o'farrell financial blog

Friday, 12 October 2018 10:19

Four reasons why business owners should consider life insurance

Recommended Reading by Geoff Carter
October 2018

 

I greatly enjoy reading during my downtime. I often come across insightful articles like this one that really spark my interest. When this happens, I immediately want to share my enthusiasm with others. I truly hope you enjoy my recommended reading.

In mid-September, the Globe and Mail, published an excellent article on "Why business owners should consider life insurance" as part of their risk management strategy. 

The four areas the author, Tim Cestnick, focuses on are; 

1) Death of a Key Person
2) Equalizing an Estate
3) Covering Taxes on Death
4) Providing for your Heirs

While none of us like to contemplate our passing, O'Farrell Financial takes great pride in providing advice to our clients and prospects in these key areas of effective risk management planning. 

I hope you will take the time to review the article and to ask yourself if you have prepared your organization and yourself for any of these possibilities? 

I look forward to hearing from any of you who would appreciate a confidential discussion and review.

eb team geoffGeoff Carter, BA, FLMI
Financial Security Advisor, Group Broker & Partner
O'Farrell Financial Services Inc.
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