Investment FAQs

Insurance can protect income and assets while investment planning supports long-term goals such as retirement, education, and home ownership.

A TFSA is a tax-free savings account that can support flexible savings goals, subject to contribution limits and rules.

An RRSP is a retirement savings plan that may provide tax deductions and support long-term retirement planning.

An FHSA is designed to help eligible first-time home buyers save toward a qualifying first home, subject to program rules.

An RESP helps families save for a child's post-secondary education and may include government grant opportunities if eligible.

Segregated funds are insurance-based investment products that may offer features such as maturity or death benefit guarantees, subject to contract terms.

Yes. We can help explain available options, policy features, eligibility questions, and quote differences so you can make a more informed decision.

Helpful details may include age, coverage goal, budget, current coverage, health or travel information where relevant, and the reason you are reviewing insurance.

Yes. A review can help you understand whether your current coverage still matches your family, income, debt, business, travel, or retirement needs.

Yes. Virtual consultations make it easier to support clients throughout Ontario and provide guidance regardless of location.

It is helpful to review coverage after major life changes such as marriage, a new home, children, business growth, job changes, travel plans, or retirement planning.

Not always. Price matters, but policy wording, exclusions, renewals, conversion options, waiting periods, and long-term flexibility can also be important.

Yes. We help newcomers, visitors, students, families, and residents understand Canadian insurance and planning options in plain language.

You can contact Simmi Insurance through the website, phone, or WhatsApp to discuss your needs and request personalized guidance.