Bayshore Financial Group - Financial Solutions

Insurance

Wealth Management

Employee Benefits

Personal Insurance
Life insurance protection can make a big difference in your life and the lives of those who are dependent on you. A financial security planning strategy that incorporates life insurance can help ensure that money will be available to support your family and or your business interests. This can be as simple as providing term insurance to cover a mortgage or as involved as using a permanent insurance strategy to help eliminate estate liabilities that may arise.

TERM INSURANCE

Term life insurance is well suited to meeting high, short-term protection needs for the lowest initial cost. We offer clients the following term solutions; 10 year, 20 year and term to 100.


PERMANENT INSURANCE

Participating Life Insurance

Participating life insurance combines permanent life insurance with a tax-advantaged accumulation component. It's built on a foundation of guaranteed values, including guarantees on basic premium, death benefit and basic cash value.  

Participating life insurance is particularly attractive to clients who:
  • Have low to moderate risk tolerance (for at least a portion of their total investment portfolio)
  • Don't want to be actively involved in the day-to-day management of the investment component of their life insurance policy.
  • Are attracted by the historical long-term stability and performance of the rate of return on participating account assets.
  • Are looking for a core of guarantees with an opportunity to receive dividends.

Universal Life Insurance

Universal life provides permanent life insurance with a tax-advantaged investment component. As your cash values accumulate, you can use it to pay the cost of insurance or, depending on the option you select, to increase the total death benefit. This type of policy is generally non-participating and is attractive for people who want to actively manage their life insurance policy.

CRITICAL ILLNESS INSURANCE

Critical illness insurance can provide you with a one-time lump-sum benefit to help cover additional expenses often associated with a critical condition such as:


  • Timely treatment outside Canada
  • Nursing or domestic help
  • Medications
  • Spouse taking time off work
  • A recovery vacation or modifications to a home or office
These critical conditions include a heart attack, stroke, cancer plus an additional 22 illnesses and disorders. 

DISABILITY INSURANCE

Accidents and illness are unfortunate facts of life. We offer clients access to competitive disability insurance products to protect your most valuable asset - your ability to earn an income. These products have been developed with the diverse needs of business owners, professionals, executives and employees in mind.

Business Insurance
Business owners purchase insurance to protect their businesses, key partners, themselves and their families from an untimely death or disability.
There are numerous areas in which insurance can play a key role in business planning. Some of which include:
  • Providing immediate tax-free capital to cover potential capital gains owing on the transfer of shares to the next generation.
  • Funding a buy/sell agreement between business partners in case of an untimely death.
  • Providing the proper funding to a key employee or business partner in case of death or disability.
Personal Investment
With Bayshore Financial Group Inc., you will discover a wide range of solutions and service to help you reach your financial security goals. Whether it's saving for your child's education, planning a vacation, building a nest egg for retirement, investing in a small business or managing your finances during retirement, we can help you create an investment portfolio that's tailored to your needs.

Mutual Funds

Through Quadrus Investment Services Ltd., we have access to thousands of mutual funds, including the Quadrus Group of Funds - an exclusive mutual fund family that offers clients a multi-managed, multi-style approach by some of the world's leading investment managers.

  •  Registered Retirement Savings Plans (RRSPs)

Contributing to an RRSP is still one of the most popular and tax-effective ways of saving for your retirement. At Bayshore Financial Group we have the tools to help you build a portfolio so that you can meet your retirement goals.

  • Registered Education Savings Plans (RESPs)

Consider saving for your child or grandchild's education with an RESP. When you contribute to this type of registered plan, the federal government provides a grant to help you reach your goals faster.

  • Tax Free Savings Account (TFSA)

The TFSA, a type of investment account introduced in allows you to earn investment income and generate capital gains from eligible investments tax-free.

  • Registered Retirement Income Funds (RRIFs) & Life Income Funds (LIF)

You have saved for your retirement and now you need an income. Bayshore Financial Group Inc. provides the options you need for your retirement lifestyle.

  • Additional planning tools to help meet your investment needs include:

Corporate class mutual funds, Labour-sponsored investment funds, Fusion investment program (dealer wrap), Charitable giving program, Tax-Efficient monthly cash flow with D series mutual funds, Registered Disability Savings Plans (RDSP).

 Segregated Fund Policies

Segregated fund policies offer a long-term investment with death benefit and maturity guarantees. These guarantees are options within an insurance policy, additional benefits include assets bypassing the estate and potential probate fees, resulting in your assets passing directly to your named beneficiaries.

Specialized Investment Solutions

All investors have unique needs, but some - those who have already accumulated wealth and are searching for ways to preserve it, for instance - might require specialization solutions to suit their situation.

Guaranteed Interest Options and Payout Annuities

To help you reach your financial security goals, we offer a wide range of products and services, including secure options such as guaranteed interest options and payout annuities. Guaranteed interest options protect your principal. Payout annuities guarantee your income.


Disclaimer: Make your investment decisions wisely. Important information about mutual funds is found in the funds' simplified prospectus. You can obtain a copy of this from your investment representative. Please read this carefully before investing. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Unit values and investment returns will fluctuate. Quadrus, Quadrus and design, Quadrus Investment Services Ltd. and design, Quadrus Group of Funds and Fusion are trademarks of Quadrus Investment Service Ltd. used with permission.

Personal Tax & Estate Planning
It takes more than just retirement planning to preserve and enhance your wealth. It's also about maximizing and protecting it, and helping ensure you'll be able to pass it on to future generations.
Through an in-depth analysis, Bayshore Financial Group Inc. & our Tax & Estate Planning team will work alongside you and your other trusted advisors to create a customized estate plan that will meet your needs and goals.
If you have questions concerning your Personal Tax and Estate Planning needs feel free to contact our Tax & Estate Team. Call: (705) 746-8743
Bayshore Financial Group Inc. has been proudly serving Parry Sound, Barrie and Muskoka with Tax and Estate Planning Services since 1986."
Tax & Succession Planning for Business
A proper business succession plan can help protect you and your heirs against losses from unexpected illness, death, and taxation. Without a proper succession plan in place a business owner is risking the chance that someone else could decide what happens to their business.
 Through an in-depth analysis, Bayshore Financial Group & our Tax & Estate Planning team will work alongside you and your other trusted advisors to create a customized Estate Plan that will meet your needs and goals.
If you have questions concerning your Business Tax and Succession Planning needs feel free to contact our Business Tax and Succession Planning Service team. Call: (705) 746-8743
Bayshore Financial Group Inc. has been proudly serving Parry Sound, Barrie and Muskoka with Business Tax and Succession Planning Services since 1986.
Employee/Employer Benefits
Bayshore Financial Group Inc. is an independent group benefit and pension consulting firm that specializes in programs for small to medium size companies in both the public and private sectors. Through a network of associated firms, we are also able to service the needs of clients on a national level.
As group benefits programs become more complex, it is necessary to retain the services of an independent, qualified consultant to assist in the proper review, implementation and operation of the benefit program. For this reason, Bayshore Financial Group Inc. has partnered with People Corporation one of Canadas largest independent consulting firms whose expertise in group benefits, group retirement and human resource services is second to none.Strategic Partnerships

  For further information about People Corporation and our unique partnership please click below.

People Corporation


The only national employee benefits plan of its type in Canada, with rates and expenses reflecting the significant buying power of the Canadian Automobile Dealer Association (CADA). Bayshore Financial Group is specially licensed to offer this unique plan that provides you and your employees benefits such as life and disability insurance, health care, dental care and vision care, with ongoing coverage available to retired dealers and retired managers. Backed by over 60 years of experience, the plan protects more than 1,600 dealerships across Canada. In all, over 85,000 dealer employees and their family members place their trust in CADA 360 - Employee Benefits.

For more information on the CADA 360 plan please click the link below. 

CADA 360



Employee/Employer Pension Plan Solutions
Quality retirement savings programs are essential in the retention of valued employees. Bayshore Financial Group Inc. is experienced with the implementation and monitoring of the following employer sponsored retirement programs. These include:
  • Group Registered Retirement Savings Plans
  • Registered Pension Plans (RPPs)
  • Deferred Profit Sharing Plans (DPSPs)
  • Defined Contribution Plans