Sunday, October 20, 2019

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Investments

head_investmentsAt Sanderson Insurance & Investments we offer many different investments or combinations of investments which are tailored to meet each investor’s profile and needs.

SHORT TERM DEPOSITS

CASHABLE GUARANTEED INVESTMENT CERTIFICATES CSC

GUARANTEED INVESTMENTS

Sanderson Insurance & Investments offers a wide range of investment options including Guaranteed Investment Certificates or GICs which can be purchased through banks, trust companies, credit unions and insurance companies. Most companies offer non-registered, registered, TFSA’s from 1 to 5 year terms, short term deposits, cashable one year terms and savings accounts at various interest rates.

Banks and trust companies deposits up to $100,000.00 are insured by the federal, Canadian Deposit Insurance Corporation or CDIC., while the credit unions are covered provincially by DICO or Deposit Insurance Corporation of Ontario

Insurance companies operate on the same principles but the deposits are known as Guaranteed Investment Contracts or GICs, GIO’s or Guaranteed Investment Options and Term Annuities and also cover up to $100,000.00. These particular deposits are covered by Assuris Financial. Please refer to the following links for more information on insurance coverage.

www.dico.com, www.cdic.ca, www.assuris.ca

MUTUAL FUNDS

SEGREGATED FUNDS

With each of the above investments we can further direct them into the following registrations to meet the investors needs.

  • RRSP Registered Retirement Savings Plan
  • RRIF Registered Retirement Income Fund
  • LRIF Locked In Retirement Income Fund
  • LIRA Locked In Retirement Account
  • LIF Life Income Fund
  • RESP Registered Education Savings Plan
  • TFSA Tax Fee Savings Accounts

Mutual funds are sold through PEAK Investment Sevices Inc.
Segregated funds, GIAs & GIOs & Insuranceare sold through PEAK Insurance Services Inc.