Plan to Meet Your Needs

Affluent and established

A professional or business owner between the ages of 35 and 55?

• One of your most valuable assets is your ability to earn an income. There’s a disability insurance plan specifically for professionals.
• Term life insurance or critical illness insurance can help cover a business loan or mortgage if you die or suffer from a critical illness or condition before it is repaid.
• If you’re thinking of passing on your business to a relative or business partner, you can use permanent life insurance, disability insurance or critical illness insurance to help fund a buyout.
• If you’re interested in passing on as much of your assets as possible to your heirs or a favourite charity when you die, consider the benefits of permanent life insurance. The death benefit will pass tax free to your beneficiaries to help them pay the taxes, capital gains or settlement costs of your estate. You can also designate a charitable organization as a beneficiary of the life insurance proceeds.