Universal Life Insurance.
Universal Life insurance is a combination of two important elements; a whole life policy, and savings vehicle. Each part performs a specific function, and together they deliver value in a single financial instrument.
As long as the premiums are paid, the Universal life insurance stays in-place permanently. At the beginning of the life insurance policy the death benefit and premiums are usually guaranteed and remain fixed. Life policies pay the death benefit when the insured person passes away.
The invested premiums fund the death benefit, and whenever excess premiums occur, they are then invested by the insurance company on your behalf in a tax-preferred savings account. This last point is important for those people who may have maximized allowed RRSP contributions and are looking for additional ways to shelter income and wealth from taxation.
It is important to note that the regulations for Universal Life are changing and becoming more complicated for favourable tax treatment for heirs and business owners. Only a licensed insurance advisor can sell this financial instrument and be on-top of the changes.
Together we should determine the appropriate level of insurance required should the unthinkable happen. We will quantify the near and long-term financial needs of your loved ones and set an appropriate death benefit.
We will also examine your existing investments and other life insurance (term, group benefits, etc.) and integrate a Universal Life policy into your risk mitigation strategy and into your investment and retirement planning.
Once we know the “size” of the policy, we can determine your premiums, and any underwriting requirements, which may include personal health history, a physical exam, an appointment with a visiting nurse to draw blood for testing.
The entire process takes just a few days, requiring only an hour or two of your direct involvement.
Wow that was strange. I just wrote an extremely long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyways, just wanted to say fantastic blog!
Appreciating the persistence you put into your website and in depth information you provide. It’s great to come across a blog every once in a while that isn’t the same outdated rehashed material. Wonderful read! I’ve saved your site and I’m including your RSS feeds to my Google account.
I love what you guys are usually up too. This sort of clever work and exposure! Keep up the awesome works guys I’ve you guys to my personal blogroll.
I have been surfing online more than three hours these days, yet I never found any fascinating article like yours. It’s lovely value enough for me. In my opinion, if all website owners and bloggers made good content as you did, the net might be much more useful than ever before.
Francisk Skorina Gomel State University
It is perfect time to make a few plans for the future and it is time to be happy. I have read this post and if I may just I want to suggest you few fascinating things or advice. Perhaps you could write next articles referring to this article. I wish to read more things approximately it!
Fantastic beat ! I wish to apprentice while you amend your site, how can i subscribe for a blog web site? The account aided me a acceptable deal. I had been tiny bit acquainted of this your broadcast provided bright clear concept
Yes! Finally something about %keyword1%.
Its like you read my mind! You seem to understand so much approximately this, like you wrote the e-book in it or something. I feel that you could do with some p.c. to drive the message house a bit, however other than that, this is fantastic blog. An excellent read. I’ll definitely be back.
When someone writes an piece of writing he/she maintains the thought of a user in his/her mind that how a user can know it. So that’s why this post is great. Thanks!
I will right away seize your rss as I can not in finding your email subscription link or newsletter service. Do you have any? Please allow me recognise so that I may subscribe. Thanks.
What a stuff of un-ambiguity and preserveness of precious knowledge regarding unexpected feelings.
“Франшиза автомойки” от нашей сети – это готовое решение для старта вашего бизнеса. Мы предлагаем полную поддержку и профессионализм.
Great post.
Hello, I log on to your new stuff like every week. Your story-telling style is awesome, keep doing what you’re doing!
I am really loving the theme/design of your weblog. Do you ever run into any web browser compatibility problems? A handful of my blog audience have complained about my website not operating correctly in Explorer but looks great in Chrome. Do you have any suggestions to help fix this issue?
568859 806705Some genuinely interesting info , nicely written and broadly speaking user pleasant. 127643
671995 227515I actually enjoy reading on this website, it holds great articles . 947719
928725 428739I feel your suggestion would be valuable for me. I will let you know if its work for me too. Thank you for sharing this beautiful articles. thanks a whole lot 670606
36386 677957my English teacher hate me cause i maintain writing about somebody from The WANTED called Jay, she gives me evils and low 105432
363340 414548Im so pleased to read this. This really is the kind of manual that needs to be given and not the accidental misinformation thats at the other blogs. Appreciate your sharing this very best doc. 312825
44726 340287cleaning supplies ought to have earth friendly organic ingredients so that they do not harm the environment 739641
289602 327072I like this weblog so much, saved to my bookmarks . 383798
747731 137514Most heavy duty trailer hitches are created making use of cutting edge computer aided models and fatigue stress testing to ensure optimal strength. Share new discoveries together with your child and maintain your child safe by purchasing the correct style for your lifestyle by following the Perfect Stroller Buyers Guideline. 317209
398000 83037Outstanding blog here! Also your site loads up rapidly! What host are you making use of? Can I get your affiliate link to your host? I wish my internet site loaded up as rapidly as yours lol 816974
249853 228781Wow What excellent info. Thank you for the time you spent on this post. 603196