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.
Are you interested in learning more about Buy-Sell insurance?...
Canada Life Sustainable Portfolios™ can help you invest for returns while reshaping the future...
Make your holidays precious, not expensive...
Use these age-based strategies to teach your kids how finances work and how to manage their own money...
You’re passionate about social and environmental issues and you want your investment portfolio to match your values....
Since 2007, through Workplace Strategies for Mental Health, Canada Life has provided evidence- and practice-based tools and resources to all Canadians, at no cost....
Across Canada, investors are looking to use the power of their portfolios by choosing investments that not only provide strong returns, but also help make a positive difference to society...
The Canada child benefit (CCB) provides a financial benefit to support families with children during this life stage...
To help your employees prepare for life’s what-if moments, you can offer extra coverage from your group plan: Portable Benefits...
To make it easier for you to know what’s in your investment portfolio, Canada Life™ is updating their fund names to be more reflective of what the funds offer...