Finuity Blog
When Was the Last Time You Audited Your Benefits Plan?
Most business owners review their financial statements regularly. Budgets are revisited. Contracts...
Preparing Your Children for the Responsibility of Wealth
For many successful business owners and professionals, building wealth required discipline, risk,...
Should You Offer Critical Illness Insurance as a Voluntary Benefit?
Critical illness insurance can be a valuable addition to any group benefits program—but should it be employer-paid, employee-paid, or offered as an optional add-on? The right approach depends on your company’s goals, budget, and culture. Understanding the trade-offs...
Critical Illness Insurance for Family-Owned Businesses: Why It Matters
In a family-owned business, the line between personal and professional is often blurred. When a founder or key family member faces a critical illness, the consequences can ripple through both the business and the household. Without a plan in place, illness can lead to...
What Happens to Your Business if You Face a Critical Illness?
Most business owners have plans for economic downturns, supply chain disruptions, or competitive threats. However, far fewer have a strategy in place for what to do if they themselves face a serious illness. The reality is stark: a critical illness can affect more...
The Fine Print: Common Exclusions in Critical Illness Insurance
What business owners need to watch for when purchasing a policy Critical illness insurance offers valuable protection—but understanding the exclusions is just as important as understanding the benefits. Business owners often rely on this coverage to support...
Navigating Executive Compensation: Salary, Dividends, and Deferred Plans
For incorporated professionals and business owners, compensation is more than just a paycheque—it’s a strategy. The way you pay yourself affects not only your personal taxes but also your corporate efficiency, retirement savings potential, and long-term wealth plan....
Standalone vs Shared Interest Critical Illness Insurance: Which One Fits Your Business?
Critical illness insurance is a valuable tool for protecting your business and your team from the financial impact of serious health events. However, not all policies are structured the same way. For business owners looking to offer coverage for themselves or their...