A  new addition to your family, simply means you need to be a more responsible person now. You need to do additions to your financial plan with every new addition.

• Protect your child's future by protecting your life, health & income. insuring your life. If you already have an insurance policy you may want to increase the amount of coverage you have, and include your newborn as a beneficiary.
• If you have no life insurance, there's never been a better time than now to think about getting coverage. After all, there's now an extra mouth around that you'll need to ensure will be fed, should the unanticipated arise!
• Imagine suddenly being struck down with a life-altering illness. How would your family survive if you weren't able to work? Even in the case of a non-fatal ailment, critical illness insurance provides a lump sum payment to keep your finances healthy. So your only concern will be to get well soon.
• Consider disability insurance. After all, you have more financial obligations now with this new addition. If your income stops….it is a huge problem.
• Personal Health/Dental Insurance is viable option if your employer doesn't offer group insurance. As dental work and prescription drugs aren't covered by provincial health plans.