life insurance | Quarry Wealth Management

The Need for Corporate Life Insurance

by Quarry Wealth | Jun 1, 2020 | blog, business owners, Buy Sell, corporate, estate planning, life insurance

Life insurance is used for two general purposes in a private corporation – managing risk and creating opportunities. The risk management function is satisfied as life insurance provides the corporation with a tax-free payment in the event of the death of an owner or someone vital to the success of...

The Estate Bond

by Quarry Wealth | May 1, 2020 | blog, estate planning, investment, life insurance

Growing your estate without undue market risk and taxes Often we see older investors shift gears near retirement and beyond. Many become risk-averse and move their assets into fixed income type investments. Unfortunately, this often results in the assets being exposed to higher rates of income tax...

What is Key Person Insurance?

by Quarry Wealth | Mar 1, 2020 | blog, health benefits, life insurance

Most business owners understand that assets vital to the success of the enterprise should be insured. Premises are routinely covered for fire and/or theft; vehicles used to make deliveries, insured; machinery needed for manufacturing, also insured. Given that these tangible assets are instrumental in...

Protecting Your Family

by Quarry Wealth | Jan 1, 2020 | blog, estate planning, Family, health benefits, life insurance

Let’s face it, raising a family today can be financially challenging. The cost of living continues to increase, housing costs are rising along with education and extra-curricular activities for our children. It is tough to make ends meet and still have something left over at the end of each month.

Basic Planning for Young Families

by Quarry Wealth | Oct 31, 2019 | blog, disability, Family, individuals, life insurance, RRSP, tax free savings account

As a young family, you will be facing a lot of new challenges that you may or may not be prepared for along the way. Whether it’s children, a mortgage, or unexpected expenses that come up, now is the perfect time to start thinking about all the potential pitfalls that may arise.

Insurance for Businesses: What You Need to Know

by Quarry Wealth | Sep 30, 2019 | blog, business owners, group benefits, life insurance

As an entrepreneur, protecting your business is important. You’ve invested your time, energy, and money into creating your new enterprise, which is why it’s so imperative that you take all the necessary steps to protect it.