SOLO

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

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Who are these people?

• Self-employed individuals.
• Salaried individuals not covered by group
  insurance.
• Business owners who want group coverage for
  themselves

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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!
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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)

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What about dental care?

• And what about your own dental bills?

Is this a financial burden to you your family?
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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.

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But ...
Even if you dont have group benefits to cover
all of these financial risks
Solo individual group benefit plan can be the
solution to this risk problem
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SOLO
The Solo Individual Group Benefits program meets
the needs of people who are not yet covered by a
group benefits plan.
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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
[phone] or you can email Sam at
samesaw_at_shaw.ca , or you can visit www.familyinsu
ranceplans.com/solo-form.html