Executive Health Plans 101
Executive Health Plans (EHPs) are insurance solutions designed for incorporated businesses. EHPs provide critical illness protection for the key person of the company, typically the ...
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What Does Having a Pre-Existing Condition Mean for Your Life Insurance?
It’s a common misconception that having a pre-existing condition means that you automatically do not qualify for life insurance. The good news is this is ...
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Key Person Insurance
Thanks to their size, small businesses usually rely on a few key people to keep operations running smoothly. Whether it is a front-line supervisor that ...
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Using Corporate Owned Life Insurance to Reduce Passive Income Taxation
Effective January 2019, new tax rules will come into effect that will have a dramatic impact on some small business owners. Starting in 2019, the ...
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Private Corporations Dodge a Bullet with the 2018 Federal Budget
The Liberal Government’s Federal Budget was delivered by Finance Minister, Bill Morneau, on February 27, 2018. There had been much concern and speculation about the ...
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Are Life Insurance Premiums Ever Tax Deductible?
Considering that the proceeds of a life insurance policy are received tax free upon the death of the life insured, it is not surprising that ...
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Private Corporations in the Cross Hairs
If you are the owner of a private corporation you should be concerned about the commentary that is coming from the Department of Finance. In ...
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Insurance Audit for the Business Owner
Many business owners understand the important role that life insurance plays in effective corporate planning. Whether it is the funding of a shareholders’ agreement, life ...
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Life Insurance and the Capital Dividend Account
Many business owners are unaware that corporate owned life insurance combined with the Capital Dividend Account (CDA) provides an opportunity to distribute corporate surplus on ...
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The Corporate Estate Transfer
If you are the owner of a successful company it is likely that you have retained profits or surplus cash in your corporation. If this ...
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