Insurance Planning

Individuals, business owners, nonprofit organizations, and strata corporations all face distinct financial challenges, and it's important to have the right insurance in place to navigate the unexpected. Our range of insurance solutions is designed to protect both your personal and business interests, offering peace of mind whether you're securing your health, managing risk for your business, or supporting your employees. We provide tailored coverage options that help ensure stability and long-term success in the face of life's uncertainties.

Business Owner Insurance

Overhead Insurance

Protect your business from financial disruption in case you're unable to work due to illness or injury. Business overhead insurance covers essential business expenses like rent, utilities, and employee salaries, ensuring your operations continue smoothly while you focus on recovery.

  • Covers fixed expenses during your recovery period.
  • Ensures business continuity during unforeseen events.

Buy-Sell Insurance for Shareholders

In the event of a partner’s death or disability, buy-sell insurance provides the financial means to buy out their share of the business, preventing potential disputes and disruptions. This coverage helps ensure the continued stability and operations of your business.

  • Facilitates a fair valuation and transfer of business ownership.
  • Provides funding to buy out a deceased or disabled partner’s share.

Health Spending Accounts (HSA)

A Health Spending Account (HSA) is a tax-effective benefit plan for business owners that allows employees to be reimbursed for medical expenses, while simultaneously offering tax deductions for the company. HSAs provide flexibility and a streamlined process for managing healthcare benefits.

  • Tax-deductible contributions for your business.
  • Covers a wide range of eligible medical expenses for employees.

Split Dollar Critical Illness (CI) Insurance

Split dollar critical illness insurance allows business owners to provide critical illness coverage for key employees while sharing the premium costs between the employer and employee. This cost-effective, tax-efficient solution helps protect your top talent without putting the full burden on either party.

  • Cost Sharing – Premiums are split between employer and employee.
  • Key Employee Protection – Coverage for essential employees in case of a major illness.
  • Tax Efficiency – Premiums may be deductible for the business, and benefits are tax-free for the employee.
  • Attractive Benefit – Enhances your benefits package to attract and retain key employees.
  • Business Continuity – Minimizes disruption if a key employee falls ill.

Individual Insurance

Critical Illness (CI) Insurance

Critical illness insurance provides a lump-sum payout if you’re diagnosed with a major illness, such as cancer, heart attack, or stroke. This payout helps you manage medical expenses, treatment costs, and other financial needs during your recovery.

  • Coverage for severe illnesses like cancer, heart attack, stroke, and more.
  • Flexible, tax-free payout to use as needed.

Disability Insurance

Disability insurance replaces a portion of your income if you're unable to work due to illness or injury. Unlike group disability insurance, which is tied to your employer, individual disability insurance is portable, meaning you can take it with you if you change jobs. Additionally, individual disability insurance can top up government benefits like Canada Pension Plan (CPP) Disability or Employment Insurance (EI), ensuring you have a more comprehensive income replacement.

  • Replaces income when you're unable to work due to illness or injury.
  • Top-up for government sources like CPP Disability and EI.
  • Portable coverage that stays with you, even if you change jobs.

Life Insurance

Life insurance provides essential financial protection for your loved ones in the event of your passing. We offer a variety of life insurance products, including term, whole, and universal life, so you can find the right fit for your needs.

  • Term Life – Affordable coverage for a set period (10, 20, or 30 years). Can help you fund large liabilities such as mortgages, educational costs and other living expenses if a family member passes away
  • Whole Life – Lifetime coverage with steady cash value accumulation.
  • Universal Life – Flexible policies with an investment component that grows in a tax-deferred account.

Supervisa and Travel Insurance

Traveling abroad? Supervisa insurance is designed for parents and grandparents visiting Canada, while travel insurance protects you against unexpected medical emergencies, trip cancellations, and lost baggage while traveling.

  • Supervisa Insurance – Mandatory medical coverage for visiting parents or grandparents of Canadian residents.
  • Travel Insurance – Protection for medical emergencies, trip interruptions, and more.

We are committed to helping you navigate the complex landscape of insurance and providing solutions that protect your business, employees, and personal well-being. Reach out today to discuss how we can create a tailored quotation for you.