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in si de ha lto n. co m O ak vi lle B ea ve r | T hu rs da y, F eb ru ar y 21 ,2 01 9 | 12 need help? pORCh lIFTS lIFT and ReClIne ChaIRS STaIRlIFTS Cpap TheRapy • Gets you in and out of your home safely • Access your deck, porch, stage, etc. • Can be installed in the garage • Weather protected controls • Go from reclining to standing at the push of a button • Many colours, sizes and styles to suit and person and home decor • Available with both heat and massage • We can deliver and set up for you • Tax free conditions may apply When IT COMeS TO SleeT, eVeRy MInUTe COUnTSWhen IT COMeS TO SleeT, eVeRy MInUTe COUnTSWhen IT COMeS TO SleeT, eVeRy MInUTe COUnTS SOMe OF The BeneFITS OF Cpap TheRapy InClUde:SOMe OF The BeneFITS OF Cpap TheRapy InClUde:SOMe OF The BeneFITS OF Cpap TheRapy InClUde: • Feeling more restedFeeling more rested • More energetic• More energetic • Elimination of snoring• Elimination of snoring • Decreased risk for fatal and• Decreased risk for fatal and non-fatal cardiovascular eventsnon-fatal cardiovascular eventsnon-fatal cardiovascular events • Possible reduction in Blood• Possible reduction in Blood Pressure reducing the risk of strokePressure reducing the risk of strokePressure reducing the risk of stroke • Straight or curved • Indoor or outdoor • Does not block stairs • We install and service stairlifts and porch lifts Contact us for a free consultation or drop by our showroom for free demo 594 Bronte Rd,Oakville 905-825-5335 154 Norseman St, Etobicoke 416-237-9654 Authorized ADP/WSIB/VACVendor. Licensed Medical Devices Establishment We will always happily honour our local competitor's prices. I n fo@accessab i l i t i e s .ca www.accessab i l i t i e s .ca In simple terms, risk is about the likelihood of something bad happening. Consider the risk on your house. You might have a fire that causes significant or total loss in the value of your house. That could be very expensive. If you have a mortgage, one of the conditions is that you are required to have fire insurance. It is not an option to go without. If your house burns there is a financial loss, but that loss is covered by the insurance company. In reality, houses are very rarely destroyed by fire. But because there is some risk, you have insur- ance. What is the risk to you and your family if there is a loss of income as a result of injury or death? Could your family contin- ue to make ends meet? Although mortgage in- surance is required for your house, there is no such requirement to insur- ing your loss of income due to such things as injury or death. One common argument against loss-of-income in- surance is that if there are two incomes in a house- hold you are likely still go- ing to have one income. However, most households rely on both incomes. When there is just one income, the stay-at-home spouse provides valuable services to the family. Will certain household duties have to be completed by hiring someone if the stay- at-home spouse is unable to perform those duties - es- pecially if there are chil- dren? I recommend having a good conversation with your insurance provider. What are your financial risks and how can they be insured? Understand the risks, the insurance options, and most importantly the cost. All personal expenses, in- cluding the cost of insur- ance, should be considered in whole and reflect your personal priorities. It is not likely you have the budget to insure against all risks. But it is to your advantage to develop an insurance strategy. For whatever reason, having the appropriate in- surance coverage is often overlooked. I recommend reviewing your insurance needs care- fully. Peter Watson, of Peter Watson Investments MBA, CFP, RFP, CIM, FCSI, offers a weekly financial planning column, Dollars & Sense. He can be contact- ed through www.peterwat- soninvestments.com. OPINION LET'S TALK ABOUT RISK HAVE A CONVERSATION WITH YOUR INSURANCE PROVIDER, WRITES PETER WATSON PETER WATSON Column