Whole life insurance offers several advantages over term life insurance, making it a preferred choice for those seeking lifelong financial security. Here’s why: While whole life insurance is more expensive than term life insurance, its long-term financial benefits make it a valuable investment for those who want lifelong protection and financial flexibility.
Life insurance is a crucial tool for funding buy-sell agreements, which help business owners plan for the transition of ownership in case of death, disability, or retirement. Here’s how it works: Step 1: Establishing the Buy-Sell Agreement A buy-sell agreement is a legal contract between business owners that outlines what happens if one owner exits … Read more
Wealthy individuals often use life insurance as a strategic financial tool, beyond its basic purpose of providing a death benefit. Here are some key ways they leverage life insurance to build and protect their wealth: 1. Tax-Advantaged Wealth Transfer Life insurance is an effective way to pass wealth to heirs with minimal tax liability. The … Read more
Building Wealth with Whole Life Insurance in Canada Whole life insurance is more than just a financial safety net—it can be a powerful tool for wealth building. In Canada, many individuals use whole life insurance policies to grow assets, protect their estates, and create tax-efficient investment opportunities. Here’s how you can leverage whole life insurance … Read more
Introduction Investing wisely is crucial for building financial stability and securing long-term wealth. With an array of investment options available, segregated funds stand out as an attractive choice for individuals who seek both investment growth and insurance protection. These funds combine the advantages of mutual funds with additional security features offered by insurance companies, making … Read more
Life insurance is a safety net that ensures financial stability for your loved ones in case of an unexpected tragedy. While it may not be a pleasant topic to think about, it’s an essential part of a comprehensive financial plan. Here are ten reasons why buying life insurance is a smart decision: 1. Financial Security … Read more
Deciding when to start receiving your Canada Pension Plan (CPP) benefits is a significant decision that can impact your financial well-being in retirement. The choice between taking CPP at 60 or 65 involves weighing various factors, including your financial needs, health, and retirement goals. This article will explore the pros and cons of both options … Read more
One of the most common requests when working with New Brunswick retirees is helping unlock their eligible pension amounts. This requires a calculation done online through FCNB to determine if you have ever previously done a pension unlocking and what the amount would be. It is important to know that for NB pensions you are … Read more
Segregated Funds: The Best kept Secret in the Investment Industry Why are advisors so Quiet about Segregated Funds? Is it that they are a unique to Canada Product that only can be sold by Financial Advisors with a Life Insurance License? Possibly Segregated Funds are often treated as an “afterthought” or a “niche investment vehicle”, … Read more
How much could you save by switching to Life Insurance? Contact us today to find out! *This is a hypothetical example and individual prices will vary
Should A young Professional Invest in a 20 Pay Whole Life Insurance Policy? I have spent the last decade critically analyzing the value of investing in 20 Pay Whole Life Insurance. It has taken years to conclude that it is an extremely effective way to build wealth for retirement and estate planning. Here are some … Read more
Yes, its worth it to make the switch to real Life Insurance! Here are some reasons why: Let’s explore a common scenario: You are finishing up your Mortgage documents and the broker/banker asks if you would like to apply for the Life Insurance. You quickly glance at your spouse and you both conclude that obviously … Read more
