Ways to protect you and your business |
Businesses buy insurance for a number of reasons. In the case of businesses, these needs may include:
- Funding a future capital gains tax on the shares of the corporation at death of the owner;
- Funding a buy-sell agreement at the death of one of the
co-owners of the business;
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- Key person coverage; or
- Long-term debt retirement coverage in the event of the death of an owner/key person.
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Another important reason for purchasing this type of insurance may be to build a pool of tax exempt capital to:
- Finance a living buyout of shares by a co-owner
- Provide a supplemental retirement income to the business owner
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Do I really need guaranteed values and tax-advantaged growth? |
Participating life insurance is, first and foremost, life insurance. However, the investment performance
of the participating account is an important component in the long-term value of your policy. |
Foundation of guaranteed values
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Guaranteed premiums
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Guaranteed death benefit
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Guaranteed cash value
Tax-advantaged growth
Cash value grows on a tax-advantaged basis.
Strength of London Life’s participating account
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Largest participating account in Canada;
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Long track record of stable investment returns
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Strong history of dividend payments.
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Choices to match your needs
- Fund your policy in 20 years or pay
premiums to age 65 or age 100.
- Use your policyowner dividends to buy
more insurance, reduce premiums or take
a Premium Vacation™.
- Access your cash value through
policy loans.
- Select from a wide range of riders
and benefits.
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For a more comprehensive guide to the value, strength and choices provided by participating life insurance please click here.
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