STAY GOALD WITH GOALD & CO FINANCIAL

Minimizing Risks, Maximizing Returns

At Goald & Co Financial, we provide specialized corporate insurance solutions that help high-net-worth individuals and business owners in Canada optimize their wealth and reduce tax burdens. By partnering with top financial experts, private banks, and accountants, we create customized strategies that safeguard your assets while enhancing growth and preserving your legacy.

STAY GOALD WITH GOALD & CO FINANCIAL

Minimizing Risks, Maximizing Returns

GOALD & CO

Keep More Of What You've Earned

We believe in protecting the wealth you've worked so hard to earn.

At Goald & Co Financial, we believe that the wealth you’ve built through hard work should stay in your hands. Taxes are inevitable, but paying more than necessary isn’t. Our mission is to help you retain more of what you’ve earned by minimizing your tax liabilities and optimizing your financial strategies. It’s not just about protecting your money—it’s about securing the future you’ve envisioned.

PROTECT YOUR FAMILY

Affordable

coverage

About 70% of Canadians overestimate the price of life insurance, but it’s not their fault! Life Insurance is vague and confusing, and we are here to fix that by getting Canadians with the right policy for their situation, and it all starts as low as $30/month.

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Tailored Strategies

Customized Solutions That Work for You

We achieve this by crafting personalized strategies that align with your specific financial situation and goals. Our team collaborates with top financial experts, accountants, and private banking institutions to develop solutions that reduce your tax burden while ensuring your assets are protected. We focus on simplicity and efficiency, so you can enjoy the benefits without the hassle.

MORE FOR LESS

Why do people get

life insurance?

Life insurance is a way to make sure that your family and dependants don’t suffer financially when you pass. Life insurance can be used to pay for a funeral, pay off debts (including your mortgage), pay for your children’s education and help your family maintain their standard of living when they no longer have you to support them.

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OUR CLIENTS LOOK A LOT LIKE YOU

Who We Help

We design advanced insurance and estate strategies tailored to your needs. Here's a look at who we support

Business Owners

Running a business is your passion, but taxes are a burden. We provide strategies that help you minimize tax liabilities, so you can focus on what you do best—growing your business.

Professionals

You’re focused on advancing your career and building wealth, not navigating complex tax laws. We offer solutions that optimize your financial standing, letting you keep more of what you earn.

Families

Your priority is ensuring your family’s future. We help you build and preserve generational wealth, creating a lasting legacy that protects your loved ones for years to come.

OUR PROCESS

We Help You Keep More Of Your Money

We Design Customized Solutions That Work for You

Exclusive Consultation

We start by having a conversation to understand your business and your goals. This is about making sure we’re on the same page and that our expertise aligns with what you need.

Assessment

We gather the details—your goals, challenges, and plans for the future.

Analysis

We conduct a thorough review of your business, looking at both current operations and future potential. This step is about identifying where improvements can be made and how we can help you optimize your financial setup.

Recommendation

We coordinate with your team or bring in our experts to ensure everything is executed efficiently and effectively.

Implementation

Together, we put the carefully crafted plan into action, guiding you through each step. Our goal is to turn your dreams into reality, and this step is a significant leap forward.

Continuous Partnership

As your business grows, your needs will change. We stay connected, making sure your strategy evolves with you, so you’re always ahead of the game.

HOW IT WORKS

So, how does it

work?

Fill out the form or take our assessment and we will automatically search the database of certified life insurance partners to find the perfect option for your situation.

Take assessment

Our life insurance assessment will help us recommend the right partner for you (not all life insurance works for everyone!)

We will find your match

Based on your answers we will determine if you qualify and match with one of our partners.

Get the perfect policy

We will connect you with a partner that he knows will be able to serve you best and get you the coverage you need!

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Advanced Insurance Solutions

Are you maximizing every opportunity to reduce your tax burden?

Whether you’re a business owner, a professional, or managing a family’s wealth, we offer solutions that are tailored to your needs. By strategically using life insurance, we help you safeguard your wealth, ensure liquidity, and preserve your legacy for future generations.

Covered Life

Protect those who matter

We would all do anything for our loved ones, and now we make it easier than ever to get Life Insurance that protects your family financially.

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When Should I Consider Insurance?

If you're planning to exit your business within the next 5-10 years or want to reduce your tax liability while withdrawing money from your corporation, life insurance becomes essential. It’s also crucial if you aim to build a Capital Dividend Account (CDA) to pass wealth tax-efficiently to your family. For newer successful business owners with significant retained earnings, life insurance can help you mitigate annual tax liabilities while keeping your assets entirely liquid.

How Does My Age Affect The Cost?

While age does influence the cost of life insurance, corporate-owned participating whole life insurance offers additional value. As you age, the investment component of COLI grows within a participating fund, which can help offset higher costs. This ensures that your policy remains a strong financial tool, providing both protection and growth potential over time.

How Much Life Insurance Do I Need?

The amount of life insurance you need depends on several factors, including your income, retained earnings, business structure, and shareholder agreements. A tailored strategy is crucial. For example, if you have substantial retained earnings, a larger policy may be necessary to shelter more of your wealth from taxes, provide liquidity for business opportunities, and ensure financial flexibility in the future.

Why Should I Consider Corporate Owned Life Insurance?

Corporate-Owned Life Insurance (COLI) is a powerful tool for high-net-worth individuals. It offers a tax-efficient way to shelter growth on corporate invested assets and provides liquidity for your business through a tax-free loan. Additionally, the interest on this loan might be tax-deductible when used to secure a collateral loan. Upon your passing, the outstanding loan is repaid from the death benefit, with the remaining proceeds paid out tax-free to your corporation. This strategy not only helps minimize tax liabilities but also maximizes the wealth you can transfer to future generations.

When do I need life insurance?

if you’re planning on getting married, having kids, or buying a home, you should probably start to think about it. You will want to make sure that your family is provided for, and can pay off your debts after you’re gone. Getting life insurance while you are young and healthy can result in lower premiums, as you pose a significantly lower risk.

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Does my age effect my

cost?

Yes, your age can affect your premiums. Your insurance company is going to evaluate the risk that you pose to the company and place you in a ‘risk grouping’. Usually, the younger you are, the healthier you are, the lower the risk you pose, the lower the premiums that you have to pay. Keep in mind that age is only one factor, and the insurer will also look at things like your gender, medical history, physical condition and if you smoke.

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How much do I need?

There is no one-size-fits-all answer. The amount of insurance you will need is a highly personal decision. A life insurance agent will look at your assets, debts, personal situation, financial goals and your family’s needs so they can make recommendations tailored to you. Remember, your needs might change throughout your life, so it’s a good idea to review your policy at milestone events such as getting married or having a baby.

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Why do people get life insurance?

Life insurance is a way to make sure that your family and dependants don’t suffer financially when you die. Life insurance can be used to pay for a funeral, pay off debts (including your mortgage), pay for your children’s education and help your family maintain their standard of living when they no longer have you to support them.