PERSONAL INSURANCE



Success is not the key to happiness.  Happiness is the key to success.  If you love what you are doing, you will be successful."
Albert Schweitzer

 TERM LIFE INSURANCE

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

third party information

 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.