Your Questions Answered by Birchwood Larkmount Financial Group
We believe in clarity, transparency, and empowering you to make informed financial decisions. Below are answers to some of the most common questions we receive about life insurance, investments, and our financial advisory services in Ontario.
GENERAL QUESTIONS
Q: What services does Birchwood Larkmount Financial Group provide?
A: We offer life insurance solutions, segregated fund investments, and annuities. Soon, we will also provide mutual fund options and other services to support broader investment strategies.
Q: Where are you located, and who do you serve?
A: We’re based in Ontario and proudly serve individuals and families across the province. Many of our services are available remotely, making financial planning more convenient and accessible than ever before.
Q: How do I book a consultation?
A: You can schedule a free, no-obligation consultation via our contact page, email, or phone. We’ll talk through your needs and explore options tailored to your goals.
🛡 LIFE INSURANCE
Q: What types of life insurance do you offer?
A: We offer:
- Term Life Insurance – temporary coverage at an affordable price
- Permanent Life Insurance – lifetime protection with cash value
- Critical Illness Insurance – a lump-sum payment if diagnosed with a serious illness
- Disability Insurance – monthly income replacement if you’re unable to work
Q: How much life insurance do I need?
A: That depends on your income, debts, family responsibilities, and long-term goals. During our consultation, we’ll help calculate a coverage amount that fits your needs and budget.
Q: What is the difference between term and whole life insurance?
A: Term insurance covers you for a set period (e.g., 10–30 years) and is typically more affordable. Whole (permanent) insurance lasts for life and builds cash value over time.
📈 SEGREGATED FUNDS
Q: What is a segregated fund?
A: A segregated fund is an insurance-based investment product. It offers market-based returns similar to mutual funds but includes features like principal guarantees, death benefits, and creditor protection.
Q: Are segregated funds safe?
A: While they are invested in the market and subject to some risk, they come with insurance guarantees (typically 75%–100% of your principal at maturity or death), making them safer for conservative or retirement-minded investors.
Q: Who should consider segregated funds?
A: They’re ideal for:
- People approaching or in retirement
- Business owners seeking creditor protection
- Investors looking for both growth and security
💰 ANNUITIES
Q: What is an annuity and how does it work?
A: An annuity is a financial product that converts a lump sum into guaranteed income payments. You can choose to receive income for a set period or for the rest of your life.
Q: What are the benefits of annuities?
A: Annuities provide:
- Guaranteed retirement income
- Protection against outliving your savings (longevity risk)
- Predictable budgeting during retirement
Q: Is an annuity right for me?
A: If you want stability in retirement or are concerned about market fluctuations, annuities can be an excellent part of your long-term financial plan.
📊 MUTUAL FUNDS AND OTHER SERVICES (COMING SOON)
Q: When will you offer mutual funds?
A: We’re in the process of completing mutual funds licensing and plan to offer mutual fund investments in the near future. Stay tuned!
Q: What’s the difference between segregated funds and mutual funds?
A: Mutual funds offer similar growth potential but do not include insurance guarantees. Segregated funds may be better suited for those who want more protection.
🤝 WORKING WITH US
Q: What makes Birchwood Larkmount different from other advisors?
A: We take a values-first approach grounded in honesty, transparency, education, and long-term relationship building. You’ll never be pressured — just supported with clear advice and quality products by advisors who genuinely want to work together to see you realize your goals and protect what matters most to you.
Q: How are you compensated?
A: In most cases, we are compensated directly by the insurance or investment provider. There is absolutely no fee for consultations, and we’ll always be upfront and transparent about how our compensation works.
Q: Do you offer virtual appointments?
A: Absolutely. We provide phone and video consultations to accommodate your schedule and comfort — whether you’re at home, at work, or on the go.
Still Have Questions?
We’re here to help. Reach out any time to get straight answers and compassionate guidance on protecting your family and growing your wealth.
Book Your Free Consultation Today.