Life insurance is most commonly used to protect against the financial impact that can be caused by the untimely death of the person insured. Typically, life insurance is available as either permanent or term coverage. In addition to traditional life insurance plans, policies are now available with an investment component, allowing you to implement advanced tax, investment and estate planning concepts.
For business owners, life insurance can be structured to provide funding for a number of possible situations, including partnership buy-sell arrangements, business loan repayment and key person protection.
Talk to one of our licensed advisors about which product is most suitable to your needs.