Increase the funds available to your heirs
If you have savings or extra income you don’t need for lifestyle purposes, here’s information about a financial planning strategy that will increase the funds available to your heirs or favourite charity when you die. To learn more, click here or feel free to contact us.
Universal Life Insurance
Designed to meet both your life insurance and investing needs, universal life insurance combines long-term insurance protection and tax-advantaged investing in one single, customizable policy. Whether your goal is to protect the legacy you’re building for your loved ones, or to build additional wealth over time, universal life insurance can help you:
- Leave proceeds to your beneficiary – tax free
- Further your estate planning
- Build tax-deferred equity and accessible cash value over time (may be subject to taxation)
- Establish financial collateral for a bank loan
- Provide key person insurance coverage for your business (business continuity)
From how you want to invest, to how you pay for your insurance, to how much or little you want to invest, there are a variety of simple universal life coverage options that can be customized to meet your financial planning needs.
Synergy
Synergy offers one-of-a-kind insurance coverage, combining three policies in one affordable and easy-to-manage package. Synergy’s unique design provides protection against life’s everyday risks: disability, critical illness and early death.
Suitable for your personal and business needs, Synergy allows you to protect your family against the financial impact of the unpredictable, everyday risks we all face.
Synergy provides solid insurance protection across three high risk areas at one affordable price. The convenience and simplicity of Synergy allow you to manage one policy with one amount to pay while you cover the need for three essential types of insurance.
The flexibility of Synergy gives you and your loved ones the ability to:
- Help protect your income if you are unable to work
- Provide mortgage and debt protection
- Supplement gaps in group disability, critical illness and life insurance coverage
- Protect your family against the financial impact of loss of income due to injury, illness and premature death.
For more information on Synergy, click here or please feel free to contact us.
*Synergy is sold by, and is a registered trademark of The Manufacturers Life Insurance Company.