Executive Health Plans

An Executive Health Plan allows you to own a critical illness policy jointly with your company.  If you are diagnosed with a critical illness covered by the plan a tax-free lump-sum benefit will be paid to your company to help cover expenses incurred due to your absence, including repaying debts and providing the resources to assist you with expenses associated with your illness.  In addition, if you remain healthy and do not need the critical illness insurance, the tax advantages of this plan could allow you to receive back all the premiums paid by both you and your company.