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Canada does not have a formal estate tax, but the deemed disposition system can still create substantial tax bills at death. High-net-worth families often face liquidity challenges when RRSPs, investments, and real estate are taxed all at once. Learn how whole life insurance helps cover estate taxes and preserve generational wealth without selling family assets.
Whole life insurance illustrations show how your policy’s cash value and death benefit may grow over time. Understanding guaranteed vs non-guaranteed values, dividend assumptions through whole life illustrations, is helpful in choosing the right policy in Canada.
Paid‑up additions let you add coverage using your dividends in a whole life policy. They can increase policy value through a higher death benefit and cash value.
Discover how corporate-owned life insurance can help your business manage risk, enhance liquidity, and build tax-deferred corporate wealth in Canada.
Surrendering a whole life insurance policy means giving up lifelong coverage for its cash surrender value. Learn how fees, and taxes reduce your payout. Explore alternatives for accessing funds while keeping your policy active.
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