Adjustable insurance policies should offer value to consumers beyond simply addressing the desire to sign up for a new policy when premiums drop.
Using Aco. Corp as an example, we demonstrate how a firm should enter corporate-owned life insurance on its balance sheet.
Historic low rates have made guaranteed interest accounts less attractive. But new alternatives mean investing within a universal life (UL) policy shouldn’t be written off.
A client called me earlier this year with a strange question. He wanted to know if donating an organ or a piece of an organ would affect his ability to purchase life insurance in the future. At the time, it seemed like an academic question and the client didn’t offer any explanations.
Use immediate leveraging with insurance in a low-rate environment.
Advisors often recommend life insurance based on the fact that it’s easy for heirs to collect policy benefits. But executors, known as estate trustees in Ontario, still need to know how the process works, and potential pitfalls that can happen along the way.
Standard Life Financial Inc. has reported a net income of $158 million for the first half of 2014, compared to $48 million for the same period last year.
The Office of the Privacy Commissioner of Canada is urging the life and health insurance industry to call on its members to refrain from asking applicants for access to existing genetic test results for the purposes of underwriting an insurance policy at this time.
Advisors often hear first that an heir’s fallen out of favour
Canadians are living longer, and retirement plans should take those extra years into account.