Our colleague and friend Jim Dehoney passed away on Wednesday, December 7, 2022, surrounded by his family. His illness and diagnosis were both sudden and unforgiving. When Jim was asked how he got started in the life insurance industry over 40 years ago, his words were, “Like father, like son.” Jim credited his father as […]
Category Archives: Life Insurance
05
Dec
Dec
As President & Founder of Dehoney Financial Group, I am pleased to announce the appointment of Erin Gunn as President, effective January 1, 2023. Erin’s appointment, along with our September 2020 partnership with Navacord, represents another important step in our company’s journey. In her new role, Erin will lead our client service and sales teams, […]
Life Insurance, News, Tax-Saving Solutions
Preserving $2M Tax-Free Death Benefit of a Key Person Life Insurance Policy
26
Oct
Oct
For many businesses, key person life insurance is critical to their risk mitigation strategy. This type of insurance solution helps to reduce the financial hardship that may occur upon the death of an essential employee, such as a top salesperson. This was the case for one Lower Mainland business that set up a life insurance […]
20
Jun
Jun
MARY’S STORY – PRESERVING LIFE INSURANCE TAX SAVINGS OF $1.4M Mary and her husband operated a successful family business, which is now in the capable hands of their children and grandchildren. But with Mary in her 90s and failing health, her advisors wanted to review her corporate life insurance policies purchased in the early 1980s. […]