Benefits for Executives

You’ve invested a lot of time to get where you are today. You now realize that the financial well-being of you and your family is closely linked to your ability to ensure that your business runs smoothly.

Your asset base is a combination of the assets that you already have and those that you will acquire in the future. However, your biggest asset is undoubtedly your ability to run your business. That is why it makes sense to ensure that your ability to carry out your duties is financially protected should you become disabled. 

Long-term disability insurance for executives: The importance of a quality contract

When you purchase an insurance policy, you are really purchasing money that you will receive at a later date based on the terms of the policy. That is why it is essential that this policy contain the best possible terms when it comes time to make a claim.

If you are not aware of the terms of your group disability insurance policy, then your plan may not be exactly what you think it is. You can get in touch with us to find out more about disability insurance plans for executives.

Quality, tax-deductible coverage for executives

A plan designed to meet the needs of business executives should contain the best possible contract terms to provide you with peace of mind should you become disabled. We can help you structure your coverage so that it becomes a tax-deductible business expense.

A tax-free lump sum of up to $2,000,000

Your role in the business is important: you realize that people rely on you.  Imagine for a minute that you survive a serious illness and that you must leave the business to take time off to recover.  Will your business and personal finances be affected?

An option offered through the executive coverage package provides you with the necessary financial resources – a lump sum of up to $2,000,000 –if you become seriously ill. This benefit is paid to you and you can use the proceeds at your discretion. This option is very flexible and allows you to recover your insurance costs through a 100% premium refund if you do not claim your benefits. 

Wouldn’t it be comforting to know you have the financial resources you need to help survive a serious illness?
           
This option can be paid for by your corporation and may be tax deductible under certain circumstances.

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