Are you looking for insurance protection? Wealth accumulation? Hands-off management?

The most obvious and significant benefit of life insurance is the lump sum payment it provides when the insured person dies. This lump sum is paid directly to the beneficiary designated in the policy and it’s not taxable. The specific need this lump sum payment addresses will vary with your needs, which could include protection for surviving dependants, estate preservation or creation and funding to ensure that an estate is distributed equitably.


Whole life insurance gives you permanent coverage -- you can't outlive whole life insurance, your protection will be there no matter what (so long as your premium is paid).  And once established, it can pay for itself automatically if you can't or forget -- and that means growing cash value too!  

Whole life insurance gives you lifetime protection with Guaranteed Cash Values. Its unique product features help you increase the value of your plan and maximize your wealth on a tax-deferred basis.

Universal life insurance provides long-term insurance protection to help safeguard the legacy you’re building for those you care about. It also gives you the opportunity to invest and build additional wealth over time, within the same policy. Universal life insurance is a permanent life insurance plan. 


Another use of life insurance proceeds is to pay debts, tax liabilities and other estate costs so the estate’s assets don’t have to be eroded or borrowed against to cover these expenses. Some of the financial liabilities that can threaten your estate include capital gains taxes and registered plans and tax liabilities.  


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