⚙️ Life Insurance
Universal Life Insurance
The most flexible permanent insurance available — adjust your premiums, coverage, and investment component as your life changes. Combines permanent protection with tax-advantaged savings.
- Flexible premium payments — pay more or less as needed
- Adjustable death benefit
- Tax-sheltered investment account inside the policy
- Wide range of investment options
- Ideal for higher-income earners and business owners
- Coverage that adapts as your financial situation evolves
How Universal Life Works
You pay premiums into the policy. Part covers the insurance cost; the rest goes into a tax-sheltered investment account. Over time, the investment component can grow substantially and even help pay future premiums.
Who Benefits from Universal Life?
- Business owners seeking tax-efficient corporate investment
- High-income professionals who've maxed out RRSPs and TFSAs
- Estate planning scenarios requiring flexible, permanent coverage
- Individuals wanting investment flexibility alongside life coverage