Financial, understand that financial needs change over time. That's why we offer a suite of investment products and services suited for every stage of life. From wealth generation and protection, to providing guaranteed income for life, we're with you every step of the way.

Segregated Funds, Mutual Funds, GIF Select, IncomePlus GIF Select 75 Series

ESTATE PLANNING

Estate planning should be a financial priority at almost any stage of life. In fact, an estate plan is absolutely essential for organizing your financial affairs and providing
for the well being of your family members

Simply put, an estate plan is written documentation of how you want your assets to be owned, managed and preserved during your lifetime and how you want them dispersed after your death

To prepare for the last step of life just as you do for other life events along the way, such as selecting a college, planning
a wedding, purchasing a new home and preparing for retirement. Our sole purpose is to provide the information you need to make the most informed decisions about all funeral-related issues, and then put your wishes into action.