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Business debt and family income protection

Protecting your business and loved ones

What’s most important to you? The business you’ve worked hard to build? Your family and loved ones? We can help you protect both with a business debt and family income protection plan funded by life insurance.

So how does it work? Your business purchases a life insurance policy on you and your business is the owner and beneficiary. When you die, your business receives insurance proceeds, which are generally tax-free. Your business can use the proceeds to pay debts and mortgages and could also provide an income to your family.

Our business debt and family income protection plans can help you:

  • Maintain business revenues
  • Pay off business debt and mortgages
  • Replace income no longer received from your business
  • Cover personal debt and mortgages

We’re here to help customize a plan that protects what’s most important to you.

 

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