and Savings Plan
Life and Financial provides personalized service meeting the highest
quality standards to companies of all sizes in all sectors of industry
through its full range of group insurance products and services. See
some of services below for business owners.
for the Business Owner
for business owners
Getting better costs money As Bob discovered, treating and coping
with illness can
mean significant and often unexpected costs. For the business owner,
this can be especially difficult because the business that pays your
everyday living expenses may be at risk if you can't work
A Buy-Sell agreement ensures that money is available to buy a deceased
partner’s share of the business, using life insurance as the
vehicle to fund this purchase.
Key Person Insurance
Protect the continuity of your business against the loss of a key
employee or owner.
Disability Buy-Out Coverage funds a disability buy-out agreement between
business owners if a total disability forces one of the owners to
stop working. It is designed to reimburse the buyers of a business
for the cost of purchasing the disabled Insured’s interest in
are a kind of guaranteed investment only offered through the insurance
industry. They are very similar to GICs, but because they are offered
by a life insurance company they have different guarantees, and the
added benefits of a beneficiary designation and potential
Office Overhead Coverage
Can your business survive if you have an accident or an illness that
leaves you unable to work? It can with the protection of monthly benefits
designed to cover your day-to-day expenses.
Is a comprehensive process designed to assist the business
owner in planning for the eventual transition out of business management
and the transfer of business ownership upon retirement. Business succession
addresses all eventualities, including the possibility of death or
disability of an owner. See
for your employees
and Dental Plans
One major factor in giving employees a sense of security and satisfaction
is a solid benefits plan. When they don’t have to worry about
medical expenses, or financial protection against a disability, they
can focus on their work.
Life, Disability, and Critical Illness
Insurance offers protection from the unexpected. With a Group Benefits
Plan that includes Life Insurance, Disability
Insurance, and Critical Illness Insurance, employers can
help their employees gain security through life’s most difficult
A healthy lifestyle impacts every part of your day-to-day work environment.
Corporate Wellness Programs translate into fewer injuries, less human
error, and a more harmonious office environment. They also let you
know that your organization is concerned about your general health
RRSPs and Pensions
o This is an employer-sponsored savings program, approved by the Canada
Customs & Revenue Agency, that permits tax deferred saving for
retirement purposes. Contributions to a RRSP are tax deductible, and
earnings on contributions are sheltered from taxes until they are
withdrawn. Employers may wish to enhance the value they provide to
employees by offering a Group RRSP in addition to, or in the place
of a Group Pension Plan.
secure employee's are more productive"
ways for the employer to deal
Serving the Saint John, Quispamsis, Grand Bay-Westfield, McAdam,
St. Stephen and Fredericton, New Brunswick
Group Employee Benefits Call
506 214 5433
Saint John, New Brunswick