Security for My Family

What’s Important To Me?

Standard Of Living For Spouse

The purchase of Life Insurance Plans to provide a spouse with a continuing income is accomplished by selecting the amount of coverage needed, the duration, inflation factors, and projected rate of return. Your professional advisor can assist you with determining the amount, type of plan, and structure which best suits your personal needs.


Pay Off Debt
Often overlooked is the use of Life Insurance Plans to eliminate debt from becoming the responsibility of the surviving dependants. Bank loans, credit cards, student loans, car loans, personal guarantees, as well as, an allowance for unpaid bills should all be considered.


Providing For Children / Grandchildren
The cost of an education, starting a business, a first home, or supporting a young family can be considerable if not overwhelming.
The living or death benefits of Life Insurance Plans can assist children and grandchildren when they need it most.

Charitable Giving

Recent tax changes have made charitable giving even more attractive for Canadians.


By donating to one’s church, charity, or favourite cause significant tax deductions are available. Offsetting current tax liabilities or addressing taxation upon death can be accomplished by the use of Universal or Whole Life plans.

Taxation Planning

Income Shelter

Universal Life has become a vital tool in tax planning strategies. In addition to providing liquidity with tax-free death benefits, Universal Life also offers tax-deferred accumulation with a wide array of investment options. Preferred tax treatment and flexibility allow for income sheltering and retirement augmentation.

Capital Gains

Upon the death of the last spouse capital gains become taxable and payable for the taxation year.


Growth above the adjusted cost base of a non-registered investment such as: stock and bond portfolios, revenue and / or recreational properties, business interests, as well as, personal properties intended as investments all become taxable at the capital gains rate.


Offsetting gains and preserving the estate can be obtained at a fraction of the cost by the purchase of Life Insurance Plans.

RRSP/RRIF – Taxation At Death

The taxation of RRSPs / RRIFs at death is a significant concern for most Canadians. RRSPs and RRIFs can be rolled to a spouse upon death without tax, however, if single or widowed they become taxable as income in the year of death. Up to almost half of the asset can be lost to tax. The use of Joint Last-to-Die Life Insurance Plans to protect this loss is a very popular and economical solution. Term to 100, Universal Life, or Whole Life is recommended for their permanent coverage features.

Tax-Free Estate Transfer

Whether using Life Insurance Plans to preserve your estate or strategically shifting money into a plan for sheltering purposes, the benefit of tax-free death proceeds should not be overlooked. These proceeds can be passed tax-free to a named beneficiary such as a dependent, relative, charity or church.


Significant portions of income tax, probate fees, and settlement expenses can all be avoided.

Income Protection

Personal Income Replacement

Often overlooked is the necessity for income replacement in the case of disability. On-going mortgage payments, monthly bills, credit card payments, loan payments, and household needs do not go away when you are disabled. Disability comes in many forms, primarily from sickness or accidents. Many people automatically relate disability to accidents only. However, the mass majority of incidents result from sickness, so it is important to have coverage for both occasions.

The amount of coverage should directly relate to your income necessity on a monthly basis. When coverage commences and how long it pays can be determined with individual consideration to your personal needs. Also, many features are offered as options in addition to the base coverage.

Personal consultation with Professional Advisor is strongly recommended due to the complexities of the contracts and features available.

Protecting Your Business Interests

Key people within a business are your most valuable assets. Income loss to the business due to a disability can be significant, if not very harmful to continued success. Several products which are available that can alleviate these concerns include:

Key-Man Disability coverage – this coverage allows for a replacement to be implemented, trained and integrated without the usual financial burden.

Disability Buy-Out coverage – in the case of prolonged or permanent disability, this product provides a lump sum payment to the disabled individual to buy out his/her interest in the business.

Personal Income Replacement – Often overlooked is the necessity for income replacement in the case of disability. On-going mortgage payments, monthly bills, credit card payments, loan payments, and household needs do not go away when you are disabled. Disability comes in many forms, primarily from sickness or accidents. Many people automatically relate disability to accidents only. However, the mass majority of incidents result from sickness, so it is important to have coverage for both occasions.

The amount of coverage should directly relate to your income necessity on a monthly basis. When coverage commences and how long it pays can be determined with individual consideration to your personal needs. Also, many additional features are offered as options to the base coverage.

Personal consultation with Professional Advisor is strongly recommended due to the complexities of the contracts and features available.

Obtaining The Best Medical Care

In the case of a critical illness such as cancer, stroke, heart attack, or coronary artery disease, etc., products exist to provide money when it is needed most. Critical Illness insurance provides a lump-sum payment to the insured upon the onset of the above and numerous other conditions. Amount of coverage, optional benefits and features are personally chosen by the consumer to match his/her individual needs.

Having the financial ability to access the best medical care is becoming vital in personal security planning. Benefits also offer the ability for lifestyle adaptation and continuation.

Lifestyle Continuation

Personal Income Replacement – Often overlooked is the necessity for income replacement in the case of disability. On-going mortgage payments, monthly bills, credit card payments, loan payments, and household needs do not go away when disabled. Disability comes in many forms primarily from sickness or accidents. Many people automatically relate disability to accidents only however, the mass majority of incidents result from sickness. It is important to have coverage for both occasions.

The amount of coverage should directly relate to your income necessity on a monthly basis. When coverage commences and how long it pays can be determined with individual consideration to your personal needs. Also, many features are offered as options in addition to the base coverage.

Personal consultation with Professional Advisor is strongly recommended due to the complexities of the contracts and features available.

Critical Illness Insurance – in the case of a critical illness such as cancer, stroke, heart attack, or coronary artery disease, etc., products exist to provide money when it is needed most. Critical Illness insurance provides a lump-sum payment to the insured upon the onset of the above and numerous other conditions. Amount of coverage, optional benefits and features are personally chosen by the consumer to match his/her individual needs.

Having the financial ability to access the best medical care is becoming vital in personal security planning. Benefits also offer the ability for lifestyle adaptation and continuation.

Increasing Your Estate Value

Protection From Taxation

Capital Gains – Upon the death of the last spouse capital gains become taxable and payable for the taxation year.


Growth above the adjusted cost base of a non-registered investment such as: stock and bond portfolios, revenue and / or recreational properties, business interests, as well as, personal properties intended as investments all become taxable at the capital gains rate.


Offsetting gains and preserving the estate can be obtained at a fraction of the cost by the purchase of Life Insurance Plans.


RRSP/RRIF – Taxation at death – The taxation of RRSP’s / RRIF’s at death is a significant concern for most Canadians. RRSP’s and RRIF’s can be rolled to a spouse upon death without tax, however, if single or widowed they become taxable as income in the year of death. Up to almost half of the asset can be lost to tax. The use of Joint Last-To-Die Life Insurance Plans to protect this loss is a very popular and economical solution. Term to 100, Universal Life, or Whole Life are recommended for their permanent coverage.

Sheltering Taxable Assets

Income Shelter – Universal Life has become a vital tool in tax planning strategies. In addition to providing liquidity with tax-free death benefits, Universal Life also offers tax-deferred accumulation with a wide array of investment options. Preferred tax treatment and flexibility allow for income sheltering and retirement augmentation.
Capital Gains – Upon the death of the last spouse capital gains become taxable and payable for the taxation year.
Growth above the adjusted cost base of a non-registered investment such as: stock and bond portfolios, revenue and/or recreational properties, business interests, as well as, personal properties intended as investments all become taxable at the capital gains rate.
Offsetting gains and preserving the estate can be obtained at a fraction of the cost by the purchase of Life Insurance Plans.

Tax-Free Death Benefits

Whether using Life Insurance Plans to preserve your estate or strategically shifting money into a plan for sheltering purposes, the benefit of tax-free death proceeds should not be overlooked. These proceeds can be passed tax-free to a named beneficiary such as a dependant, relative, charity or church.


Significant portions of income tax, probate fees, and settlement expenses can all be avoided.