Universal Life All of us want to build a secure financial future. And many Canadians take steps to protect that future through insurance, savings and investments. Universal Life combines the benefits of lifetime insurance protection and tax-deferred investment growth in one simple and convenient plan. It gives you the life insurance protection you need now and in the future. At the same time, you have the potential to build substantial assets over time. A powerful and flexible solution Universal Life also gives you complete flexibility - to change the policy as your needs change - even to access the cash values built up in the plan for retirement or special financial needs. Tax-deferred and estate planning advantages make Universal Life a simple, powerful way to help you and your family make the most of your assets; to build a sound and secure financial future. A range of investment options Universal Life offers a wide range of investment options to match your investment goals and your level of risk-tolerance. Choose investments that offer you guaranteed rates of return or others linked to the performance of market indices. These market-indexed investments are not mutual funds, which would be subject to taxation on realized income, but are deposits enjoying tax-deferred growth in a tax-exempt insurance policy. However, like mutual funds, market-indexed investments enjoy the effect of enhanced diversification and potentially greater returns. Plus, Universal Life has enhanced long-term returns with an additional interest bonus each year. Here's how it works: When you make a premium payment into a Universal Life policy, that payment, less premium tax, is applied to the investment account of your plan. The cost of insurance and an administration charge are deducted monthly from your account while the balance grows. While premiums are not tax-deductible, investment growth held in the policy is not taxed and the death benefit (including investment growth) is paid tax-free to your beneficiary. More choice. More flexibility. More reasons to choose Universal Life. Superior cash value potential Lower cost of insurance Lifetime premiums or limited pay - flexible amounts, lump sum payments Investment bonus Choice of guaranteed rate and market-indexed investment options Level, increasing or optimizing death benefit with optional coverage enhancements Access to tax-free benefits in the event of a serious mental or physical impairment With its many options and features, Universal Life Polices will provide you with the freedom to custom design your policy to suit your personal insurance and investment needs. Talk to us about your future, call our licensed and experiences Insurance Specialist. Who, at no obligation, will review your personal circumstances with you and recommend appropriate coverage. Call:( 416) 697 4723 Monday to Friday 9am to 10pm ET <<Back to Life Insurance

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