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S OLO

S OLO. An individual group insurance program. designed with you in mind. Group Insurance Benefits. Many Canadians rely on their group benefits for: Life & Accident Insurance Disability Benefits Health, Dental & Drug Care Benefits

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S OLO

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  1. SOLO An individual group insurance program designed with you in mind.

  2. Group Insurance Benefits • Many Canadians rely on their group benefits for: • Life & Accident Insurance • Disability Benefits • Health, Dental & Drug Care Benefits • However, Many people do not have access to these benefits…

  3. Who are these people? • Self-employed individuals. • Salaried individuals not covered by group insurance. • Business owners who want group coverage for themselves

  4. Why Are Group Insurance Benefits so Important? • 1993 Statistics Canada reported: • 18% of the adult population were involved in an accident in the previous 12 months. • And 80% of those people reported a personal injury, half of which required hospitalization Health - care costs are rising!

  5. Are YOU at risk? • Without adequate insurance protection, financial turmoil could result when health problems, or a disability occur … • For example, an average stay in a hospital could easily result in high out-of-pocket costs (in excess of provincial health plans)

  6. What about dental care? And what about your own dental bills? Is this a financial burden to you & your family?

  7. Reduce your taxes … • Can I deduct premiums on my SOLO health & dental insurance? • Premiums paid for a private health insurance policy are considered medical expenses and can be deducted on your tax return. Deductibles or co-insurance fees, are also considered deductible medical expenses. In some cases, those who are self-employed can deduct these premiums from their business income. • For example, self-employed people without a dental plan cannot expense the money paid to their dentist to lower their taxable income. • Self-employed people with a dental plan can expense the total dental premiums paid to Solo, which will lower their taxable income.

  8. But ... Even if you don’t have group benefits to cover all of these financial risks … Solo individual group benefit plan can be the solution to this risk problem …

  9. SOLO The Solo Individual Group Benefits program meets the needs of people who are not yet covered by a group benefits plan.

  10. SOLO • Why pay for unexpected medical, drug & dental bills? • Why not Create a group plan designed specifically for you! for a free quote call: Sam Esaw, CFP, CLU, CHFC(604) 526-1321 or you can email Sam at samesaw@shaw.ca , or you can visit: www.familyinsuranceplans.com/solo-form.html

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