A little preparation. A more productive conversation.
Please read this checklist before your meeting with Blackman Insurance. Gather up-to-date information where it applies to you, so we can build a clearer picture together.
Everything from our original preparation checklist is here. Bring what you have and note any questions or gaps. Share sensitive documents only through a channel agreed with our team.
You don’t need to have every answer. Preparing what you can gives us a helpful place to start.
Your assets
Know what you have.
Please prepare up-to-date balances and values for the following, where applicable:
Chequing and savings accounts at commercial banks and/or credit unions
Registered retirement savings plans and other retirement and/or pension accounts
Immediate or deferred annuities
Mutual funds
Share statements
Money market funds
Trust or managed accounts
Business ownership and dividends
Stocks and brokerage accounts
Savings bonds
Market value of your vehicle or vehicles
Market value of all real estate: buildings and land
Replacement value of all personal possessions, including clothing, shoes, jewellery, electronic equipment, furniture and appliances
Market value of office equipment, stock and supplies for a sole proprietorship or partnership
A list and values of any other assets not mentioned above
Your insurance policies
Bring your existing protection into view.
Your policy schedules and employer benefits booklets can help you find these details.
Life insurance
Insurer
Type of policy
Policy number
Sum insured
Accidental death and dismemberment amount
Cash value amount
Cash-value loan balance, including interest
Premium
Health insurance
Insurer
Policy number
Major medical maximum amount
Annual deductible amount
Premium
Critical illness insurance
Insurer
Policy number
Sum insured
Accidental death and dismemberment amount
Motor insurance
Insurer
Policy number
Renewal date
Market value of vehicle
Annual premium
Standard excess
Home insurance
Insurer
Policy number
Renewal date
Annual premium
Sum insured for the building
Sum insured for contents
Employer-provided benefits
Booklets describing life, health, critical illness and/or disability income insurance
Booklets describing pension or retirement plans
Booklets describing other employee benefits, such as stock options or deferred compensation plans
Your liabilities
Put your commitments on the table.
List mortgages, car loans, student loans, credit cards, lines of credit, hire purchase agreements, personal loans and other loans. For each debt, note:
Monthly minimum payment
Interest rate
Term
Outstanding balance
Credit limit
Estate planning
Think about the arrangements you’ve made.
Be prepared to tell us about your wills and trusts, including:
The extent of estate planning you have done
The dates your wills or trusts were created
Their primary goals
Your everyday picture & future goals
Take a moment with these questions.
Consider these questions so you have answers ready for our discussion:
What is your total monthly income? List all sources and amounts, including variable compensation.
How much money do you spend each month, and on what?
How much do you contribute to savings, investments or retirement? List the accounts, amounts and frequency.
Do you anticipate any major one-time expenses in the foreseeable future? List the items, costs and likely dates.
Do you anticipate any major one-time receipts of income? List the amounts, sources and expected dates.
What decisions have you made—or will you make—about the following?
Your financial goals for the next five years
The lifestyle you want while you are working
The lifestyle you want when you are no longer working
Protecting your family financially
Protecting your income if illness or disability prevents you from working
