Finuity Blog

What Conditions Are Covered Under Critical Illness Insurance?

Critical illness insurance covers specific serious medical conditions that can disrupt both personal health and financial stability. Knowing what's included is essential for anyone considering this type of protection, whether through a group plan or individual policy....

The Role of Critical Illness Insurance in Executive Compensation Packages

Attracting and retaining top executive talent requires more than offering a competitive salary. As the demands on business leaders increase, so do their expectations for protection against personal and financial risk. For business owners and organizations competing...

Retirement Compensation Arrangements: An Option for High-Income Earners

For business owners and senior executives, traditional retirement savings vehicles like Registered Retirement Savings Plans (RRSPs) and Registered Pension Plans (RPPs) may not provide enough income to sustain their lifestyle after retirement. A Retirement Compensation...
What is Critical Illness Insurance?

What is Critical Illness Insurance?

Critical illness insurance provides a financial lifeline during life’s most challenging moments. If you’re diagnosed with a covered medical condition—such as cancer, a heart attack, or a stroke—it pays out a one-time, tax-free lump sum that can be used however you see...

Key Features of DPSPs: Benefits for Executives

Key Features of DPSPs: Benefits for Executives

Deferred Profit Sharing Plans (DPSPs) offer a strategic advantage for organizations looking to attract and retain top talent while helping key individuals enhance their retirement savings. As a flexible alternative to traditional pension plans, DPSPs provide tax...