Business Details
40 Years
experience
Customized Insurance & Financial Planning Solutions
Parity Agencies has been a trusted name in insurance and financial planning for over 50 years. Founded in 1986 by Louis G. Steegstra, a respected industry figure, the company transitioned to Kevin J. Steegstra, a Certified Financial Planner, who continues the legacy of personalized service. Specializing in customized Employee Benefits Programs, Individual Insurance, and Estate Planning, we combine decades of experience with a deep understanding of business owners' needs. Our approach integrates collaboration with accountants, lawyers, and business leaders to deliver tailored corporate planning solutions. Rooted in integrity and faithful service, we honor Louis Steegstra's legacy while adapting to evolving industry standards.Our team remains committed to providing knowledgeable support for insurance, investment, and retirement planning. Clients benefit from our expertise in Key Person Insurance, Disability Buy-Out Insurance, and Individual Pension Plans. We serve businesses and individuals nationwide, with a focus on the Fraser Valley, ensuring competitive, progressive solutions. Our enduring relationships, like the 30-year partnership highlighted by Gerry Taillon, reflect our dedication to fair premiums and client advocacy. At Parity Agencies, we prioritize financial security for families, businesses, and futures through reliable, innovative planning.
Services
Employee Benefits Plans
Life Insurance
Disability Coverage
Group Pension Plans
Estate Planning
Key Person Insurance
Disability Buy-Out Insurance
Individual Pension Plans
Critical Illness Insurance
Travel Insurance
Details
- Year established: 1986
Highlights and features
- We offer 50+ years of combined experience in insurance and financial planning.
- Our team includes a Certified Financial Planner with expertise in corporate solutions.
- We provide customized Employee Benefits Programs tailored to business needs.
- Our disability buy-out insurance ensures business continuity during unexpected events.
- Recognized by long-term clients for fair premiums and dedicated advocacy.
Associations and certifications
- IBABC (Insurance Brokers Association of British Columbia)
What people say
Exceptionally personable
Knowledgeable delivery
Fair premiums
Dedicated advocacy
30-year partnership
Services
Employee Benefits Plans
Comprehensive Employee Benefits Plans help businesses attract talent by offering health, dental, disability, and life insurance coverage. We design customized solutions balancing employer budgets with employee needs. Our plans include flexible contribution models and guaranteed acceptance options for seamless transitions from group benefits.
Life Insurance
We offer term, whole, and universal life insurance policies to protect families and businesses. Coverage options include joint policies for couples and estate planning tools to manage tax liabilities. Our solutions ensure financial security for dependents and facilitate wealth transfer to future generations.
Disability Coverage
Our disability insurance replaces income during work absences due to illness or injury. Policies include 'own occupation' and 'any occupation' definitions, with benefits ending at age 65. Disability buy-out insurance safeguards business continuity by funding ownership transitions during long-term disabilities.
Group Pension Plans
Group RRSPs and pension plans provide tax-advantaged retirement savings for employees. Employers may contribute fixed percentages or match employee contributions, with enhanced benefits for long-term staff. These plans help businesses retain talent while supporting employees' financial futures.
Estate Planning
We develop strategies to preserve wealth through life insurance, testamentary trusts, and tax-efficient gifting. Our solutions address estate taxes, provide for dependents, and facilitate charitable donations while ensuring compliance with legal and financial regulations.
People
Kevin J. Steegstra
Owner/Operator
Certified Financial Planner with 20+ years of experience in corporate insurance solutions. Specializes in employee benefits and estate planning. Succeeded his father Louis to lead Parity Agencies since 2001.
Louis G. Steegstra
Founder
Insurance pioneer and community leader who established Parity Agencies in 1986. Served as 'Mr. Insurance' in Revelstoke, advocating for pastors and congregations while building a legacy of client-focused planning.
Questions
What types of insurance does Parity Agencies offer?
We provide life insurance, disability coverage, critical illness insurance, travel insurance, and specialized corporate plans like Key Person Insurance.
How can Parity Agencies help my business?
We design customized Employee Benefits Plans and corporate solutions including disability buy-out insurance and succession planning to protect business assets.
Do you offer individual financial planning services?
Yes, we offer estate planning, individual pension plans, and investment options like RRSPs and TFSAs tailored to personal needs.
Are there options for individuals losing group benefits?
Our Follow-Me Health Insurance Plan offers guaranteed acceptance without medical questionnaires for those transitioning from group coverage.
