Business Planning

Partnership Insurance

Your partnership is like a marriage, what happens if there is a disagreement or worse? Protect the fate of your company.

At the Pension Planning Centre, we want to help you increase the value of your business and make sure that you and your partners are always protected. Purchasing partnership insurance is critical to the life of any business. Your business is your livelihood and you need to plan for every possible scenario so it can remain profitable. Business partners should have life insurance to ensure beneficiary status. This way, in the case of a death, the payout could be used to buy the deceased partner’s share of the company.

  • A cross purchase plan is ideal for two business partners. With this type of life insurance, each partner purchases a insurance and has the other as the beneficiary.
  • An equity plan is when the company purchases insurance on each partner and each partner becomes the beneficiary on each policy.

Living Benefits

What kind of financial impact would a critical illness have on your business?

When it comes to our health, the reality is sometimes we have no say in the matter and that’s the long and the short of it. The only thing we can do is protect what we have and plan for the future. As a business owner, if something were to happen to you would you be prepared? The Pension Planning Centre can protect you with Living Benefits insurance. If you were to become ill or injured, we would help to ensure payout for:

  • the daily expenses to run your business
  • mortgages and other debts
  • alternative or specialized medical treatments

Tax & Succession Strategies

Surveys show that the majority of small business owners lack a succession plan, and the plans that do exist aren’t customized to the owner’s needs.

We want to help you amplify your company’s wealth by providing you with turnkey financial and legal solutions. We’ll meet with you to understand your goals for your business, implement tax-efficient structures and business succession solutions. Implementing tax-efficient solutions is crucial in enhancing the profit you can make from your business. We’ll guide you so you can minimize your taxes, taking advantage of different solutions. We’ll also help you plan how you will transfer your business – increasing your personal financial security. When the time comes to retire, having an effective succession plan in place will ensure that:

  • You’re protected in the case of subsequent business failure after your departure
  • The value of your business will be a hefty source of income in your retirement
  • Should you choose to leave your business to your family, you and your family will benefit from tax deferral opportunities
  • You’ll be protected in the case of a sudden death of a business partner

Group Insurance

Did you know that costs paid into a group insurance program are considered a tax deductible business expense?

Group insurance provides both the employer and the employee with many benefits. Your contribution has the ability to make the insurance plan less costly for your employees, and in return, you benefit from the costs which are tax-deductible. Additionally, by showing your employees that you care, you are promoting loyalty within the company, as well as a healthier work environment. We can help you find the right insurance plan for you and your employees.

Investment Strategy

Would you believe that 80% of the people who think they have insufficient cash flow to invest actually can?

We’ll assess your short and long-term goals to deliver a personalized strategy. We’ll ensure that your investments are appropriate for your risk tolerance, while concurrently remaining tax-efficient. Our powerful business investment strategies will benefit you by helping you preserve your wealth and reduce your income tax on future growth. Furthermore, as you build your equity and assets, we’ll make sure that your business is safe from creditors and lawsuits by working with a network of trusted professionals.

Cash Flow Optimizer

It’s like a TFSA on steroids! Interested in a little boost?

The cash flow optimizer is a retirement tool which understands that sometimes retirement savings alone is not quite enough to make your retirement dreams a reality. Plan ahead and supplement your retirement income. Let us help you plan for your retirement and ensure you are on the right track.


Mutual funds and/or approved exempt market products are offered through Investia Financial Services Inc.