Universal Life Insurance refers to life insurance which combines a death benefit with an investment account.
Individuals/families looking for permanent insurance
Individuals/families seeking financial security and willing to accumulate additional funds
Young dual-income couples
Individuals with a higher than average income looking for a tax-sheltered savings other than RRSP
Business owners
Affordable permanent life insurance protection combined with a tax-sheltered savings account.
Choice to modify the amount of insurance, the cost options, payment frequency, and premium amount.
Opportunity to make partial withdrawals.
Ability to diversify your savings through a range of investment options.
Option to obtain a premium holiday if you are temporarily unable to make usual payments.
Personalize your contract when it is issued and any time throughout the term.
Premium reduction based on the general state of your health and lifestyle.
