Universal Life Insurance is one of the most flexible life insurance products on the market. It combines “protection” and “savings”, enabling you to create an investment portfolio that fits your risk tolerance and whose growth is tax-deferred.
More than insurance – a savings product
It is a financial solution with a lifetime guarantee that will give you peace of mind throughout your life and will allow you to protect your loved ones. It is also a particularly attractive planning tool offering a wide range of tax-deferred investment options.
Life Insurance can be a valuable investment tool for individuals who have maxed out their RRSP.
You choose the death benefit to be paid to your beneficiaries. Payments exceeding the cost of insurance will be used to build savings sheltered from tax.
For business owners, this insurance product also provides an interesting tax benefit.
If you are interested in purchasing Universal Life Insurance, you should talk to a financial security advisor. They will review your needs, investment profile, and current resources to create a realistic action plan that takes into account short-, mid- and long-term economic outlooks.
Because each situation is unique, Lussier Dale Parizeau’s financial advisors are here to guide you towards the life insurance product that will meet your needs and ensure your peace of mind and that of your family.