Insurance & Health Planning

Safeguard your health and financial well-being and protect what matters most. We help you achieve peace of mind by ensuring you and your loved ones are adequately covered in the face of unforeseen circumstances.

Our Approach

At Mahrt Investment Group, we understand the importance of insurance and health planning in achieving comprehensive financial security. Our approach combines both risk management and wealth enhancement strategies to provide you with a holistic insurance plan tailored to your specific needs.

We begin by conducting a thorough assessment of your current financial situation, risk tolerance, and future goals. This allows us to identify potential risks and vulnerabilities that could impact your financial well-being. Based on this analysis, we work closely with you to design a risk management strategy that includes the appropriate insurance coverage to protect against unforeseen events.

Our team evaluates various insurance options, including life insurance, disability insurance, long-term care insurance, and critical illness insurance, among others. We help you determine the right coverage amounts, policy types, and riders to ensure adequate protection for you and your loved ones. By addressing potential risks proactively, we aim to provide you with the peace of mind and financial stability you deserve.

In addition to risk management, we recognize the significant role insurance plays in wealth enhancement and financial planning. For those who qualify insurance can be a powerful tool for maximizing wealth and minimizing taxes, especially when utilized strategically.

Our team evaluates insurance solutions that can provide tax advantages and contribute to your overall wealth accumulation goals. This may include the use of tax-efficient insurance policies, such as whole life or universal life insurance, that offer not only protection but also potential cash value growth and tax-deferred investment growth. We work with you to determine the most suitable insurance strategies that align with your financial objectives, such as funding retirement, supplementing income, or transferring wealth to future generations.

By integrating insurance and health planning into your comprehensive financial strategy, we strive to optimize your financial well-being and protect your assets for the long term. Our commitment is to provide you with personalized guidance and recommendations that align with your unique circumstances, goals, and values.

Risk Management

Insurance plays a vital role in risk management by providing financial protection, ensuring continuity of income, and alleviating the financial strain that may arise from unexpected events or health-related issues. From term life insurance to disability, critical illness, and long-term care insurance, we guide you in making informed decisions to ensure comprehensive protection for yourself and your loved ones.

What you may be thinking

Do I really need insurance?
Will I be approved for insurance?
How much insurance coverage do I need and how much will I qualify for?
How does disability insurance work?
What illnesses are covered under critical illness insurance?
When should I consider purchasing long-term care insurance?

What you may be thinking

How can life insurance be used as a wealth enhancement tool?
What are the tax advantages of permanent life insurance in Canada?
Can insurance be used to provide liquidity for estate planning purposes?
What is the difference between term life insurance and permanent life insurance in terms of wealth enhancement?

Wealth Enhancement

If a person qualifies, life insurance can be a tax-efficient wealth transfer tool due to the unique tax advantages it offers. Permanent life insurance allows for the tax-free growth of cash values, meaning investment gains within the policy are not subject to annual taxation Additionally, the death benefit proceeds are generally received tax-free by the beneficiaries, providing a source of tax-free wealth transfer. This can be particularly beneficial in estate planning, as it allows for the preservation and efficient transfer of wealth to the next generation.

Business Succession

Insurance plays a crucial role in business planning by providing financial protection and continuity for the business in the event of the owner’s disability, critical illness, or death. Key person insurance can help mitigate the financial impact of losing a key employee or business owner, while buy-sell agreements funded by life insurance can facilitate a smooth transition of ownership and avoid potential business disruptions. Additionally, insurance solutions can provide liquidity to fund the purchase of shares from a deceased owner’s estate or provide income replacement for family members who may rely on the business for their financial well-being.

What you may be thinking

What role does insurance play in funding the transfer of ownership in a business succession plan?
Can insurance provide liquidity to fund the purchase of shares from a deceased owner’s estate?
How can insurance help ensure the continuity of my business if I become disabled or critically ill?
What types of insurance coverage are suitable for funding a buy-sell agreement?

Estate Planning & Wealth Transfer
Strategies & Analyses

Risk Assessment & Needs Analysis

Evaluating potential risks and assessing specific insurance needs based on financial situation, goals, and risk tolerance.

Tax Optimization

Exploring insurance solutions that offer tax advantages, such as tax-deferred growth, tax-free death benefit proceeds, or tax-efficient wealth transfer.

Product Selection & Policy Location

Determine the most suitable insurance products and whether it should be held personally or within a corporate structure.

Estate Bond

Estate bonds offer a tax-exempt way to transfer wealth to beneficiaries while minimizing tax implications. They can play a crucial role in estate planning, preserving, and maximizing the value of an individual’s estate for future generations.

Immediate Financing Arrangement (IFA)

Access liquidity by leveraging the value of your life insurance policy to meet various needs, such as funding business ventures, estate planning, or immediate cash flow requirements.

Buy/Sell Agreements

Life insurance funds buy-sell agreements by providing the necessary liquidity to transfer ownership in the event of a business owner’s death. It ensures a smooth transition of ownership and financial security for the deceased owner’s beneficiaries.