Key Man Insurance

If you're like most business owners, you've spent a lot of time working on your business and haven't paid much attention to your personal planning.

If you're looking for Key Man Insurance to protect your business from the loss of a key executive, or you're looking for advice on funding your partnership buy-sell arrangement with insurance you've come to the right place.

But this can get complicated:

• Who should own it? Your operating company or your holding company?

• Who should you name as beneficiary?

• Is future insurability potentially an issue?

• Do you want conversion options?

• Does this person need to have the option to take the policy with them when they leave?

• How much insurance do you really need?

Dawn Vader, our business advisor comes from a banking background where she spent 15 years in commercial collections, commercial lending and then private banking with BMO. She founded Red Seal Financial Ltd. in 2013 in order to work more closely with business owners. If you're looking for Key Man Insurance, she can help you understand your options.

Introduce yourself and let's start a dialogue.