Corporate owned insurance can have many benefits. A policy owned by your operating company though, can cause quite a few headaches. When it comes time to
You own your own business and you have incorporated. A smart decision, since corporate structures have significant benefits such as: Limited liabilityContinuity of the businessEasier access
During these unprecedented times, the value of your business or other assets may have dropped 10%, 20%, 30% or more. While this result can be devastating right
Beneficiary Make sure to select the right beneficiary! Remember that you're using corporate dollars to fund this corporate "asset" so if the corporation owns the policy
Aligned Capital Partners Inc.
Aligned Capital Partners Inc. (“ACPI”) is a full-service investment dealer and a member of the Canadian Investor Protection Fund (“CIPF”) and Investment Industry Regulatory Organization of Canada (“IIROC”). Investment services are provided through ACPI. Only investment-related products and services are offered through ACPI and covered by the CIPF. Financial planning and insurance services are provided through Bilyk Financial Wealth Management. BFWM is an independent company separate and distinct from ACPI.
Disclaimer
This page may contain several strategies, not all of which will apply to your particular financial circumstances. The information on this page is not intended to provide legal, tax, or insurance advice. To ensure that your circumstances have been adequately considered and that action is taken based on the latest information available, you should obtain professional advice from a qualified tax, legal, insurance, and financial advisor before acting on any of the information on this site.
