Updated: June 13 2023
Murphy Planning Partners is committed to protecting your privacy. We will not sell or rent your information and provide this statement on personal information practices for clients, potential clients, employees, representatives, and business partners; we assure you this is how we always handle personal information; with care and discretion.
CFP, Murphy Planning Partners
I am a financial security advisor with Murphy Planning Partners. I am licensed for life and health insurance in Ontario. I have my designation as a Certified Financial Planner.
Companies I represent
I have an exclusive relationship with and offer a range of individual insurance products from Canada Life. I also have the ability to place individual insurance business through Financial Horizons, a Managing General Agency (MGA). Through MGA(s) I offer insurance products from the following insurance companies when necessary to address your specific needs:
Royal Bank of Canada
Bank of Montreal
Empire Life Insurance Co.
Canada ProteCtion Plan
Sun Life Assurance Foresters Financial
I offer group insurance from the following insurance companies when necessary to address your special needs:
The Great West Life Assurance Company
The Manufacturer's Life Insurance Company
In addition, I offer mutual funds through Quadrus Investment Services Ltd.
I am compensated by sales commission on policies I sell and may receive a renewal (or service) commission on policies that remain active. Commissions are paid by the insurance company that provides the product you purchased. For certain products such as, Solutions Banking™ brand products and Canada Life mortgages, I may receive a referral fee. If my sales reach a certain level, I may be eligible for additional compensation, such as bonuses, and other benefits, such as professional conferences and related travel expenses. I may also be entitled to participate in a share purchase plan with Canada Life. For business placed through an MGA, compensation may be received from both the insurer and the MGA. MGAs may also provide additional benefits including professional conferences and related travel expenses.
Privacy Commitment and your client file
Protecting the privacy of your personal information is important to me and the companies whose products and services I offer, and I’m committed to collecting, using and disclosing your personal information responsibly (“I”, “me” and “my”, when referring to an advisor, include an incorporated advisor). The personal information being collected, such as contact information, financial information as well as records of meetings and phone calls, general correspondence and any instructions you provide to me, will be maintained by me or at my direction in paper and/or electronic format in a client file. This information will be used to assess your financial situation, offer products and services that may be of interest and benefit to you, and provide ongoing client service. Your personal information in your client file will be disclosed only to:
My employees and persons authorized by me
Companies whose products and services I offer and their employees and agents, for the purpose of, or relating to, their providing or seeking to provide financial products or services to you (and for, or related to, any other purposes you have authorized)
Third party service providers selected and authorized by me. If located outside of Canada your personal information may be subject to the laws, including public authority access laws, of other countries
Persons or entities to which you have granted access or that are allowed access by law
In accordance with applicable law and by your written request, you have the right to: review the personal information in your client file, request corrections to this information, and to revoke your consent subject to contractual limitations. If requested by you, additional personal documents such as copies of insurance policies, wills and powers of attorney may be kept in your client file. If you need more information about my privacy policies and/or those of the companies I represent, please let me know.
Accuracy of Personal Information
We maintain procedures to ensure that the personal information we collect, and use is accurate, up-to-date, and as complete as possible. However, we rely on our clients to disclose all material information to us and to inform us of any changes.