Plus, product launches from Manulife, Picton Mahoney and LongPoint
Permanent insurance also has a host of other tax benefits
Boomers are using permanent life insurance to leave a multigenerational legacy
Two new products were unveiled on Monday
Details from the tax folio on advantages
Permanent life insurance can be good value for wealthy clients who can afford the upfront costs
While tax exemptions that apply to some permanent life insurance policies will be tightened up next year, advisors insist insurance will remain a valuable tax-planning tool: "It's just going to be a new reality"
In the second part of a two-part video series, “The perils of permanent life,” Jim Ruta, president, AdvisorCraft Media and Consulting, continues his top 10 list of the perils clients may face if permanent insurance is sold the wrong way.
In the first part of a two-part video series, “The perils of permanent life,” Jim Ruta, president, AdvisorCraft Media and Consulting, shares part one of his top 10 list of the perils of selling permanent life insurance the wrong way.
The features of permanent insurance may make it worth the higher cost