The Power of A Strategic Corporate Life Insurance Policy
As financial planners deeply committed to securing financial futures, we recognize the pivotal role of life insurance as a cornerstone in protecting businesses and individuals. In Canada, life insurance isn't just a safety net for individuals but a potent corporate asset.
Here's why you might want to consider corporate life insurance:
Smart Investment: Purchased with After-Tax Corporate Dollars, Life insurance, bought with after-tax funds, grows tax-deferred, a smart move for future growth.
Maximizing Value: Since the asset is acquired at an extreme discount to the face value, you secure extensive coverage at a lower cost, maximizing your initial investment.
Tax Advantages: Corporate-owned policies grow tax-free and provide tax-free benefits to the corporation and/or shareholders, securing stability.
Certainty of Value and Liquidity: Company-owned life insurance offers stable value and liquidity options for financial flexibility.
CDA Advantage: CDA - The Capital Dividend Account benefit - enables tax-free dividends to transfer smoothly to shareholders upon the death of the insured.
Rates and Eligibility Based on Good Health: All rates and eligibility for life insurance are based on good health unless converting a pre-existing term policy. We tailor solutions that fit your needs, ensuring alignment with your circumstances.
Our expertise lies in offering life insurance to corporation key persons as a powerful corporate asset. We craft tailored strategies to fortify financial foundations, ensuring resilience against uncertainties while optimizing present benefits—partner with us to unlock the full potential of life insurance in your corporate portfolio.