Universal Life Insurance (UL)<\/h3><\/div><\/div><\/div>\nUniversal Life Insurance (UL) Universal life insurance provides guaranteed lifetime coverage, but also includes an investment component that generates tax-deferred savings. Universal life insurance in a way simplifies your financial planning while meeting both your insurance and savings needs. It is an effective combination of life insurance and tax-sheltered investments.<\/p>\n<\/div><\/section>\n
<\/span><\/span><\/div>\nHere\u2019s how it works<\/h3><\/div><\/div><\/div>\nYou make ongoing deposits to the policy \u2013 with some flexibility in terms of the amount. A portion of the deposit is used to pay the premium. The rest is invested and grows tax-sheltered, allowing you to boost the value of your long-term savings. You may also be able to borrow against the savings you\u2019ve built up and use this money to supplement your retirement income. When you die, the policy proceeds can be used to pay back the loan. When you die, the beneficiaries you name in your policy receive the insurance amount and the investment proceeds \u2013 tax free.<\/p>\n<\/div><\/section>\n
<\/span><\/span><\/div>\nFeatures and advantages of Universal Life Insurance;<\/h3><\/div><\/div><\/div>\n<\/span><\/span><\/div>\nFeatures and advantages of Universal Life Insurance;<\/p>\n
\u2022 Get permanent life insurance coverage for you and your family<\/p>\n
\u2022 Build your wealth and the legacy your loved ones will receive<\/p>\n
\u2022 Choose investments adapted to your investor profile<\/p>\n
\u2022 Option to benefit from life insurance and critical illness coverages for children, for a comprehensive family-geared solution<\/p>\n
\u2022 Flexible coverage: changes to insurance amount, changes to premium payment amount and addition of insureds during the course of the policy \u2022 Access to accumulated funds (may be taxable)<\/p>\n
\u2022 Possibility of insuring family members under the same policy at no additional cost<\/p>\n
\u2022 Option to add other insurance products or riders such as term life insurance and critical illness insurance<\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"class_list":["post-3393","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/comments?post=3393"}],"version-history":[{"count":4,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393\/revisions"}],"predecessor-version":[{"id":4260,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393\/revisions\/4260"}],"wp:attachment":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/media?parent=3393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Universal Life Insurance (UL) Universal life insurance provides guaranteed lifetime coverage, but also includes an investment component that generates tax-deferred savings. Universal life insurance in a way simplifies your financial planning while meeting both your insurance and savings needs. It is an effective combination of life insurance and tax-sheltered investments.<\/p>\n<\/div><\/section>\n
Here\u2019s how it works<\/h3><\/div><\/div><\/div>\nYou make ongoing deposits to the policy \u2013 with some flexibility in terms of the amount. A portion of the deposit is used to pay the premium. The rest is invested and grows tax-sheltered, allowing you to boost the value of your long-term savings. You may also be able to borrow against the savings you\u2019ve built up and use this money to supplement your retirement income. When you die, the policy proceeds can be used to pay back the loan. When you die, the beneficiaries you name in your policy receive the insurance amount and the investment proceeds \u2013 tax free.<\/p>\n<\/div><\/section>\n
<\/span><\/span><\/div>\nFeatures and advantages of Universal Life Insurance;<\/h3><\/div><\/div><\/div>\n<\/span><\/span><\/div>\nFeatures and advantages of Universal Life Insurance;<\/p>\n
\u2022 Get permanent life insurance coverage for you and your family<\/p>\n
\u2022 Build your wealth and the legacy your loved ones will receive<\/p>\n
\u2022 Choose investments adapted to your investor profile<\/p>\n
\u2022 Option to benefit from life insurance and critical illness coverages for children, for a comprehensive family-geared solution<\/p>\n
\u2022 Flexible coverage: changes to insurance amount, changes to premium payment amount and addition of insureds during the course of the policy \u2022 Access to accumulated funds (may be taxable)<\/p>\n
\u2022 Possibility of insuring family members under the same policy at no additional cost<\/p>\n
\u2022 Option to add other insurance products or riders such as term life insurance and critical illness insurance<\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"class_list":["post-3393","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/comments?post=3393"}],"version-history":[{"count":4,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393\/revisions"}],"predecessor-version":[{"id":4260,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393\/revisions\/4260"}],"wp:attachment":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/media?parent=3393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
You make ongoing deposits to the policy \u2013 with some flexibility in terms of the amount. A portion of the deposit is used to pay the premium. The rest is invested and grows tax-sheltered, allowing you to boost the value of your long-term savings. You may also be able to borrow against the savings you\u2019ve built up and use this money to supplement your retirement income. When you die, the policy proceeds can be used to pay back the loan. When you die, the beneficiaries you name in your policy receive the insurance amount and the investment proceeds \u2013 tax free.<\/p>\n<\/div><\/section>\n
Features and advantages of Universal Life Insurance;<\/h3><\/div><\/div><\/div>\n<\/span><\/span><\/div>\nFeatures and advantages of Universal Life Insurance;<\/p>\n
\u2022 Get permanent life insurance coverage for you and your family<\/p>\n
\u2022 Build your wealth and the legacy your loved ones will receive<\/p>\n
\u2022 Choose investments adapted to your investor profile<\/p>\n
\u2022 Option to benefit from life insurance and critical illness coverages for children, for a comprehensive family-geared solution<\/p>\n
\u2022 Flexible coverage: changes to insurance amount, changes to premium payment amount and addition of insureds during the course of the policy \u2022 Access to accumulated funds (may be taxable)<\/p>\n
\u2022 Possibility of insuring family members under the same policy at no additional cost<\/p>\n
\u2022 Option to add other insurance products or riders such as term life insurance and critical illness insurance<\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"class_list":["post-3393","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/comments?post=3393"}],"version-history":[{"count":4,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393\/revisions"}],"predecessor-version":[{"id":4260,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393\/revisions\/4260"}],"wp:attachment":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/media?parent=3393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Features and advantages of Universal Life Insurance;<\/p>\n
\u2022 Get permanent life insurance coverage for you and your family<\/p>\n
\u2022 Build your wealth and the legacy your loved ones will receive<\/p>\n
\u2022 Choose investments adapted to your investor profile<\/p>\n
\u2022 Option to benefit from life insurance and critical illness coverages for children, for a comprehensive family-geared solution<\/p>\n
\u2022 Flexible coverage: changes to insurance amount, changes to premium payment amount and addition of insureds during the course of the policy \u2022 Access to accumulated funds (may be taxable)<\/p>\n
\u2022 Possibility of insuring family members under the same policy at no additional cost<\/p>\n
\u2022 Option to add other insurance products or riders such as term life insurance and critical illness insurance<\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":4,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"class_list":["post-3393","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/comments?post=3393"}],"version-history":[{"count":4,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393\/revisions"}],"predecessor-version":[{"id":4260,"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/pages\/3393\/revisions\/4260"}],"wp:attachment":[{"href":"https:\/\/financial-advisory.ca\/index.php\/wp-json\/wp\/v2\/media?parent=3393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}