Financial Services

Tripemco Financial Services is proud to offer a diverse range of financial products and services which support businesses, families and, individuals with their risk management needs.

Life-Insurance-Financial Services

Life Insurance

Life insurance can ensure the financial security of the people you care about by providing a tax-free payment after you die. We will help you determine the amount and type of coverage you need, depending on your circumstances. Arranging financial protection in the event of death is a key component of your overall financial risk management. Your ideal coverage may include a wide range of versatile products, from final expense and debt management to wealth and estate conservation.

Critical Illness - Financial Services

Critical Illness Insurance

Critical illness insurance helps manage your financial risks in the unfortunate event that you are diagnosed with a serious condition. Your contract may cover you for more than one of 25 covered conditions, which may include cancer, heart attack or stroke. This coverage allows you the opportunity to make meaningful decisions about your recovery on your own terms, without you or your loved ones having to worry about your finances. Your coverage may also include other types of support.

Disability Insurance - Financial Services

Disability Insurance

In the event that your ability to earn an income is taken from you by injury or illness, disability insurance provides financial protection for you and those you support. The duration of a disability may be either short or long. While group benefits provide some coverage, we work with our clients to make sure their coverage is adequate, giving them options to top-up coverage where needed, or simply understand what to expect from their current carrier in the event of a claim.

Group Benefits

Offering employee benefits is a key way to support the health and happiness of your employees, and it is one of the best ways to attract top talent to your organization. Tripemco Insurance Group provides comprehensive and competitive employee benefit packages and group RRSP and pension plans for companies of all sizes. We utilize innovative approaches and attention to detail to deliver affordable insurance solutions, while maintaining quality, customer service and support. Plans may include:

 
  • Life insurance
  • Accidental death and dismemberment (AD&D)
  • Disability insurance
  • Critical illness insurance
  • Extended health care (including prescription and vision)
  • Drug plan management
  • Dental care
  • Travel insurance
  • Voluntary benefits
  • Health spending accounts (HSAs)
  • Employee assistance programs (EAP)

Estate Planning

Estate planning is preparing for the desired transfer of your assets at death, or proper management of your assets during a period where you are incapacitated. Our services help to make sure that your assets are managed according to your wishes, including planning to minimize estate and other taxes, to bypass probate, and to ensure professional investment management for yourself and beneficiaries. We provide estate planning services in conjunction with succession planning for business owners.

Succession Planning

Succession planning is a process to effectively transition operations, management, and ownership of a business to partners and/or successor owners. This process may involve assessing and refining the future needs and vision of a business, developing leadership positions, skills, and pathways for successors, and assessing the viability of business under control of prospective leaders and owners. We provide succession planning services in conjunction with estate planning for business owners.

Shareholder Business
Buy-Sell Arrangements

Ensuring the longevity and viability of your company is a critical part of your planning. It is not uncommon for business partners to change their perspectives about their participation in a business, which prompts deciding on new paths forward. For example, a partner may die or face a life changing event. In any circumstance of significant change, a buy/sell agreement can protect your business by outlining plans for different scenarios concerning the ownership and the operation of your business.

Travel Insurance

Travel insurance is intended to cover medical expenses, trip cancellation, lost luggage, flight accident, and other losses incurred while traveling, either nationally or internationally. It can usually be arranged at the time of the booking of a trip to cover exactly the duration of that trip, or a “multi-trip” policy can cover an unlimited number of trips within a set timeframe. Whether you are a student, business traveller, family with kids, or a senior seeking medical coverage, we can support you with the right travel insurance.

Participant Liability Insurance

This offering provides coverage in a number of sports and leisure activities for participants and volunteers. It ensures that you, as an operator, are covered in the event of an accident from which a claim is pursued against you, in the event that your general liability coverage does not cover this circumstance.

Product Liability Insurance

Our product liability insurance makes sure that you are covered from any losses that result from third-party claims as a result of injury or property damage suffered due to a product you have sold to them.

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