Insurance Solutions for Corporations, Entrepreneurs and Affluent clients

If you are a shareholder of a successful, private corporation and you are looking for an advisor that can quickly understand corporate organizational charts, financial statements, shareholder agreements, and all the financial information necessary to improve recommendations to your benefit then Gennaro Natale is your advisor.

You want your business to continue if any of the shareholders die. If you die, you want to be sure that funds are available to buy your shares and provide your estate with the liquidity it needs. You also want to ensure that if another shareholder dies, funds are available to purchase their shares to facilitate an orderly and timely buy-out. There are a number of different ways you could provide for this capital. You could establish a savings plan to accumulate the required funds, or at the time the need arises, you could use personal or corporate cash or borrow funds from a bank.  A life insured Buy-Sell Arrangement could be an option to consider.

  • How Buy-Sell Arrangement Works
    What will you do if a partner is sick, disabled, or dies?
  • Key man insurance
    What will you do if a key person is sick, disabled, or dies?
  • Critical illness insurance

    If you’re diagnosed with a critical illness, focus on recovery with support from a critical illness insurance solution that guarantees a lump-sum payment when you have certain health issues. Manulife insurance lifecheque client brochure

  • Disability insurance

    Do you know what is your income replacement ratio?
    In other words: What portion of your income will you continue to receive in case you are  sick or disabled?”
    Get help protecting your family and your business from an unexpected illness or accident that leaves you unable to earn an income with a disability insurance solution.

Special Concepts for Business Owners and Affluent clients

  • Corporate Insured Retirement Program
    For affluent clients and entrepreneurs, the Corporate Insured Retirement Program is a financial planning strategy designed to meet your needs for life insurance protection today and access to tax-advantaged cash in the future.
  • Immediate Finance Arrangements (IFA)
    For affluent clients and entrepreneurs, the Immediate Finance Arrangement (IFA) can be an effective way to provide life insurance protection today and into the future while preserving cash flow for investment purposes.

Group Insurance

In the scope of our mandate, we will proceed with a detailed analysis of the current group insurance plan structure or the one to follow in order to determine adequately the needs and expectations of the employees and the employer. We strive and seek opportunities to enrich plan value, reduce costs and help improve the employee experience.

This analysis will be carried out in collaboration with a leading industry firm fully staffed with 27 full-time employees, highly qualified, passionate, conscientious dynamic, and professional consisting of 10 actuaries, analysts, and a customer support team with an average of 14 years of seniority at your service.

For more details, please refer to our Group Insurance and Group Annuities Service Offer.

Here are your options:

Group Retirement Plans

The new demographic and social realities, as well as the workforce shortage, compel employers and employees to realize the importance of establishing a group retirement plan.

Working with dozens of trusted partners for over 33 years has awarded us the privilege of providing a multitude of financial solutions to serve you better.

For more details, please refer to our Group Insurance and Group Annuities Service Offer.

Here are your options:

  • Retirement Savings Plan (group RRSP)
  • Deferred Profit-Sharing Plan (DPSP)
  • Simplified Pension Plan (SPP)
  • Tax Free Savings Account (group TFSA)
  • Voluntary Retirement Savings Plan (VRSP)

Office Overhead Insurance

What it is?
Office overhead offers great features and benefits for self-employed individuals. By reimbursing business expenses like salaries, rent, utilities and more, Office overhead insurance can help make sure you don’t have to closeup shop early because of a loss of income from an illness or injury.

Who it’s for?
Office overhead insurance is ideal for self-employed people directly responsible for business expenses.

How does it work?
Office overhead insurance provides monthly reimbursement of business expenses  in case of total disability.  Premiums paid may be tax deductible as an expense.

With office overhead insurance, you can:

  • Be certain your premiums and coverage won’t change if your health changes
  • Have business expenses reimbursed based on the most preferred definition of total disability (based on own occupation definition for classes 4A and 3A)
  • Get up to $40,000 of monthly benefits
  • Gain the advantage of special carry-over and extended monthly benefit features when business expenses vary from month to month
  • Receive extra payments from the Disposal of Interest in Business feature (includes legal and accounting expenses)
  • Convert to an income replacement plan if protection is no longer needed for business expenses.