One moment, your world feels unshakeable. The next—it changes. Illness strikes. An accident halts your income. A key person in your business passes away. At Sharma & Associates Private Wealth Management, we don’t view insurance as a sales product. We treat it as a financial strategy. One that protects the people, assets, and legacy you’ve worked so hard to build.
We work with business owners, incorporated professionals, and high-net-worth families across Brampton and Mississauga to build insurance strategies that are personal, efficient, and forward-looking. The goal isn’t just protection. It’s preparation. And peace of mind.
Life insurance for individuals and business owners
Life insurance isn’t about fear—it’s about foresight. A well-structured policy helps your family maintain their lifestyle, ensures your business keeps running, and covers debts and final expenses without dipping into your estate. Whether you need high-net-worth insurance, or solutions for a more complex estate, we help you design coverage that goes beyond the basics. Our high-net-worth life insurance strategies often involve layering policies to reduce taxes, fund shareholder agreements, or provide capital gains coverage in an estate freeze.
For business owners, life insurance plays a crucial role in:
- Buy-sell agreements
- Funding shareholder buyouts
- Key person coverage
- Business loan protection
- Corporate-owned insurance for tax-efficient estate planning
This is life insurance for high-net-worth individuals and business leaders who want every dollar doing the most it can—for their families and their companies.
Critical illness insurance: A lifeline in crisis
Cancer. Stroke. Heart attack. They don’t ask permission. And they often strike during prime working years. Critical illness insurance offers a lump sum payout, giving you financial breathing room when you need it most. Whether it’s to cover treatment, take time off, or keep your household running, the decision is yours.
You may never need it. But if you do, you’ll be thankful it’s there—buying time, stability, and options during a health crisis.
Disability insurance: Protecting your income stream
Your ability to earn is your most valuable asset. When illness or injury disrupts that, the financial impact can be devastating. Disability insurance provides regular income replacement, helping you maintain your lifestyle, cover essential expenses, and protect your long-term plans.
We help incorporated professionals and small business owners structure individual or group disability plans that match their income level and protect their financial trajectory.
Estate preservation through insurance
You’ve worked hard to build wealth—but taxes, fees, and final expenses can quietly erode it. Insurance can bridge those gaps. We use high-net-worth insurance strategies to preserve estates, create liquidity, and ensure heirs receive the legacy you intended.
Whether you’re passing on a business, a real estate portfolio, or significant personal assets, insurance helps protect against:
- Capital gains tax at death
- Probate costs
- Estate equalization among heirs
- Debt or liabilities that could threaten your estate
Our insurance planning is integrated with your broader financial and estate plan—so your wealth doesn’t just transfer, it endures.
Employee benefits for small business owners
Attracting and retaining top talent means more than offering a competitive salary. We help business owners implement customized employee benefits plans that include life, disability, and health insurance—protecting both your people and your business.
Whether you’re building from scratch or reviewing an existing plan, we help you:
- Choose cost-effective coverage levels
- Understand tax treatment
- Integrate group plans with your personal insurance strategies
- Support long-term employee loyalty
Benefits shouldn’t be complicated. We make them clear, sustainable, and aligned with your business goals.
High-net-worth insurance that fits your life
Wherever you are in your journey, the right insurance coverage adapts as your needs evolve. Whether you’re newly incorporated, raising a family, or preparing for retirement, we structure policies that grow with you—not outdated, one-size-fits-all coverage that quietly loses relevance.
We don’t sell products—we create strategies. That means ongoing reviews, adjustments when life changes, and recommendations that reflect your evolving financial world.