5160 Explorer Dr, Suite 11, Mississauga ON L4W 4T7

(289) 724-0013

Professionals and Business Owners

Professionals and Business Owners

Physicians, Veterinarians, Lawyers, Accountants, Engineers, Sole Proprietors, Partnerships, Others

Retirement Plans - Savings & Income

Retirement plans are customized to assist the professional / business owner and/or their employees to save for retirement or target a retirement income.

Plans for the business owner / professional available include but not limited to are RRSP, Defined Contribution Pension Plan (DCPP), Individual Pension Plan (IPP), Retirement Compensation Arrangement (RCA), Income Replacement Plan (IRP).

Plans available for the professional / business owner employees include Group RRSP, DCPP, IPP / DBPP, RCA, Deferred Profit Sharing Plan (DPSP).

Health Care Coverage

Whether you are self-employed, a professional, a small business owner (for you and your employees), or work on either a contract, part-time, seasonal, or temporary basis,  a number of bundled plans are available with varying levels of health, dental, drug and travel coverage at competitive prices.  Some plans provide coverage for life including Travel Insurance

Life Insurance

A financial benefit (usually a lump sum) paid to the designated beneficiary on death of the insured person.  Examples include:

  • Term Life Insurance
  • Whole Life Insurance
  • Universal Life Insurance

Income Protection

What will you do if you cannot perform the duties of your profession?  Do you have the financial backing to cover your lifestyle while on the road to recovery?  What if it takes 2 years, how about 5 years? Or longer?

Provide protection against the possibility of income during the productive years of life when the impact on the ability to save for retirement can be significant and devastating.  Examples of Income Protection are:

  • Disability Insurance
  • Critical Insurance
  • Long Term Care Insurance

Strategies for the Professionals / Business Owners

Strategies for the Professionals / Business Owners

Buy-Sell Insurance

Is specifically designed to help the healthy owners of a small business purchase the interest of a disabled owner.  Most small businesses cannot afford to indefinitely meet the cash requirements of a nonproductive owner.

Key Person Insurance

Protection against this severe financial impact on the loss of a key person.  Creates immediate working capital for a business to meet immediate cash needs and the time needed to find a replacement in the event of the death of a business owner or key executive.

Overhead Office Expense

Reimburses business expenses like salaries, rent, utilities and more.  Helps businesses stay in afloat when a professional or business owner is impacted by illness or injury.