Self-employed:Insurance and investment
Being the owner of an incorporated business offers you very advantageous investment opportunities. One such strategy is to take advantage of the tax benefits offered by incorporation, such as income splitting and the ability to defer taxes by reinvesting profits into your business.
You could also opt for diversification strategies by investing in other asset classes, such as stocks, bonds or real estate, through your business.
If you are self-employed, have you considered taking out insurance to cover your professional activity in the event of a health problem? At Villeneuve Wealth Management, as a financial security advisor and professional in insurance for self-employed workers, we provide you with personalized advice adapted to your situation.
Thanks to the knowledge and expertise in financial services of our advisors, we will be able to assess your specific needs and offer you a self-employed insurance solution that suits you. So, by taking out self-employed insurance, you know that you are well protected against unforeseen financial risks. This can help you feel safer and focus on your work.
There are various insurance solutions on the market for self-employed workers and entrepreneurs, we present the two most common, namely health insurance and disability insurance for self-employed workers.
If you are self-employed, you do not have access to the same social benefits as employees who work for a company, particularly with regard to health insurance. By subscribing to health insurance for self-employed workers, several medical expenses are covered such as dental care, medications, vision, paramedical care and many others, which can be particularly important if you are in a precarious financial situation.
If you are unable to work due to injury or illness, disability insurance can help you maintain an income while you recover. In fact, it is a form of salary insurance for self-employed workers. This will allow you to maintain your standard of living even if you cannot work due to a health problem such as a serious illness or accident.
As an entrepreneur, you do not have collective insurance and group social benefits. It is your responsibility to insure yourself against the unexpected. Your ability to generate income is your greatest asset and you must ensure that you protect it adequately. In addition to personal insurance for health and disability, we offer entrepreneurs and self-employed people possibilities such as insuring your fixed costs, your key employees and your business partners.
Do you want to take out salary or disability insurance as a self-employed worker, or would you like to know what other options are available to you?
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