In an instant, life can change. A diagnosis. An accident. A business disruption. Insurance isn’t about dwelling on worst-case scenarios—it’s about protecting the life you’ve worked so hard to build. At Deacon Wealth Management, we see insurance planning as a powerful tool for resilience, continuity, and peace of mind.
Whether you’re safeguarding income, protecting your family, or planning for the next generation, we build insurance plans that empower you to move forward with confidence—no matter what life throws your way.
Life insurance: protection that goes beyond the payout
Life insurance is more than a cheque—it’s a lifeline. It helps a spouse stay in the family home. It funds a child’s education. It protects a business partner’s future.
For high-net-worth individuals, life insurance also plays a critical role in estate preservation, tax efficiency, and business continuity. It’s a foundational tool to ensure your wealth flows where you want it to—not where the government decides.
We help you structure policies to:
- Cover final expenses
- Support income replacement
- Fund buy-sell agreements
- Offset taxes at death
- Create liquidity in your estate
When used intentionally, life insurance can protect far more than a balance sheet—it preserves your legacy.
Disability insurance: your income’s first line of defence
Your income is your financial engine. But what happens if illness or injury takes you out of the game? Without a backup plan, even short-term disruptions can create long-term damage.
Disability insurance ensures your financial plan stays intact—even if your ability to work changes. Especially for professionals, business owners, and those in their peak earning years, this coverage isn’t optional. It’s essential.
We design income replacement strategies that align with your lifestyle and long-term goals, giving you financial breathing room while you focus on recovery.
Critical illness insurance: a safety net for life’s toughest moments
A serious illness doesn’t just affect your health—it impacts your entire life. From medical costs to time off work to changes in lifestyle, the financial pressure can be overwhelming.
Critical illness insurance provides a lump-sum benefit the moment you're diagnosed with a covered condition like cancer, heart attack, or stroke. You can use it however you choose—treatment costs, family travel, alternative care, or simply keeping the bills paid.
We help you select the right coverage so that, in your hardest moments, you’re not worrying about money. You’re focusing on what matters—your health and your family.
Insurance for business owners: continuity, not chaos
If you're a business owner, your financial life is tied to more than your personal income. Insurance helps protect your employees, your operations, and the future of what you've built.
We provide business-focused insurance strategies that support:
- Key person protection
- Buy-sell agreement funding
- Debt coverage and lender requirements
- Business overhead expense protection
We also help you integrate insurance into your broader tax and retirement strategy—so your business supports your long-term goals, even if life takes an unexpected turn.
Estate protection with life insurance for high-net-worth individuals
Wealth transfer doesn’t happen by default—it happens by design. For high-net-worth families, life insurance is a vital part of ensuring your estate passes smoothly and efficiently to the next generation.
It can provide the liquidity needed to:
- Pay final taxes without selling property or investments
- Equalize inheritances among children
- Fund charitable legacies
- Protect the value of your estate from erosion
We work closely with your accountant and legal team to ensure your insurance plan supports your legacy—on your terms.
Annuities: stability in your retirement years
For clients who value predictability, life annuities can be a powerful addition to a retirement plan. They transform a portion of your savings into guaranteed income for life—offering peace of mind, especially as longevity increases.
Whether you’re retired or preparing to slow down, we help you explore how annuities can create a dependable income stream that supports the lifestyle you’ve earned.
Personalized plans, no shortcuts
There’s no one-size-fits-all insurance plan—and there shouldn't be. Your needs are unique. So is your family. So is your business.
At Deacon Wealth Management, North Bay life insurance experts, we start with a conversation. We ask the right questions, uncover gaps, and make sure every solution fits your life—now and years from now. From reviewing existing policies to building fresh strategies, we offer insurance planning grounded in personal care and long-term thinking.