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Whole Life Insurance- A Whole New Investment Class

Aug 11, 2015

The recent developments in investment markets and the volatile performance that has resulted have brought about a new appeal to an old workhorse. For investors looking for a diversification in their investment portfolio and a more tax efficient fixed income investment alternative, a compelling argument can be made for the use of Whole Life Insurance. […]

The Corporate Extraction Strategy-Transferring a Life Insurance Policy to a Corporation

Aug 11, 2015

The Corporate Extraction Strategy involves transferring a personally owned life insurance policy to a corporation for its fair market value (FMV). When handled properly, it could result in withdrawing capital from the corporation tax free! The preferred candidates for this strategy Own a life insurance policy that they wish to maintain; Own all the shares […]

Group Life Insurance – Only Part of The Solution

Aug 11, 2015

Ownership of individual life insurance at its lowest level in 30 years The Life Insurance and Market Research Association (LIMRA) 2013 study shines a light on a developing problem for Canadian households: Individual ownership of Life Insurance was at its lowest level in 30 years; 3 in 10 households did not have individual life insurance […]

Family Business Planning Strategies

Aug 11, 2015

If you are an owner in a family enterprise, the likelihood of your business successfully transitioning to the next generations is not very good. This has not changed over the years. Statistics show a failure rate of: 67% of businesses fail to succeed into the second generation 90% fail by the third generation With 80% […]

Don’t Wait Too Long To Convert Your Term Insurance

Aug 11, 2015

If you require permanent life insurance coverage for family, estate planning, business, or tax planning purposes or you just wish to accumulate money in your life insurance program it may be time to look at a permanent, level cost solution. Many of us purchase large amounts of low cost term insurance to cover our needs […]

Critical Illness-Are You Protected?

Aug 11, 2015

Why a Doctor Invented Critical Illness Insurance Critical Illness insurance was invented by Dr. Marius Barnard.   Marius assisted his brother Dr. Christiaan Barnard in performing the first successful heart transplant in 1967 in South Africa. Through his years of dealing with cardiac patients, Marius observed that those patients that were better able to deal with […]

Mortgage Life Insurance from the Bank vs. an Independent Advisor

Aug 06, 2015

We outline the difference from purchasing life insurance from the bank vs. an independent advisor.

Should I Incorporate in Canada?

Aug 06, 2015

Sole Proprietor or Corporation in Canada When should I incorporate? What's the difference? We highlight the differences showing setup costs, admin costs, business losses, control, liability, taxes and selling the business.

Build Your Financial Plan

Aug 06, 2015

Build your Financial Plan

CBC Marketplace: In Denial

Aug 06, 2015

If you have a mortgage on your home, chances are good you also have mortgage insurance. The idea is that if you should become seriously ill or die before paying off the mortgage, the coverage will kick in and pay it off for you. It's meant to offer peace of mind and to reassure you that your family will be able to stay in your home if anything should happen to you.

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