Who We Are, and How We Get Paid

When a consumer is considering the purchase of a life or health insurance product, it is important they have a complete understanding of the product, how it meets their needs, the company offering the product, the advisor and the advisor's business relationships. In keeping with this, the following information will assist you in making well informed and sound decisions and will provide insight into our relationship with the life insurance carriers and how we are compensated.

Who are we

We are Andy and Arthur Guest, a father-son team of independent insurance brokers. We represent a number of insurers in searching out the best products and services to meet the individual needs of our clients. We are registered as life, accident & sickness insurance agents in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.

Picture of Arthur Guest (president of Cheap Life Insurance.ca) and Andy Guest (president of Golden Era Financial Planning)

Arthur Guest is the President of CLIC Insurance Services Inc., a Canadian Controlled Private Corporation registered as a Federal company and an extra-provincial company with its Head Office in BC. CLIC Insurance Services owns the copyrights to the www.cheaplifeinsurance.ca website.

Andy Guest is the president of Golden Era Financial Planning Inc., a Canadian Controlled Private Corporation that is a Life Insurance corporate agent. Andy has been providing independent financial planning advice since 1981.

CLIC Insurance Services Inc. refers insurance clients to Golden Era Financial Planning. We place the majority of our insurance business, including annuities, with:

A full listing of the insurers where we hold active contracts can be obtained upon request.

How we get paid

If you choose to purchase an insurance product or service through us, we will receive remuneration from the company that offers the product. We are compensated by a sales commission and bonus at the time of sale or settlement and may receive ongoing renewal (or service) fees if your policy remains in force. We 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 we place with a particular company.

Are there any conflicts of interest

Not that we know of! No insurance company or securities dealer holds an ownership interest in Andy or Arthur Guest, CLIC Insurance Services, or Golden Era Financial Planning. Nor do we, CLIC Insurance Services, or Golden Era Financial Planning hold a significant interest in any insurance company or securities dealership. Therefore, there are no business relationships that may be perceived to be a potential conflict of interest with respect to our recommendations to you.

We will notify you if there is a conflict of interest of which we become aware in regards to our recommendations to you. Our overall recommendations take into account careful assessment of your financial and security needs and are selected from a broad range of products of various carriers.