Disability Insurance
At Next Steps Planning Inc., we believe that everyone deserves to have a strong financial future, especially those living with a disability. Sadly, only 21% of individuals in this community are aware of the Registered Disability Savings Plan (RDSP), compared to the 86% who recognize other savings options like RRSPs or TFSAs. Our mission is to bridge this awareness gap by providing personalized guidance and education about RDSPs to empower individuals to take control of their financial security. Reach out today to learn how we can help you navigate this essential savings opportunity.
Do you have enough life, disability and illness insurance? Find out before you need it
Most young people engage with insurance only when legally required—auto, tenant or home insurance.
Typical advice for saving on these types includes shopping around, bundling with other kinds of insurance, and raising your deductible to lower premium payments.
You can also ask for discounts, according to the Insurance Bureau of Canada: if you are mortgage-free, claims-free, or have upgraded your home against fire and flooding, you can likely get a better deal on your home insurance.
For drivers, installing a theft deterrent or a usage-based insurance app which tracks your driving habits can reduce your auto premiums. Keeping a clean driving record is also key, the bureau advises. Your broker or insurer can help find savings within your policy.
Non-mandatory insurance is a lesser-known game, however.
RDSPs a 'no-brainer' savings tool for people with disabilities, but awareness lacking
Only 21 per cent of those living with a disability, and 17 per cent of Canadians overall, are aware of RDSPs — the lowest awareness rate among all registered accounts. By contrast, she said 86 per cent had heard of RRSPs, TFSAs and other savings products.
"I think that if there was more education on the benefits of an RDSP, there would be much more uptake," said Postlewaite.
"The RDSP is very specialized for those who qualify for disabilities, and the grant and bond program is unmatched with any other registered savings plan. So it really is the most powerful tool for individuals with disability to see their savings grow."
Other Insurance Services
Life Insurance
Life insurance provides financial protection for those you care about most. It helps replace income, cover debts, and support long‑term goals in the event of death, offering peace of mind during life’s uncertainties. With thoughtful life insurance planning, individuals can help ensure their family’s financial security and leave a meaningful legacy
Critical Illness
Next Steps Planning Inc. is dedicated to helping you navigate the complexities of Critical Illness Insurance, an essential aspect of comprehensive health planning. This type of insurance covers a range of serious medical conditions, offering you financial support at a critical time. With us, you’re not just securing a policy; you're investing in peace of mind for you and your family.
Financial Planning Tools and Calculators
Access our range of tools and calculators to help you plan for your financial future, calculate insurance needs, and make informed decisions.
Estate Planning
Ask for your Will Companion. The Will Companion serves as a one-stop place to keep essential information for ongoing reference, as well as emergenices, providing an immediate and lasting benefit - a sense of control over your financial and personal affairs.
Investment Planning
Investment planning is essential for building long-term financial security. It helps individuals identify financial goals, manage risk effectively, and allocate resources wisely to grow wealth over time. With a structured investment plan, people can make informed decisions, stay disciplined during market changes, and improve their chances of achieving milestones such as retirement, education funding, or financial independence.
Philanthropic Planning
Philanthropic planning helps individuals give with purpose and impact. It aligns charitable goals with personal values and financial capacity, ensuring that giving is intentional, tax‑efficient, and sustainable over time. With a thoughtful philanthropic plan, donors can support the causes they care about most while creating a meaningful and lasting legacy.
Risk Management
Risk management is essential for protecting financial stability and long‑term goals. It involves identifying potential risks, evaluating their impact, and putting strategies in place—such as insurance, diversification, and contingency planning—to reduce uncertainty. A strong risk management plan helps individuals safeguard their wealth, income, and lifestyle against unexpected events.