Should You Self-Insure or Get Disability Insurance? Why Relying on Savings Might Not Be the Best Plan Many people ask whether it’s better to self-insure rather than purchase disability insurance. The idea makes sense on the surface—why pay premiums when you could just save money in case you ever become disabled? But when you [...]
Who Offers the Best Life Insurance? How to Find the Right Term Life Policy for You If you're shopping for the best life insurance in Toronto, you’ve probably realized that there’s no shortage of options. With so many companies offering term life policies, how do you know which one is the best fit for [...]
Is Shared Critical Illness Insurance a Good Idea? What You Need to Know Before Saying Yes If you own a business in Canada, you've probably been approached about a Split Dollar Critical Illness (CI) Policy at some point. On the surface, it seems like an attractive way to get critical illness insurance while also [...]
Can I Set Up a Health Spending Account (HSA) in My HoldCo? A common question business owners and accountants face is whether a Health Spending Account (HSA) can be set up within a Holding Company (HoldCo) instead of an Operating Company (OpCo). While this may seem like an effective tax and benefits strategy, it’s [...]
What are the Best Disability Insurance Contracts in Canada for Professionals? When selecting a disability insurance policy as a professional, it’s important to understand the key contract provisions that set the best policies apart. One of the most significant features is Non-Cancellable coverage, meaning that while you can cancel at any time without penalty, [...]
Understanding the Definition of Disability Insurance for Professionals Choosing the Right Disability Insurance for Your Career As a professional, you’ve invested years—if not decades—into building your career. Whether you're a physician, dentist, lawyer, or business owner, your ability to work is your greatest financial asset. But what happens if an illness or injury prevents [...]
