Written by: Brian Weatherdon, BA, MA, CFP, CLU, MDRT SOVEREIGN WEALTH MANAGEMENT INC. brian@sovereignwealth.ca

Entrepreneurs spend every dollar and every breathing moment to reach future success.  This means you have little time for meetings, and dollars are already committed.  Here’s how we can help you.

You didn’t realize life insurance now costs so little!  We create 86% cost savings compared to 10 years ago  (over 30% since 5 years ago) if we’re comparing how term life insurance has dropped in cost.  But the whole truth is bigger than this!  A business lender once showed me how his clients would return every year or two to borrow more:  insuring the loans would cost more with every visit.  When he and I compared rates, we both were amazed!  Lenders’ life insurance may cost 100% to 200% too much over the years of borrowing.  This proves you can save money by spending an hour to review how we insure your loans.

Tax-law gives another powerful reason to keep life insurance separate from loans-contracts.  As your accountant knows, life insurance can create credits to your Capital Dividend Account.  This means a business owner, or partner, or family may draw millions of future value tax-free.  It’s an added bonus when you look at life insurance the right way. 

How we design your life insurance today will impact future goals too.  It can open exciting options for business succession, buy/sells, and create tax-effective income in your retirement. 

In the short-term your life insurance covers risks at the lowest cost.  In the long-term your life insurance can morph into bigger and richer dreams for retirement.

Health Insurance 
When starting your business you may enjoy health/dental benefits through your spouse.  This has saved entrepreneurs $1,000s until they get established.  When you truly need your own plan we employ strategies to make this affordable.  Business owners have in the past turned down coverage for being too costly.  I’ve seen us create created cost-efficiencies ranging 8% to 40%.  We make it affordable to get benefits when you need them!

Disability insurance is not available through your spouse.  At one of our seminars a visitor told how her husband was 6 months into building a new business when a condition in his optic nerves was causing a progressive blindness:  disability or critical illness insurances are the only financial solutions which protect you at a time like this. 

Each day, are we gambling that illness is a distant threat?  But what if it hits us sooner, or someone in our home?  Think of the investment of money and time which we’ve put into our businesses -- we would need these returned.  We would want more family time, more personal time, more choices to restore health, more access to the best medical care in the world.  All this we would need, without losing home or business or money.  The only conceivable solution is to be properly insured.

Solutions
As a member of GHVF I am deeply moved by your commitment which propels you toward your goal.  I am ecstatic when we witness your successes!  I and my worthy colleagues in GHVF are eager to ensure you have the right financial solutions for your business, your dear ones and your future.  You are the #1 person in what you do each day!  You are also a "key person" to your dear ones who stand by you in sickness and in health.  Invest a moment and call us today.  Invest an hour to meet with us now.  Let’s see what we will bring you.... because in the end I bring you time & money to achieve what is most important to you.

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