Life Insurance is An Important Tool Used By Most Small Businesses in Canada.

Canadian businesses, especially smaller, closely held businesses, utilize the benefits of life insurance in many different ways.

• Life insurance is used to protect companies in case of a premature death of an active owner. Life insurance is used to purchase a deceased partners interest (fund a buy sell agreement), and provide an income stream to the surviving family.
• Life Insurance is used as a financial cushion to a company against the loss of an active owner or key employee. Life insurance buys time and ensures years of profitability for a business in case a key person dies, also known as key man insurance.
• Life Insurance provides cash to equalize the inheritance of a family where only one of the children inherits the company.
• Life Insurance provides cash to pay taxes so that the company doesn’t have to be potentially sold to pay a tax liability.

Business Clients often see Lifesure Group as another person on their payroll.

Just envision the benefits we could bring your business. If you had an extra employee, would that complicate your business? Probably not. For example, you could pay Lifesure Group $5 an hour and we will guarantee that $1 million dollars of after tax money will be paid to your company in the event of your death. And if you can afford $25 an hour, we’ll bring you $5 million. If you don’t want our services in ten years, we’ll pay you back all of our salary, plus interest. It’s a win-win situation for any business owner.

Book your free life insurance for business consultation right now.