At or Near Retirement

You’re over 50 years old. If you have children, they’ve probably moved out on their own or are finishing their education. You might be retired or thinking of retiring soon. The next step might be to reposition your assets to help you prepare for the future.

You’re concerned about whether your assets will provide enough liquidity to meet your needs and maintain your financial independence during retirement. Maybe you own a vacation home or you’re thinking about travelling.

Your needs may include:

• Covering a mortgage or other loans
• Supplementing your retirement income for you and your spouse
• Planning for long-term care needs in the future
• Ensuring your spouse’s lifestyle is protected
• Ensuring that taxes owing on your estate are paid, leaving your assets for your heirs
• Providing necessary resources for your grandchildren’s future
• Leaving a legacy for your heirs or favourite charity

Here’s how our permanent life insurance can help:

• Permanent life insurance puts your premiums to work for you by also providing a cash value component that you can use to help meet future financial needs or opportunities over your lifetime.
• A permanent life insurance policy is an ideal way to accumulate tax-advantaged cash value while you’re alive and helps you leave a meaningful gift, outside of your estate, to your heirs or favourite charity.
• Proceeds from a permanent life insurance policy can provide your heirs or estate with the liquidity needed to pay final taxes, capital gains and settlement costs so that you can preserve as much of your estate as possible to pass on to your heirs.