How Business Owners Can Insure Themselves and Access Their Corporate Retained Earnings
The strategy we outline in this blog posting helps solve 2 main problems for business owners:
1) They need the insurance
2) They want to know how to pull retained earnings from their company in the future without losing 1/2 of it to taxes
Here's an infographic for shared ownership critical illness insurance (also called "Executive Health Savings Plan" or EHSP.) In this infographic, we outline the concept, how it works, sample study and how it can benefit you.
Shared Ownership Critical Illness offers business owners and incorporated business professionals a way to access the retained earnings in their corporation or provide benefits to a key employee.
Here are 2 pieces from leading Canadian providers that explain it from their viewpoint
Sun Life - Shared Ownership Critical Illness Strategy (PDF)
Desjardins Insurance - The Executive Health Savings Plan (PDF)
Talk to us to see how we can help you.
Contact Us
At Safe Pacific Financial, we specialize in helping Canadian business owners, incorporated professionals, and investors structure life insurance for maximum wealth protection, tax savings, and business growth.
If you would like to discuss whole life insurance or investments, we’re happy to chat and see if we can be a good fit to work with you. Fill out our contact form and we will get back to you within 24 hours on business days.
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