Concepts Inc.
Your Financial Security, Our Priority
At ABO Concepts Inc., we empower Canadians with the knowledge and resources they need to protect their future, grow wealth, and achieve lasting financial independence.
About ABO Concepts Inc.
Your Partner in Financial Success
ABO Concepts Inc. was born out of a vision to empower Canadians with the financial knowledge they need to achieve lasting freedom. Our journey began when our founder, Dorcas, recognized a recurring challenge faced by many—particularly immigrants—working hard yet struggling to save and secure their financial futures. Dorcas saw firsthand how the lack of accessible financial education, especially in areas like insurance, investments, and financial planning, was preventing individuals from achieving true financial independence.
Determined to bridge this knowledge gap, Dorcas founded ABO Concepts Inc. with a mission to offer clear, practical, and accessible financial solutions. We believe that everyone deserves the opportunity to make informed decisions about their finances, whether it's protecting their family, growing their wealth, or planning for the future.
At ABO Concepts Inc., we take pride in being more than just a service provider. We are a trusted partner, standing beside our clients through every financial decision and step they take.
Our commitment is to provide not just education, but also the guidance and support needed to transform financial challenges into opportunities for growth. With a focus on empowering Canadians through financial literacy and smart planning, we are dedicated to helping individuals and families navigate the complexities of finance, so they can enjoy the freedom and peace of mind they deserve.
Vision
To empower Canadians with the knowledge and tools to achieve lasting financial freedom, providing accessible, practical financial education and solutions for everyone.
Mission
At ABO Concepts Inc., our mission is to bridge the financial knowledge gap across Canada, ensuring that every individual can make informed decisions about their finances. Through personalized education and guidance in insurance and investment products, we are committed to being a trusted partner through every decision and step taken. We help people protect their future, grow their wealth, and enjoy true financial independence.
Our Services
Universal Life Insurance
Universal life insurance is a type of permanent life insurance that combines lifetime coverage with a cash value component. It offers flexibility in premium payments and death benefits, making it suitable for individuals whose financial needs might change over time.
Children Account
A Children's Account like the Registered Education Savings Plan (RESP), helps families save for future educational expenses. It offers tax-deferred growth, and government contributions like the Canada Education Savings Grant (CESG) provide additional funding. Parents can contribute up to $50,000 per child, and the government matches a percentage of contributions.
Term Insurance
Term life insurance protects you for a shorter period of time, such as 10, 20, or 30 years, but it is less expensive and simpler than whole life insurance. Your family can use the proceeds from either insurance policy to pay for funeral costs, mortgage payments, college tuition, and other expenses after you've passed away.
Individual Health
Individual health insurance provides essential medical coverage, including preventive care, prescriptions, and emergency services. It's the ideal solution for those without employer-based coverage, ensuring access to critical healthcare when needed. Protect your health and financial well-being with a plan tailored to your needs.
Contact ABO Concepts Inc. today for a personalized health insurance quote!
Group Life & Health Insurance
Group life and health insurance plans are employer-sponsored benefits that provide employees and, often, their dependents with financial protection and access to medical care. These plans are typically more affordable than individual policies due to economies of scale. Protect your team and their families with affordable group life and health insurance plans. Enhance satisfaction, retention, and well-being.
Get a quote today with ABO Concepts Inc.
Travel Insurance
Travel can be unpredictable, but travel insurance offers peace of mind by protecting against trip cancellations, lost baggage, and medical emergencies. Whether traveling domestically or abroad, it ensures financial security for unforeseen events, allowing you to focus on enjoying your journey.
Contact ABO Concepts Inc. for a tailored travel insurance quote that fits your needs and budget.
Retirement Planning
Retirement planning ensures financial security by setting goals and creating strategies to sustain your lifestyle after retiring. It involves estimating expenses, leveraging savings options like 401(k)s or IRAs in America or RRSPs and TFSAs in Canada, and accounting for healthcare, inflation, and long-term care. Regularly reviewing and diversifying investments while contributing early and consistently are key to achieving a worry-free retirement.
Investment Account
An Investment Account in Canada allows individuals to grow wealth through options like stocks, bonds, and mutual funds. Key accounts include the Tax-Free Savings Account (TFSA), which offers tax-free growth and withdrawals, and the Registered Retirement Savings Plan (RRSP), which provides tax-deferred growth and deductions on contributions. Non-registered accounts offer more flexibility, though gains are taxed.
Estate
Planning
Estate planning ensures your assets are distributed according to your wishes and managed appropriately if you're incapacitated. It involves creating a will, establishing trusts, naming beneficiaries for financial accounts, assigning a power of attorney for legal/financial matters, and setting up a healthcare directive for medical decisions. Proper planning minimizes taxes, reduces disputes, and provides financial security for your heirs.
Your Next Step to Wealth Starts Here