Business owners are well-versed in making crucial decisions that affect both the current day-to-day operations and the future state of their respective companies. When it comes to the latter, an unforeseen death of a key person in the business has the potential to significantly alter the course of business. Choosing the right life insurance policy is one crucial decision that can help alleviate some of this burden and ensure seamless business continuity.
The past year has brought an enormous amount of economic uncertainty. Businesses of every type and size have suffered through a challenging year. At the same time, many have evolved and innovated to adapt to shifting norms and have emerged stronger. As Canada slowly reopens and begins to return to normalcy, we celebrate the important ways that Canadian businesses have shaped and improved our day-to-day lives and enhanced the economy as a whole.
In 1984, a New York Times reporter asked legendary Occidental Petroleum CEO Armand Hammer why, at age 86, he had not yet named a successor. “If I pass,” Hammer began. Then he caught himself. “When I pass, the board of directors will name a successor.”
Fast forward 34 years, to a major 2018 study of business owners. When asked, “What is your ideal exit strategy?”, 10% percent of business owners responded, “I don’t ever plan to exit.” 
Navigating the many nuances of life insurance policies can be confusing and complex for couples. But those in relationships, whether common-law or married, should sit down to answer some crucial questions: Should we get a single or joint life insurance policy? And if we opt for the latter, would we best served by securing a “first to die” or “last to die” policy?
What We Do
Optimizing net worth for successful entrepreneurs and families.
For more than 20 years, The Targeted Strategies Group (TTSG) of companies has helped successful entrepreneurs and families protect, preserve, and optimize net worth by using proprietary life insurance solutions. Our team of more than 100 professionals collaborates with our clients and their advisors to provide ideas, strategies and solutions to complex problems.
Custom life insurance solutions. Tailored to our client’s financial goals.
Life Insurance Solutions
Our team of experts work with your advisors to guide strategies and solutions.
“We are a group of professionals and thought leaders who collaborate with our clients and their advisors to provide insight and innovative solutions to complex estate planning opportunities and challenges.”
Susan Kichuk, CEO
What We Value
At TTSG we are guided by the following values.
Our business model is built on partnering with our clients and our clients’ advisors to look at their planning holistically. We believe it is more effective to be part of a team where we focus on what we do best and collaborate with best resources available in other areas.
We believe in giving back to the community and empowering our employees to support the causes they are most passionate about. As a company, we have donated or sponsored charity-based events in an amount of more than $1M over the last two years. We also offer a program that matches employee charitable contributions, and have a “Volunteer of the Year” program where one person is recognized with a significant monetary gift that they can choose to donate to an eligible registered charity.
We live in a world of possibilities, not process. We continuously look for new and creative ways to do things better and believe that investments in innovation will always multiply the benefits possible. We have invested millions of dollars to build a team of the sharpest minds dedicated to continuously finding the best ways to achieve our clients’ goals. We invest over $2 million in product research annually and proactively work with our partners to improve the products available to offer our clients. We also invest hundreds of thousands of dollars in employee education and skill development every year to ensure our professionals are top in their field.
We are transparent and accountable to our clients and our partners. In addition to our employees being accountable to the various regulatory organizations governing their professions (e.g. provincial Chartered Professional Accountant bodies, provincial law societies, provincial insurance regulators), we have invested in a full time regulatory compliance lawyer as our Chief Compliance Officer who ensures we maintain the highest standards in insurance compliance, client privacy protection and cybersecurity.