Permanent life insurance provides guaranteed, lifelong coverage that protects the people you care about. It offers cash values that can grow over time to either increase the value of your death benefit or help pay for future goals like an education fund, starting a new business or supplementing your retirement income. There are two types of permanent life insurance: participating life insurance and universal life insurance.
Participating life insurance provides lifelong insurance coverage and pays the person you choose a tax-free payment when you die. Your policy is guaranteed to grow in cash value as long as you make your payments.
Term life insurance helps you meet short-term protection needs over a set period of time. It’s ideal if you’re looking for a cost-efficient way to cover large debt for a specific term – for example, a mortgage.
Another video appearance on Brian Manko's Rocky View Entrepreneur Series. We talked about the preservation of assets using insurance products. Recreational properties, capital gains liability, funding the buy/sell among children, insurance trusts, and types of insurance for estate planning are covered in this interview. Watch this video to learn more.
Recently, I made a guest appearance on Brian Manko's Rocky View Entrepreneur Series. Watch this video to learn more about Buy-Sell insurance.
Use your year-end bonus to give yourself the gifts everyone wants – and needs. Smart ways to invest your year-end bonus – in yourself. This article has three easy ideas to help you improve your financial plan...
Helping you understand what sets these two savings options apart...
Matching each saving option to your specific financial situation...
You know you can’t take your money with you when you die, but have you thought about what your legacy will be?...
Key person insurance is insurance a company buys on the life or health of an owner or employee crucial to the company’s success...
Six effective probate planning strategies to consider when discussing your clients overall estate plan...
Millions of Canadians are enrolled in a benefits plan that provides health and dental coverage, as well as other benefits that can help you protect your loved ones and plan for the future financially....
People often buy life insurance when they’re getting married, having a child, buying a home or starting a business...
It’s safe to say we spend a lot more time figuring out how we’re going to save for retirement, than how we’re going to withdraw those savings. Here are some tips that may help....
The reasons to offer a benefits plan include employee retention, employee wellness and morale, and some potential tax advantages for employers...