Featured Articles
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Planning Your Financial independence
Read more »: Planning Your Financial independenceTo achieve financial independence, you have to plan your financial course with care. It is not an easy task since there are no one-size-fits-all formulas that you can follow because the variables keep changing. However, there are actionable steps you can take.
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Becoming Your Own Banker Training
Read more »: Becoming Your Own Banker TrainingBecoming Your Own Banker is a financial strategy focused on your benefits not the banks benefits. A way to grow your future financial success and the potential of a dividend-paying life insurance. It’s neither a sales nor a marketing tool for whole life insurance brokers.
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Cash Flow Banking Strategy
Read more »: Cash Flow Banking StrategyWhat is Cash Flow banking? Cashflow Banking or Cash Flow Banking is a strategy used to describe a way to capture the opportunity cost on your cash flow as it moves through your life. The banking aspect refers to the way you can transactionally access this stored cash flow from the cash values of a…
Financial Education
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How Do Dividends Work?
Read more »: How Do Dividends Work?How Do Dividends Work? Did you know that certain life insurance companies in Canada pay dividends annually to their participating whole life policy owners? Since 1848, Canadians who own these contracts have been receiving annual dividends each year without interruption. Yes, even during the Spanish Flu, the great depression, 30 recessions, H1N1, SARS, the financial…
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How to Get Tax Free Death Benefit
Read more »: How to Get Tax Free Death BenefitIf retirement is on the horizon for you or a major milestone you want to achieve, set a clear goal, and plan a reward for achieving it to help motivate you. Instead of planning an age or a date focus on a financial target that will produce the quality of life you are looking for.
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Learn More About Your TFSA Contribution 2022
Read more »: Learn More About Your TFSA Contribution 2022The Tax-Free Savings Account or TFSA has become a very popular investing tool for Canadians. The good news for Canadian families is that each adult can contribute another $6000 into their TFSA accounts this year. That is $6000 in total across all accounts. Indeed, you can have multiple accounts, but you are capped to a contribution max. …
Wealth Building
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Creating A Private Family Banking Strategy
Read more »: Creating A Private Family Banking StrategyWhat is the main cause of concern among wealthy families around the world? Our research shows that families who are remarkably wealthy are keen and deeply concerned about their families’ welfare in the future. They don’t focus only on managing investments of the financial assets they…
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Cash Flow Banking Strategy
Read more »: Cash Flow Banking StrategyWhat is Cash Flow banking? Cashflow Banking or Cash Flow Banking is a strategy used to describe a way to capture the opportunity cost on your cash flow as it moves through your life. The banking aspect refers to the way you can transactionally access this stored cash flow from the cash values of a…
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The Secrets to Paid Up Additions
Read more »: The Secrets to Paid Up AdditionsIn this article, we’ll talk about paid-up additions and how it suits this often neglected, and often misunderstood, financial freedom tool known as participating dividend paying whole life insurance coverage.
Retirement Planning
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Registered Retirement Savings Plan Alternative
Read more »: Registered Retirement Savings Plan AlternativeIf retirement is on the horizon for you or a major milestone you want to achieve, set a clear goal, and plan a reward for achieving it to help motivate you. Instead of planning an age or a date focus on a financial target that will produce the quality of life you are looking for.
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OAS – Old Age Security Canada
Read more »: OAS – Old Age Security CanadaOld Age Security Canada info for 2022 Are you interested in learning what the OAS payout is for 2022? The amount you receive from this Canadian program depends on a few individual factors. Just as well, there are some strategies worth knowing to get the most from your OAS payment. Let’s break down everything your…
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Retirement Calculator Canada
Read more »: Retirement Calculator CanadaIf retirement is on the horizon for you or a major milestone you want to achieve, set a clear goal, and plan a reward for achieving it to help motivate you. Instead of planning an age or a date focus on a financial target that will produce the quality of life you are looking for.
Insurance Education
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Life insurance Canada
Read more »: Life insurance CanadaWhat is the definition of Canadian Life Insurance? Life insurance is a contract between the insurance policyholder and the company. If you pass away during the term of the contract, the insurance company promises to pay the death benefit in terms of tax free money to those you designate as beneficiaries. There are many types…
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Is Life Insurance Taxable In Canada?
Read more »: Is Life Insurance Taxable In Canada?If retirement is on the horizon for you or a major milestone you want to achieve, set a clear goal, and plan a reward for achieving it to help motivate you. Instead of planning an age or a date focus on a financial target that will produce the quality of life you are looking for.
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What is Whole Life Insurance?
Read more »: What is Whole Life Insurance?If retirement is on the horizon for you or a major milestone you want to achieve, set a clear goal and plan a reward for achieving it to help motivate you. Instead of planning an age or a date, focus on a financial target that will provide the quality of life you are looking for.
All Articles
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Borrowing money from life insurance
Read more »: Borrowing money from life insuranceBenefits of Borrowing money from life insurance The ability to borrow from a life insurance asset, called cash value, has been common knowledge for many years. However, there are many details about the advantages of borrowing from insurance that are unknown to the general public. When used intentionally, borrowing from par whole life insurance can…
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What Is Cash Surrender Value?
Read more »: What Is Cash Surrender Value?Cash surrender value is the exact amount of money you will get if you decide to cancel a permanent life insurance policy before it matures or before you pass away. Cash surrender value is an asset you own. On a permanent life insurance contract there are a number of ways…
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What is Mortgage Life Insurance
Read more »: What is Mortgage Life InsuranceWhat is Mortgage Life Insurance Mortgage lenders and banks offer consumers mortgage life insurance which is meant to clear off a family’s mortgage balance should the borrower(s) die. While this is a convenient option to consider, like anything, there are pros and cons. In the case of mortgage life insurance, the risk and absence of…
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What Is A Participating Policy?
Read more »: What Is A Participating Policy?Participating policy – What to expect. A participating policy is an insurance contract that pays dividends to the policy holder. Dividends are generated from the profits of the insurance company that sold the policy and are typically paid out on an annual basis over the life of the policy. Most policies also include a final…
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Cash Flow Banking Strategy
Read more »: Cash Flow Banking StrategyWhat is Cash Flow banking? Cashflow Banking or Cash Flow Banking is a strategy used to describe a way to capture the opportunity cost on your cash flow as it moves through your life. The banking aspect refers to the way you can transactionally access this stored cash flow from the cash values of a…
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What Is Permanent Life Insurance
Read more »: What Is Permanent Life InsuranceInsured Retirement Plans (IRPs) allow you to have your cake and eat it too. In the article, we’ll be exploring what IRPs are, how they work, plus the pros and cons of getting one. Finally, we’ll tell you what kind of individual is best suited for this strategy. Insurance can be complicated. So, before we…
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Velocity Banking
Read more »: Velocity BankingGetting out of debt can be a trying experience. Canadians have been accumulating debt at lightning speeds, and it makes sense that we would look for ways to get out of debt just as fast. Head over to the internet and search for the Hail Mary solutions late at night. Something to help…
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The Insured Retirement Planning Guide
Read more »: The Insured Retirement Planning GuideInsured retirement plan (IRPs) Insured Retirement Plans (IRPs) allow you to have your cake and eat it too. In the article, we’ll be exploring what IRPs are, how they work, plus the pros and cons of getting one.
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Retirement Planning Guide for Canadians
Read more »: Retirement Planning Guide for CanadiansInsured retirement plan (IRPs) Insured Retirement Plans (IRPs) allow you to have your cake and eat it too. In the article, we’ll be exploring what IRPs are, how they work, plus the pros and cons of getting one.
