Category Archives: News

Preserving $2M Tax-Free Death Benefit of a Key Person Life Insurance Policy

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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 […]

Dehoney Financial Group Announces Partnership with Navacord

Group Benefits Blog

VANCOUVER, September 10, 2020 – Dehoney Financial Group, a leader in Group Benefits and Retirement consulting, is pleased to announce their partnership with Navacord Corp. For over four decades, Dehoney Financial Group has provided a complete range of benefit and retirement solutions to businesses representing major sectors of the Canadian economy—all the while driven by […]

Patented Medicines Regulations: UPDATE July 13, 2020

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As reported by Kelsey Rolfe of Benefits Canada, reforms to the Patented Medicines Pricing Review Board (PMPRB) have been upheld by the Federal Court. This decision followed an application for judicial review by Innovative Medicines Canada and 16 pharmaceutical companies who opposed the amendments which included: In setting drug prices, a “basket” of 11 other […]

Mary’s Story – Preserving Life Insurance Tax Savings

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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. […]