Key Person
Client Profile
Solution Opportunity

Key Person

• Client Profile
  • A business where its continued success depends very heavily on a small number of key individuals.
  • A business that believes a cash injection will help to maintain productivity, in the event that a key member of the team passes away.

• Solution Opportunity
  • Determine amount of insurance required to replace “productivity” of an individual in the interim, and to recruit, train, etc a replacement.
  • Where corporate owned and corporate beneficiary, the death benefit of the policy, less the ACB, creates CDA room that may be used to flow other after-tax assets to shareholders tax-free.