Permanent life insurance: A tax efficient tool used by many affluent families
When we are young, life insurance is used to protect our family by providing money to replace our income.
The unexpected can impact your financial plan. Having the proper policies in place, like life, critical illness or disability insurance are important to protecting you and your family from an unforeseen loss of income or from unplanned expenses.
Safeguard your home, vacation property, business shares and investments with the right insurance. It also delivers more than just protection, it is also an opportunity to accumulate additional savings or to leave more of your wealth, tax-free, to the people or causes you care most about.
A life annuity could provide a guaranteed foundation for your retirement income, making retirement planning much more straightforward.