Benefits:
Protection for a limited period of time - Benefits if you
die during the specified period of time - Cost is less than
permanent insurance - the right to convert to a permanent policy
without evidence of insurability
PARTICIPATING WHOLE LIFE INSURANCE
The potential for tax-deferred growth
without the risk of loss associated with equity markets - Protection
for a lifetime - Guaranteed Premiums - Guaranteed Cash Values ( this
amount increases over time and the growth accrues on a tax-deferred
basis) - Guaranteed, Tax-Free death benefits - Dividends (not
guaranteed) based on the overall financial results of the Canadian
Participating Fund - an investment fund dedicated to participating
policyholders.
UNIVERSAL LIFE
Universal Life policies are one type of
permanent insurance: a policy that covers you for your entire
lifetime rather than a pre-determined portion of your lifetime as in
Term Life policies.
A Universal Life policy keep the savings and the insurance
components completely separate.
Within policy limits,
you can decide how much or how little you want to pay into the
policy, or even pay a single premium to fund the entire policy.
You decide how your premium is invested, and can withdraw cash from
your policy, or borrow against it. You can adjust the premium
and the face value.A Universal Life policy allows you to
accumulate interest on a tax-advantage basis enabling you to realize
returns that may be significantly higher than those offered by
traditional savings vehicles.
(250) 390-1995 1-800-668-7558
Zulak Financial Group Ltd.
Personal
Insurance
(250) 390-1995 1-800-668-7558