- Life insurance for security on a business loan, required by your financial institution.
- We provide a range of life insurance products through a number of providers.
Key Man Insurance
- Most businesses have at least one (and possibly several) key employees. They may be long-term employees, or bring a valuable or unique set of skills that are not easily replaced.
- We offer life and disability insurance for key employees that ensure your business can absorb any financial loss that arises from the loss of a key employee.
Disability Top-Up / Carve-Out
- We offer customized disability coverage for shareholders and executives of businesses.
- Carve-Out: A disability solution whereby we "carve" out the executive from your group disability plan and replace it with personalized coverage with enhanced disability definitions.
- Top-Up: A solution whereby we top-up basic group disability coverage with personalized and enhanced individual coverage.
- Most businesses have a Unanimous Shareholders Agreement among the Partners/Shareholders, that governs what happens in the event of death or disability of a shareholder
- Integrated Benefits works with your Accountant and Lawyer to ensure the agreement is properly written to maximize tax efficiencies, and to accurately "value" your business.
- We arrange life and disability insurance to "fund" the buy/sell portion of the agreement, to ensure your business continues to operate without interruption in the event of an unexpected tragedy involving a shareholder.
- Your executives provide leadership and vision for your organization.
- Providing your executives with access to extraordinary private medical clinics for annual or periodic medical exams is an excellent way to show how much your organization values them.
- We have researched several providers, and can recommend and arrange private medical exams for your executives, the cost of which is tax-deductible to your business.