Business Solutions
A business is like a child – you invest a lot of time, effort and thought into building a healthy and successful business. In the same way that you want to protect your children or family, protecting your business should be at the forefront of your financial goals and objectives.
It is important to understand the available and necessary insurance products that are on the market to build your business and properly plan for the future. Just like every family is different, so is every business. We work with different businesses of different sizes in different industries to ensure that we provide unique solutions for each business.
With my background in owning, operating and running a family-owned business, I know the risks and pitfalls involved in not properly planning – take the time to protect your business.
Business Succession Planning
A Business Success Plan can ultimately aid in making important decisions about important elements of a business including ownership, management and potential setbacks. These plans are designed to maximize value and success.
“It is extremely important to think about elements such as plans for retirement and how you want your business to operate upon retirement or should you wish to leave.” Many factors come into play here (i.e. valuations, tax planning, trust/will planning, post mortem and asset disposition planning, etc.).
We work with businesses of all sizes in various industries to develop a vision based on goals and objectives.
Shareholder Protection
What would happen if you or any other shareholder were unable to continue working due to injury, illness, disability or death? How would your business continue to operate? Implementing protection for shareholders can help your business mitigate the direct impact of such.
Key person life insurance
Business Expense Coverage
If you or anyone within your business became unable to work, would you still be able to afford business expenses (i.e. rent, cost of products, utilities, etc.)? Business Expense Coverage is designed to help keep a business intact.
Health Plans and Benefits
Individual Plans
Whether you are a sole practitioner, between jobs or even retired, we work with our clients to source out low cost plans with various features. There is always a perfect health plan available for you and/or your family. We work with various people in various industries and put together a tailored health benefits plan to ensure affordable protection. These plans offer a range of supplementary health, dental, drug, hospital, etc.
Group Plans
Group health plans and benefits are utilized to offer employees health and benefits coverage. All plans can be tailored to meet the needs and requirements of your company, company size and industry. Group plans are designed in such a way to make it cost effective and also with an eye to the future in maintaining the integrity of the plan. We are delighted to be able to work with every company in Canada which allows us to shop the market and go through the process to educate our clients and choose a plan that meets each client’s needs. We proactively manage our group plans so that our clients can have as much hands-on or hands-off experience as necessary. Health plans and benefits today are a most have to attract better qualified employees.
Foreign Travel and High Risk Occupations Insurance
Small Corporate Plans
Small Corporate Plans are utilized for small business – as low as 1 sole operator! We deal with major insurance carrier that will offer group plans with small number of employees. These products are designed to meet the medical needs of employees and/or their families. An employer of a small company has the opportunity to run their health benefits through the company in such a way that it is tax-deductible and allows for total control of the cost year-after-year. Unlike traditional group plans, these types of plans are very beneficial in controlling costs for a small company and adding in a benefits and health plans.
