Reviewing your insurance coverage should be part of your financial
    planning

    TORONTO, Feb. 3 /CNW/ - Canadians reviewing their investment portfolio
during RRSP season often overlook their insurance needs as part of their
financial planning strategy. Developing an insurance portfolio with your
finances in mind can protect assets and manage liabilities - including your
home - most people's largest liability. Use RRSP season as a smart opportunity
to take stock of what you own - and what you owe - to make sure you're
protected from the "accidents of life."
    "People's insurance needs change over time, so we think it's important to
review your insurance 'portfolio' at least once a year as part your ongoing
financial planning," says Jane Duchscher, Vice President, TD Insurance.
"Keeping the big picture in mind, rather than limiting your focus to stocks,
bonds and rates of return, helps to protect your assets and ensure you're
managing risks appropriately."
    "Insurance is your financial protection, so make sure you have both the
right type and an appropriate amount of it in place," said Patricia
Lovett-Reid, Senior Vice President, TD Waterhouse. "RRSP season is a time when
many Canadians meet with a professional to review their financial goals and
it's a great opportunity to discuss insurance to ensure that you and your
family are adequately protected."

    Here are a few questions Canadians should ask themselves at least once a
year about their insurance portfolio:

    -   How do I best protect my largest asset, my home?
    -   Do I still need life insurance if I'm not married or if I don't have
        children?
    -   Should I take out mortgage insurance or life insurance or both?
    -   If I am young and healthy, do I need critical illness insurance?
    -   If I have a two-car household, is there are a way to reduce my auto
        insurance costs?
    -   What can I do to try and lower my insurance premiums?

    About TD Insurance

    TD Insurance is a part of TD Bank Financial Group. The wide range of TD
Insurance products help protect clients from the 'accidents of life' including
credit protection, life, health, travel, home and auto insurance. With more
than three million clients, TD Insurance products and services are available
through a network of more than 1,000 TD Canada Trust branches, the Internet
and telephone. The TD Insurance brand is the number one provider of critical
illness insurance and direct life and health premium origination in Canada.
And through its TD Insurance Meloche Monnex and TD Insurance Home and Auto
brands, is the largest direct-response insurance group in the country. For
more information, visit www.tdinsurance.com.

For further information: Jason Graham, Argyle Communications, (416)
968-7311 x229, jgraham@argylecommunications.com; Meghan Thomas, TD Bank
Financial Group, (416) 944-4151, meghan.thomas@td.com