Business solutions
Insurance can help protect business owners while a benefits and savings plan can attract and retain employees.
A business is only as strong as its people.
As a business owner you’re working to put yourself, partners, and employees in a position to succeed. That purpose is our purpose. Insurance protection can help provide some reassurance knowing your business can continue to run smoothly if something happens to you or your partners as well as help the planning of business ownership succession.
A health and retirement savings benefits plan can help you attract and maintain employees, while providing them the resources to help secure their physical, financial, and mental wellbeing.
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Group Insurance
Making your employee’s health and wellness a priority can attract new talent and engage your workforce.
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Succession Planning
When the time comes, handing over the company with a careful exit strategy can help you keep the value of your business.
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Key Person Coverage
The right insurance coverage can help you protect your business, if you, or a key employee is suddenly unable to work.
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Business Coaching
Coaching can provide the support, guidance, and the accountability you need to overcome obstacles in operating a business.
What insurance does my business need?
There are two main categories of insurance that a business will need; insurance for the owners, and insurance for the employees.
If you have a new business, term insurance can help cover your loans and overhead costs. But if you have an established business with a few revenue-driving employees, disability insurance or critical illness insurance can help protect your success if something were to happen to key people.
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Key person insurance
Life insurance
Critical illness insurance
Disability insurance
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Group benefits plan
Health insurance
Dental insurance
Group RRSP or TFSA
Retirement Pension Plan
Group insurance & benefits
Invest in your company’s health
Making your employee’s health and wellness a priority can attract new talent and engage your workforce.
A group benefits plan helps employees cover the cost of things that provincial health care plans may not pay for, including certain prescription drugs, dental, hospital, vision, paramedical and ambulance services. You can also combine your group benefits plan with a retirement and savings plan to help your employees reach their financial and retirement goals.
Succession planning
Protect the business you’ve grown for the future
Your choice of successor, the structure of your business, and working with the professionals listed above will help you work through your transfer. How you transfer your business – to a family member or through a cash or financing sale, for example – will help you determine the timeline for exiting the business. And, with all the helpful resources available – many of them free – there’s no time like today to plan for the future.
Key person coverage
Ensure the important people are covered
Key person insurance is insurance a company buys on the life or health of an owner or employee crucial to the company’s success. With collateral assignment, this type of business insurance can also help your company borrow money. Even if business owners have key person insurance coverage, they should also consider personal life insurance.
Business coaching
Achieve your full potential
As a business owner, it can be overwhelming to navigate the challenges and opportunities that come with running a successful company. Business coaching can provide the support, guidance, and accountability you need to overcome obstacles, reach your full potential, and achieve long-term success.
Why provide a benefits, retirement and savings plan for your employees?
Beyond helping improve the financial, physical and mental wellbeing of your employees, a benefits, retirement and savings plan can increase productivity and attract talented people. Provide a comprehensive approach to your employees' wellbeing that’s customized for your organization within your budget.
Canadian companies come in all shapes and sizes, so doesn’t it make sense to find a benefits plan that does too? Let’s design a benefits package that fits your business’ needs, size and budget.
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Employee benefits plans
You have the flexibility to offer a plan that works for your employees at a price that makes sense for you. Usually companies choose from a group of base benefits and then tailor their plan from there.
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Group retirement and savings plans
Help your employees reach their financial goals while they’re working and preparing for retirement. Choose from a range of products and services tailored to meet the needs of your business and employees.
What is insurance for business owners?
Business-owned insurance provides a one-time payout to your company if you, your business partner or key employees die. It can help cover business debt, overhead expenses or a partner buy-out.
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Life insurance
Life insurance for your business can be a flexible way to help maintain your business’ success. You can use it to protect yourself, your business partner and the future of your business. In some cases, it can also help your business access cash value from certain policies.
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Critical illness insurance
It can give your business a tax-free payment if you’re diagnosed with a serious condition. Your contract will define which conditions you’re covered for, but some examples include cancer, heart attack and stroke. Critical illness insurance isn’t just limited to you; you can also insure key employees.
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Disability insurance
A disability policy owned by your company can provide a monthly payment. It can help keep your business running smoothly and cover expenses if an illness or injury keeps you from working.
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Health & dental insurance
You have the flexibility to offer a plan that works for you and your employees at a price that makes sense for the business. Usually companies choose from a group of base benefits and then tailor their plan from there.
