Disclosure

When considering the purchase of life insurance, living benefits, investment, or banking products, it is important to have an understanding of the product and how it meets your needs. In addition, it is important to know the company which is offering/supplying the product or service as well as the advisor who is recommending it. The following information will assist you in making an informed decision, and will provide insight into my relationship with the companies I do business with, and how I am compensated.

About Me:

I am duly registered in the province of Alberta offering financial services products. I am authorized to sell life, health and Insurer investment products in the province of Alberta.

My services pertain to financial strategies and insurance requirements pertaining to your family’s and business insurance and investment needs and do not expand beyond this arena into financial or tax planning or other activities. I am unable to advise you on any mutual funds, where I do not hold the appropriate authorized regulatory certificates

Companies I Represent:

As a licensed insurance broker, I represent several insurance carriers offering life insurance, living benefits and investment products. My recommendations are based on my assessment of your financial and security needs and are selected from a broad range of products. I am currently contracted with the following companies:

• Manulife Bank

Nature of Relationship with Companies I Represent:

No Insurer holds ownership or interest in my business , nor do I hold a significant interest in any Insurance Company.

Compensation:

If you choose to purchase an insurance product through me, I will receive remuneration from the company that offers the product. I am compensated by either a sales commission or referral fee at the settlement of the product or service. In addition, I may also receive renewal (or service) commissions from the Insurer where clients decide to keep the policy or contract in-force.

I may also be eligible for additional compensation, such as bonuses, non-monetary benefits and travel incentives, depending on various factors such as the volume or persistency of business that I place with a particular company.

I may also receive compensation in the form of a referral fee for the recommendation of the Manulife ONE product.

As part of our discussions pertaining to product requirements and selection, the amount of compensation received will not play a factor in the recommendations made to you.

Conflicts of Interest:

I take the potential of a conflict of interest very seriously. I will notify you verbally and in writing if there is a potential or real conflict of interest of which I become aware. My overall recommendations are unbiased and, where possible, are based on an independent survey of companies which provide the products the client is interested in.

Other Business Activity:

I am also the co-owner of the Fraser Highland Shoppe selling products relating to Scottish culture including Dress, Piping, Drumming, and Dancing.

My recommendations are selected from a broad range of products from various companies. A careful assessment of your financial and security requirements have been considered as part of my overall review. Growing and protecting your assets is paramount to your financial health. I encourage you to take the time to carefully read policy and account information to ensure your full understanding. Please do not hesitate to contact me if you need further clarification on the recommended products, my qualifications, or the nature of my business relationships.

 

This statement has been prepared by Kevin Fraser. Kevin Fraser alone is responsible for its accuracy.

 

NOTE: Neither K.S.Fraser Financial Services nor its agents may provide tax or legal advice. Our clients should consult with and rely on their own independent tax and legal advisors regarding their particular situation and the concepts presented herein.