Finuity Blog

When One Life Insurance Policy Can Serve Two Planning Objectives

The evolving role of life insurance in financial planning For many business owners, life insurance begins as a straightforward form of protection. It may provide liquidity to pay taxes at death, preserve the value of an estate, or help ensure that family members are...

Looking Beyond Traditional Employee Benefits

The changing expectations of employee benefits Employee benefits plans have traditionally focused on providing broad protection through health, dental, disability, and life insurance coverage. While these core benefits remain an important part of any compensation...

Why Employers Are Expanding Benefits Plans Beyond Traditional Insurance

Expanding the definition of employee benefits Employee expectations around workplace benefits have evolved considerably in recent years. While traditional group insurance plans continue to play an important role, many employers are recognizing that employees...
Key Person Life Insurance: Essential Protection

Key Person Life Insurance: Essential Protection

The Essential Role of Key Person Insurance Key person life insurance is an indispensable tool for businesses of all sizes. This insurance, taken out on a key employee or executive, safeguards a company’s operations and financial health against the sudden loss of such...

Tax Obligations After a Loss: A Guide for Executors

Tax Obligations After a Loss: A Guide for Executors

In the face of loss, executors face the daunting task of managing the deceased's financial affairs, including the crucial aspect of tax filing. This summary, drawn from an insightful Advisor.ca article, provides a guide to help executors navigate these...