Business Owners

Protecting Your Business

Financial Empowerment Inc is a one stop resource for business owners. While no two clients are identical, they do have one thing in common: They all strive to make smart business decisions.

Businesses buy insurance to protect themselves for a variety of important reasons. Some of these include:

  • Funding a buy/sell agreement at the death of one of the co-owners of the business
  • Funding a future capital gains tax on the shares of the corporation at death of the owner
  • Protection of the business in the event of the death or disability of a key employee

Another valuable reason for businesses to purchase life insurance is to build a pool of tax-exempt capital that could be used to:

  • Provide a supplemental retirement income to the business owner in a tax-effective manner
  • Fund a living buyout of shares from a co-owner

Protecting Your Employees

  • Employee benefits
  • Extended medical and health coverage with prescription drugs
  • Dental insurance
  • Life insurance
  • Disability insurance
  • Vision care insurance

Protecting Your Future

  • Life insurance
  • Disability insurance
  • Critical illness insurance
  • Health and dental insurance
  • Segregated funds policies, RRSPs
  • Payout Annuities, RRIFs, LIFs

Quadrus Investment Services Ltd.

  • Mutual Funds: RESPs, RRSPs and RRIFs

What People Are Saying About Us

“I contacted Mike to assist me in implementing a savings/retirement plan for myself, my daughter and my grandson. His knowledge of the products that would best suit all of us at our different stages in life was impressive. I would highly recommend Mike to assist you in preparing for a more secure financial future.”

“Mike helped something I find very complicated to become clear. He really helped to put together a package that would meet my needs and does constant follow ups.”

“I would personally refer Mike for the fact that he goes above and beyond to help and look out for your best interest. Everyone needs to set up a meeting with this guy!”

“As a Chartered Accountant, I advise my clients to seek the advice of professionals in the appropriate specialty related to their specific needs. When it comes to insurance and investments, the services provided by Michael Suter of Financial empowerment are second to none”