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life insurance

Do you know one of the best tax shelter strategies will be gone in 6 months?

on Wed, 06/15/2016 - 12:53

Here is the reason why you want to revisit getting a permanent life insurance policy (especially if you have a corporation).

Permanent life insurance policies had been regularly incorporated by financial professionals as a part of tax shelter strategy for decades. Since market crash, life insurance had been we comely used as investment strategy, NBC News' report in May 2008. Come 2017, that benefit will drop substantially. 

To make it easy to understand, when any tool allows the saving/return portion over and above its original purpose, it is an investment vehicle.

Life Insurance Industry Sees Assisted Dying in Different Light than Suicide

on Sun, 05/22/2016 - 08:56

Anne was a visitor to trufinancial's web site and she likes what she sees, she approached me willing to contribute. Of course, I am always open to collaborations!

The Canadian Life and Health Insurance Association (CLHIA) has informed the government that its members are willing to honour policies for persons who have died through physician-assisted death. They are also aiming to remove the two-year exemption for suicide, which states that if a person commits suicide within the first two years of an insurance contract, the beneficiary would not receive the death benefit.

How to choose the correct policy and juggle between your budget

on Thu, 11/10/2011 - 07:34

Haven't writen another blog for some time, it was quite busy and also attending the Small Business Summit had added extra pressure and workload as well....

Anyway, in order for you (the readers) understand how I function, I decided to write about the process of how I structured an insurance plan for a client....

So, this is a referral from another client, she was 53 at the time and she told me that her term policy would be up very soon. Considering her mortgage and everything, we decided to check the pricing of $300K coverage.