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Private Health Services Plan (PHSP)

A Private Health Services Plan, also known as Cost-Plus or a Private Health Trust, is an affordable, flexible option for small business owners to provide hospital and medical benefits to their employees, including extended health, dental and vision, and receive preferential tax treatment. Cost effective and tax efficient, Cost-Plus plans can provide up to 100%
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Wealth Creation

Wealth Creation It is not uncommon to see a business’s profits or surplus cash invested in GICs or taxable investments. These taxable investments may not always be in business’s best investment option. If the business or corporation already needs an exempt life insurance policy for key-person insurance, business loan protection or some other business insurance
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Executive Compensation

Business Owners and Corporations are often looking for innovative ways to supplement benefit packages to both attract and retain key executives. One very accepted and effective way of accomplishing their goal is to offer an Executive Compensation Package that could include well designed insurance products such as life insurance, disability insurance and critical illness insurance.
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Split Dollar Life Insurance

Split Dollar Life Insurance Many businesses may appreciate the versatility of Life Insurance products in allowing them to use one policy to meet a dual need!  It is not unusual to encounter a business that requires financial protection that life insurance provides against death, either theirs or someone else’s within the company (i.e. Key Man
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Business Loan Protection

BUSINESS LOAN PROTECTION It is absolutely imperative that effective planning must take place for any business to survive the owner’s or another key executive’s death. Unfortunately, it can be extremely difficult to obtain adequate debt financing for a business since creditors will often require the business owner to personally guarantee a loan. The death of
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Capital Gains Tax

FUNDING CAPITAL GAINS TAX ON A BUSINESS AT DEATH Using a life insurance policy can be a very effective way to fund the business tax liability that arises at death! At death, any individual who owns shares in a corporation, a partnership interest, or business assets (such as in the case of a sole proprietorship)
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Creditor Protection

Creditor Protection If you are an established business owner or an entrepreneur just starting out, it is important for you to be aware of the need to develop a creditor protection strategy. Most business owners, officers and directors don’t realize that their personal assets are at risk for creditor claims in the event that something
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Key Person Insurance

Key Person Insurance Business owners and other key executives spend considerable time and effort to acquire the knowledge, experience, judgment, reputation, relationships and skills that make them a valuable asset to the business! If one of these key people dies, becomes disabled or critically ill, the business loses a key member of the management team
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Buy/Sell

Buy/Sell Agreement Funding Is your business prepared for the death, disability or critical illness of one of its owners? If your business loses an owner to any one of these 3 situations, the remaining owners must decide how the business will continue.  Generally, you have four options: You can close down the business, but you
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