Consultants & Executives Our National Services

Transcription

1 Consultants & Executives Our National Services CROSSGROVE & COMPANY financial services ltd.

2 Since 1993 I have worked with many of your peers. I look forward to earning an opportunity to work with you Alec Crossgrove Crossgrove & Company Financial Services Ltd. Crossgrove & Company Financial Services Ltd. is an independent insurance advisory firm servicing management consultants and executives across Canada. Since 1993, we have been committed to providing members of the Canadian Association of Management Consultants with in-depth knowledge, superior service and optimum, tailored risk management solutions. We continue to provide exclusive discounted Long Term Disability and Critical Illness Insurance Rates to all CAMC members. These are complemented by Preferred Term Life Insurance, comprehensive Health & Dental Plans, International Travel Coverage and a dedicated Group Insurance Division. Consultants & Executives In order to provide in-depth knowledge, superior service and be truly confident in the tailored solutions recommended, one cannot be everything to everyone. That is exactly why Crossgrove & Company decided to specialize in one area of insurance and cater to a very specific clientele. Our area of specialty is individual risk management- living benefits (critical illness & disability insurance), health (individual & group plans) and life insurance. Our clientele, primarily executives and management consultants throughout Canada, have similar needs and appreciate our focus.

3 Crossgrove Expertise For over twenty-three years, Alec Crossgrove, founder and President of Crossgrove & Company Financial Services Ltd., has been working in the field of individual risk management, tailoring solutions for both corporate and individual clients. Alec is a member of the leading industry associations that set the standards within Canada for insurance and financial planning: the Canadian Institute of Chartered Life Underwriters; Chartered Financial Consultants; National Association of Health Underwriters; the Conference on Advanced Life Underwriting; Canadian Tax Foundation; Canadian Association of Management Consultants; and the Financial Planners Standards Council of Canada. In addition, he holds the designations that one would expect from a seasoned professional- Certified Financial Planner (CFP), Chartered Life Underwriter (CLU), Registered Health Underwriter (RHU) and Chartered Financial Consultant (CHFC). As a recognized leader in the risk management industry, he is formally endorsed by Canadian Association of Management Consultants, the Canadian Evaluation Society, Bio Talent Canada and the Insider TradingAffinity Network. Our clients trust us to provide timely and valuable advice. Through referrals and repeat business, Crossgrove & Company has been able to build up a large, successful client centered practice. As our business has grown we have built a service team with a wealth of experience who help our customers to identify their needs, analyze the marketplace and implement solutions.

4 Crossgrove Advantage Crossgrove & Company is essentially an independent insurance consulting firm. We identify our clients needs, audit their existing insurance structures and review every possible product alternative on the market in order to create the optimum tailored risk management solution. Clients Needs: Our years of experience in dealing with Management Consultants and Executives allows us to better appreciate where our customers are coming from. We understand that a professional s ability to perform their job is often their single greatest asset and as such should be protected with the best possible coverage at a reasonable price (the majority of group plans do not protect one s regular occupation for more than two years). We realize that uninsured catastrophic illness can be financially devastating and we help our clients to put cost and tax effective plans in place. Auditing Existing Structures: We are often called on to perform a review of a prospective client s current coverage and create a comprehensive report analyzing the quality, quantity, pricing and ownership structure. We either confirm that the current plan is optimum or suggest where improvements can be made. When changes are implemented as a result of our suggestions we facilitate the transaction and are remunerated by the supplier. Product Alternatives: Our preferred access to the largest insurance carriers in the Canadian market combined with the exclusive discounts we have negotiated on behalf of the Canadian Association of Management Consultants gives us an unfair advantage. Our full disclosure policy assures our clients have a comprehensive market overview and an optimal product solution. Underwriting: We are fortunate to have preferred access to the underwriting departments of several leading insurers. This unique relationship allows us to often turn around cases quicker with more client-friendly decisions. Claims: Despite having one of the largest living benefits practices in Canada, we have a perfect record of getting our clients claims paid.

5 Crossgrove Protection Crossgrove & Company specializes in individual risk management, protecting executives and management consultants through living benefits, health and life insurance. In our area of specialty we have access to virtually every insurance alternative in Canada. Therefore, there are truly no limits in creating the tailored risk management solution for each client s unique situation. For corporate and individual clients the fundamental products are the same however the key difference comes in the ownership and beneficiary structuring for tax purposes. Living Benefits: The two areas of living benefits are Critical Illness and Disability Insurance, which are designed to protect your income and assets while recovering from a disability or illness. Both are the essential coverages that the core of a consultant s or executive s risk management portfolio should comprise of. Critical Illness insurance can be structured to return 100% of premiums paid, while Disability insurance 50%, in the event of no claims over a specified period. Corporately, both types of insurance can be set up as a tax- deductible business expense. Both corporately and individually we have access to several of the most comprehensive offerings at exclusive discounted rates. However, one must be very cautious with living benefits for the key is not price, but rather the definitions/contractual language of the coverage. Health: Either corporately or individually, health and dental plans can be set up extremely efficiently. The maximum level of flexibility comes on the corporate side, where cost containment measures can be applied and plans tailored specifically to the clients needs. Due to the demand in this area for our expertise, we have a separate division that exclusively works on this portion of our clients risk management portfolios. This division is headed by a Principal who has over 25 years of experience dealing with small and large professional-based (accounting, consulting & law) corporations. Life Insurance: Of the three areas of protection, life insurance is the least complex. Within the market there are several different types of life insurance, each one designed for a different purpose. It is imperative that one has the ideal coverage for their specific needs, otherwise one could be paying far too much or be under insured over the long term. Complexity enters into this area on the corporate side when looking at issues such as buy-sell, key person, succession planning, etc. These are all areas in which Crossgrove has earned a reputation of excellence.

6 Affinity Partnership Crossgrove & Company is an endorsed provider of individual risk management solutions to members of professional associations and select employer groups across Canada. Our Affinity Partnerships provide associations access to comprehensive and affordable living benefits, health and life insurance solutions for their membership. Members have the opportunity to utilize the full range of Crossgrove & Company services either individually or corporately. Crossgrove & Company s strategic alliances with insurance companies, consulting firms and marketing agencies result in a tailored affinity offering. Our Sponsoring Associations CANADIAN EVALUATION SOCIETY ( insider) trading A F F I N I T Y N E T W O R K

7 CMC Testimonials "Crossgrove & Company is the CAMC s sole preferred intermediary for critical illness, disability and life insurance products, as well as health and dental plans and has been since 1993" Heather Osler, CAE President & CEO Canadian Association of Management Consultants "Crossgrove & Company eased our burden. Getting a new company off the ground is a busy time. All of the effort around designing and implementing a benefits plan was made simple by the professionals at Crossgrove. They even helped our key professionals to acquire individual insurance at preferred rates to meet their unique personal needs. Our business continues to grow and prosper and the effort to maintain competitive benefits remains easy with Crossgrove there to serve us." Tom Atkins, CMC President Tramore Group "Crossgrove & Company has provided our firm with better than competitive rates and has worked hard to accommodate our unique requirements. I would recommend their services to anyone" Frank Van Gool, CMC Intersol Consulting Associates "The Crossgrove Team is action and results oriented. I value their knowledge and professionalism. They have listened and identified our needs for over a decade Victor Rocine, CMC President Org. Builders Inc. I received prompt, courteous, personal and knowledgeable service from Crossgrove & Company. Additionally, dealing with them saved me valuable time. No need to shop when working with these professionals Casey Plaizier, CMC President Greenhill Consulting Group

8 CROSSGROVE & COMPANY financial services ltd. HEAD OFFICE Our Sponsoring Associations CANADIAN EVALUATION SOCIETY ( insider) trading A F F I N I T Y N E T W O R K Crossgrove & Company Financial Services Ltd., 2008