Comprehensive Insurance and Wealth Management Services
Covering the full lifecycle protection needs of individuals, families, and businesses, with preferred products from leading financial institutions
Personal Insurance Products
Customized insurance solutions for individuals and families
Personal Life Insurance
Personal life insurance is the cornerstone of family financial security. Whether it's term life or whole life insurance, we can match you with the best options from multiple providers based on your family structure, liabilities, and long-term goals.
- Term Life Insurance
- Whole Life Insurance
- Universal Life Insurance
- Estate Planning
- Flexible Premium Options
Financial and Retirement Planning Products
Providing you with solid planning tools to grow your wealth and enjoy a comfortable retirement
Registering an Education Savings Plan (RESP) is the optimal way to save for your children's higher education. The government provides educational grants each year to enhance your investment benefits. We help you choose the right RESP type to maximize government subsidies.
- Government grants up to $500 annually (CESG)
- Individual and family plans
- Flexible investment portfolio options
- Flexible beneficiary changes
- Reduce risk with principal-protected funds
Group Insurance and Employee Benefits Plans
Providing a comprehensive benefits system to attract and retain talent for business owners and employers
Group Insurance Plans
Provide employees with group life insurance, disability insurance, and health insurance to achieve broader coverage at a lower cost, enhancing employee sense of belonging and loyalty.
Employee Retirement Plans (Group RRSP / DPSP)
Help employers establish group retirement savings plans for employees, improve benefits competitiveness, and enjoy tax advantages, achieving a win-win situation.
Mortgage Insurance
When misfortune occurs, mortgage insurance ensures your family won't face mortgage pressure due to loss of income, making home a forever safe haven.
Group Medical and Dental
Offer a unified medical and dental benefits plan for all employees, flexible and adjustable to meet the needs of businesses of different sizes.
Service Consultation Plans
Free Initial Consultation
Understand your basic insurance and financial planning needs, providing preliminary plan suggestions
- 30-45 minute phone or video consultation
- Personal protection needs assessment
- Product type introduction
- Preliminary plan comparison
- No obligation or pressure
Personal Comprehensive Planning
In-depth comprehensive personal and family insurance and financial planning design
- Comprehensive financial status analysis
- Multi-institution product comparison
- Personalized plan customization
- Complete protection gap analysis
- Retirement planning advice
- Ongoing follow-up service
Business and Group Plans
Design complete employee benefits and group insurance plans for business owners and employers
- Comprehensive business needs assessment
- Group insurance plan design
- Employee retirement plan setup
- Multi-institution quotation comparison
- Plan implementation support
- Annual plan review
Frequently Asked Questions
The coverage amount depends on your household income, debts (such as mortgage), number of children, and future goals. It is generally recommended to have 10-15 times your annual income, but each person's situation is different. Our advisors will help you determine the most suitable coverage amount through a free needs analysis.
RESP is a tool for saving for children's education, with government grants (CESG); RRSP is for personal retirement savings, with contributions deductible from taxable income for the year. Both offer tax advantages, suit different financial goals, and can be held simultaneously.
Segregated Funds are governed by insurance regulations, offering maturity principal protection (usually 75%-100%), and in the event of death, can directly bypass the will to pay designated beneficiaries, potentially providing creditor protection. Regular mutual funds do not have these insurance features.
It is highly recommended to have personal insurance in addition. Group insurance through your employer typically has limited coverage and becomes invalid if you leave or change jobs. Personal insurance is not affected by employment status, providing more stable protection and higher coverage amounts.
Of course. Citistar Financial has a dedicated office in Vancouver (British Columbia), where you can meet in person or consult by phone or video, enjoying the same professional service as clients in Ontario.
Whether a medical exam is required depends on the type of insurance you apply for, the coverage amount, your age, and health status. Some small or simplified underwriting products do not require a medical exam. Our advisors will recommend the most suitable application method based on your specific situation.
Ready to start your coverage planning?
Contact Citistar Financial, schedule a free consultation, and let our experienced advisors tailor the most comprehensive insurance and financial planning solutions for you.