Q: I’m a business owner. How can I have critical illness insurance and at the same time put money aside for the future?
A: We offer a unique plan that combines critical illness coverage with an investment component that may allow the insured to receive 100% of the paid premiums tax free at the end of the term.
We offer a wide choice of insurance solutions that meet your business wealth management needs and goals.
Some of the ways we can use our insurance solutions to benefit you and your business:
We provide business owners and executives with customized investment strategies that enhance and protect their financial worth, giving them peace of mind.
Our strategies are designed to mitigate risk and long term tax implications; For example:
It is important to plan for your retirement because you want to ensure that you have the resources necessary to achieve a retirement lifestyle you are happy with.
The sooner you start, the easier it becomes to achieve your goal. Our strategies will allow:
Estate planning aims to minimize the income tax consequences of preserving and transferring business assets to your beneficiaries. Some examples are:
Leveraging strategies are designed to provide business owners with both protection and easy access to funds for alternative investment purposes. These strategies:
We offer several unique strategies that allow business owners and executives to utilize excess funds within their company in a tax efficient way, while mitigating potential risks such as critical illness and / or death of the owner and key employees in the company.
These plans provide the company with funds that can be used to:
They also benefit the shareholder or key employee due to the ability to:
The purpose of Transition Planning is to ensure that you are well prepared for events such as retirement, disability or death; either yours or of a key person in your company.
Utilizing such strategies will:
In order to figure out where you currently are on both the personal and business fronts, find out where you would like to go and create a plan to get you there; we would need to conduct a Financial and Business Needs Analysis.
As a part of this process, we will ask you to provide us with some information and once we reviewed it; we will be able to provide you with our recommendations.
Our second opinion service is independent and objective.
We examine the investments and insurance coverage that you currently have in place to determine whether these are suited to your current circumstances and risk tolerance, and how they fit with your overall financial plan.
We share our findings and recommendations with you once we are done with our analysis, without any obligation from your part.
Making one-time decisions about investment mix and insurance coverage are not enough in our opinion. Life changes over time and those changes should be reflected in your portfolio makeup on an on-going basis.
We look at your complete financial picture from a holistic point of view rather than as isolated pieces in a specific moment in time.
We monitor our clients’ investment and insurance structure to ensure that their portfolio is reflecting their current needs and goals and make any necessary changes, if needed, so that they have the peace of mind to concentrate on the things that are most important to them.
Q: I’m in my 50’s and own a company. How can I invest excess funds I accumulated in my company and be able to effectively transfer them to my estate? A: We utilize strategies that allow you to distribute locked-in surplus to shareholders or your estate in a tax efficient way, which may result in tax savings of thousands of dollars.
Q: I am a business owner. How can I use my company’s excess earnings to generate additional tax efficient income? A: We offer a unique tax efficient strategy that, unlike GIC, significantly increases your net income, while preserving your assets for your heirs.
Q: I am a business owner. How can I use my company’s excess earnings to generate additional tax efficient income? A: We offer a unique tax efficient strategy that (unlike, GIC for example, which generates rather low income that is heavily taxed under the corporation) significantly increases your net income, while potentially preserving your assets for your heirs.
Q: I have a valuable employee/ executive in my company. How can I protect my company in case this key person is unable to continue working? A: We offer a few strategies that will protect your company from the potential losses that may occur by a sudden passing or disability of a key person in your company.
Q: I own my company and have plans to expand my business. How can I utilize funds I currently spend in order to finance my expansion? A: We offer a unique strategy that utilizes the premiums that are paid into your life insurance policy to facilitate a loan that can be immediately used to support your expansion plans in a tax efficient way.
Q: I’m a business owner. How can I have critical illness insurance and at the same time put money aside for the future? A: We offer a unique plan for business owners and key employees in the company that combines critical illness coverage with an investment component. One of the benefits of this plan is that at the end of the term, if the insured remains in good health, they may receive 100% of the paid premiums tax free, giving them a head-start on their retirement savings, while protecting them in the interim.