Policy loans: Meaning, Taxes, Repayment, Borrowing with infinite bankingLife insurance policy loans represent one of the most versatile and accessible

Taxes on death benefits: Canada, Claims, How much, Life insurance, SurvivorWhen someone dies in Canada, different tax rules apply to

Life annuity – What is it, How does it work, Types, Benefits, Disadvantages, Good idea, Cash in Life annuities are

Estate Planning: What is it, How does it work, Importance, CostsEstate planning is a critical process that extends far beyond

Velocity banking: What is it, Does it work, Is it legit, Canada, ExpertsVelocity Banking is a financial strategy for accelerated

Is Life Insurance Taxable In Canada?Life insurance proceeds are not taxable in Canada. Death benefits from life insurance policies given

Insured Retirement Plan: Meaning, Process, Types, Pros, Cons, Costs, Tax Advantages in CanadaInsured Retirement Plans pair permanent life insurance with

What is indexed universal life insurance (IUL)?Indexed universal life insurance (IUL) is your permanent life insurance policy. Indexed universal life

What is a Contingent Beneficiary?A contingent beneficiary is a person designated to receive benefits if the primary beneficiary cannot claim them.

Corporate-Owned Life Insurance (COLI): Process, Types, Benefits, AdvantagesCorporate-Owned Life Insurance or COLI, is a type of life insurance policy a

What is the Succession planning process?The Succession planning process aims to help you smoothly pass on the leadership key positions.

Why is Personal Finance Important?Personal finance is important because it contributes to people achieving financial security and long-term wealth. Personal

What are the fees for a Wealth Manager?The fees for a  wealth manager vary in the form of fees and

Money multiplier – Meaning, How does it work, Process, Calculation, Formula, Reverse ratio, LimitationsThe money multiplier is the ratio of

Dividend paying life insurance: Meaning, How does it work, Benefits, Cons, Premiums Dividend-paying life insurance is a particular class of

Paid-Up Additions (PUAs): What are they? How does it work? Benefits, Pros and Cons, Increase cash value/h1>At IBC Financial, we

Borrowing money from life insurance: Types, Benefits, Risks, ProcessThe key to Borrowing money from life insurance, specifically permanent policies that

Participating life insurance: What Is It? Process, Types, Benefits, Dividends What is Participating Life Insurance? Participatory life insurance is a

Nelson Nash: Author, Books, Institute, SeminarR. Nelson Nash, the man behind the Infinite Banking Concept, was truly brilliant. Nelson Nash

Cash surrender value: Meaning, Types, Life Insurance, Surrendered, Taxes Cash surrender value represents the accumulated cash value balance within permanent