Tax Efficient Strategies

Protect Your Company’s Financial Health

One can face many challenges with the operation of a business – from managing day to day tasks to achieving long term success. If you or a key person expires, these challenges may include ensuring your business continues to generate income to cover operations, taxes and debt financing that your beneficiaries are left to deal with. Life insurance is one of the most effective solutions for funding these business needs as it guarantees the funds will be available. Business Insurance can offer efficient protection that meets your needs can easily fit your budget.

Whether you are succession planning, protecting key executives, or diversifying your assets, Business Insurance packs significant value.

Corporate & Business Insurance in the South Okanagan and Nicola Valley - Brown Benefits.

Business Insurance

Our team works with you to achieve

Protection for you and your business
BB Flexibility to Change and Scale Business
Flexibility to Change & Scale
BB Easy to understand Business Insurance
Easy to understand & manage
BB Ways to fund a buy and sell agreement
Way to fund a buy sell agreement
BB Tax Free replacing Key personel
Tax free replacing of key personnel
Brown Benefits - Licensed provider for Business Insurance and Employee Benefits in the south Okanagan and Nicola Valleys.

Corporate Funded Life Insurance

Diversification and Distribution of Assets

Corporations own Life Insurance for various purposes: key person protection, buy-sell funding, business loan protection, executive compensation, wealth creation & more. Corporately owned insurance can be a valuable tool for the business owner by offering necessary protection, but can also provide a financial vehicle to accumulate sums on a tax preferred basis.

  • Tax sheltered accumulation
  • Reliable returns on investment
  • Insured bequest of shares
  • Extracting funds from a holding company
  • Transition of assets to future generations
  • Creating a source of cash
  • Covering taxes upon death

Have any questions? We Can Help!

Contact us today to review your Business and/or Corporate Insurance strategies.