Category Archives: Business Protection

Introducing Solutions Financial Group Benefits

Posted on: August 29th, 2019 by Brad Schwartz

After 17 years in business, we are pleased to launch Solutions Financial Group Benefits! We have the newest Group product available in Canada. Solutions Financial Group is designed the ground up to be Canada’s most flexible, adaptable and comprehensive product on the Market.

Servicing businesses with employees from 1 to 1,000!
Solutions Financial Group Benefits Packages feature:
A Dedicated Group Benefits specialist

  • We ensure that the Representative that completes your enrollment will remain your dedicated Service Rep! Therefore you are always speaking to a familiar voice who has detailed knowledge about your specific business and employees. We handle:
    • Needs Analysis
    • Administrative support
    • Assistance with enrollment and launching
    • Claims Assistance
    • Renewal Analysis

Covering all of Ontario

  • We are a Provincial Wide Group Benefit provider servicing all of Ontario.

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Getting the Best Life Insurance for the Business Owner

Posted on: March 19th, 2013 by Peter Choma

Getting the Best Life Insurance for the Business Owner

Anyone that has a business understands how important it is to be able to have a secure financial foundation. Numerous businesses have gone belly up all because they didn’t have the proper funding. Those individuals that are interested in making sure that their businesses have a financial future should consider life insurance for the business owner. This particular type of life insurance can be used for a variety of purposes.

People obtain life insurance for the business owner to make sure that the person who owns the business has some sort of financial backing. Since businesses fluctuate so frequently, this type of insurance policy helps to protect a business owner.

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Life insurance to fund a buy-sell agreement

Posted on: June 27th, 2012 by Peter Choma

Protecting your business for the future
Why do we need a buy-sell agreement?

A buy-sell agreement sets out the terms under which the interest of the disabled or deceased shareholder will be sold. It also contains provisions for the transfer of ownership when you retire. As well, if properly funded, the shareholder’s family will receive fair market value for the shares. Thus, providing them with capital to help maintain their standard of living. Funding your Buy-Sell agreement with a Life Insurance policy may be right for you.

A properly Life Insurance funded buy-sell agreement can:

  • Assure creditors that funds will be available to pay bills.
  • Assure existing employees that the company will have the means to continue
  • Ensure a market for each shareholder’s interest in the business
  • Set the terms under which you and your fellow shareholders agree to buy and sell each others’ interest in the business
  • Ensures surviving shareholders have the necessary funds required to buy out the deceased shareholders interest
  • Provide for your family in time of need.

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