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Will You Be Okay?

Supplemental Living Benefits and Income Replacement Insurance

If you get sick or hurt, how will you pay your bills & care for your family? Are you financially prepared to handle a catastrophe? Is your financial house in order?

Accident Hospitalization Plan

An insurance policy that pays cash directly to you to help pay for your everyday bills when an accident strikes

Sickness Hospitalization Plan

An insurance policy that pays cash directly to you to help pay for your everyday bills when a sickness occurs

Lump Sum Critical Illness

A lump sum insurance policy that pays cash directly to you to help pay for your everyday bills so you can focus on recovery after a critical illness strikes

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Daily Benefits-Cancer, Heart Attack and Stroke

An insurance policy designed to provide daily cash benefits directly to you to help pay for your everyday bills due to Cancer, Heart Attack and Stroke

Determine Your Needs

What is your greatest concern?
Simply select the answers to the questions in the boxes below, provide us with your name and email and we will be back to you within 24 business hours to discuss your needs.

Living Benefits, the Cornerstone of Financial Planning

Living benefits Toronto

Are You Prepared for the Unexpected?

It can be hard to determine your specific insurance needs and difficult to distinguish between the different types of insurance policies available today. So we’ve made it easy for you with our free need analysis tool.

Frequently Asked Questions

I’ve never been seriously ill or had a major accident. Why should I consider Living Benefits?

Congratulations, I am very happy to hear that nothing serious has happened to you but consider this. The chances of your house burning are 1 out of 19,000 (Safety Net-Mandatory Coverage). The chances are 1 out of 2,742 that you will have a car claim of more than $3,500 (Safety Net-Mandatory Coverage). The chances of you dying before age 70 is 1 out of 90 (Safety Net-Optional Life Insurance). The chances are 1 out of 14 that you will suffer some sort of disability (Safety Net-Optional Disability and Accident & Sickness Hospitalization Insurance). The chances of you getting a critical illness are 1 out of 2 (Safety Net-Optional Lump Sum Critical Illness and Daily Treatment Cancer, Heart Attack & Stroke Insurance). The chances of you retiring at some point in your life is 1 out of 1 (Safety Net-Your Retirement Savings).

Why is it that we insure the risks that have a low probability of happening to us, yet we tend to ignore the risks that have a greater chance of happening? If you were to get seriously ill or have a catastrophic accident, you would have no choice but to use your savings to pay your everyday bills. Do you really want to self-insure those risks and put your Retirement in jeopardy, or would it make more sense to explore your options? So, how comprehensive is your safety net? Will you be okay?

I already have some Living Benefits coverage through the government, work and/or personally. Why should I consider Supplemental Living Benefits coverage?
I’m glad to hear it because nearly everyone I talk to has some form of Living Benefits coverage. However, what most people aren’t aware of is that there are significant gaps in these coverages. Unlike the standard Living Benefit plans that the Insurance Industry currently offers, Supplemental Living Benefits pay on the loss of time, not income, pay on the first day with no waiting period and provide coverage until age 85 or lifetime depending on the product. Please contact me and I will be happy to provide a no-fee, no-obligation review of your current plans and to see if adding Supplemental Living Benefits coverage is right for you.
How do I determine what I need ?
That’s a really good question. Our Needs Assessment tool has been designed to help you identify potential gaps in your existing insurance coverage in four easy steps. Understanding these gaps will make it easier to select the insurance plans that are right for you and your family.

Needs Analysis

Rick Machtinger

About Rick Machtinger

Rick Machtinger is an associate of Desjardins Financial Security Independent Network.

Rick has been in the insurance industry since April 1991. Rick has always focused on building a financial plan to help his clients meet their unique needs and prepare for life’s unexpected challenges. Whether it be that you live too long, die too soon, or get sick or hurt along the way, Rick always places the needs of his clients first.

Errors & Omissions Excepted.
I am licensed for Life and Health Insurance in the Province of Ontario.

“The Desjardins brand is a trademark owned by the Fédération des caisses Desjardins du Québec and used under licence.”

Our Customers

Rick is a wealth of knowledge in so many different products but specifically helped me to understand living benefits and how they can help my family (single Mother of 4) to prepare for the unexpected. Especially with the current state of the world, it is more important than ever to have a backup plan. Who knows what could happen? I sure didn’t expect a Pandemic with several high-risk family members… Thank you for taking endless time to help me & my family understand. You’ve been so fantastic, and I highly recommend anyone who is not knowledgeable in the world of living benefits to get in touch with you.
- Starr W.

Rick is an extremely trustworthy advisor who has consistently provided me with expert advice over the past 20 years on financial planning and insurance matters.

- Gary C.

Rick is the consummate professional Financial Planner. Rick uses his intelligence and intuition to always do what is best for his clients. Rick is motivated by the success that he has reached in the business, while he still does the little things that ensure his continued success in the future. I have met many people in the financial planning business, and Rick is the only one that I would trust to handle the affairs of my family if I were not able to.

- Alan H.

You & Your Family Deserve Peace of Mind

Let’s Get You Prepared for Anything

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    Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company, a provider of life and health insurance and retirement savings products.