Capital Recovery: Meaning, Importance, Uses, Formula, Factors Capital recovery is a crucial concept for getting back the money you’ve put

Tax-Deferred Growth Tax-deferred growth is one of those quiet financial advantages that makes a huge difference in earnings over time.

Opportunity costOpportunity cost refers to the trade-off that comes with every decision we make in life or business. Opportunity cost

What is a policy holder?A policy holder is the individual or entity that owns an insurance contract and maintains complete

Low risk investmentLow risk investments are designed to preserve capital and provide modest returns. Low risk investments are also never

Investing in Life InsuranceInvesting in life insurance is often thought of as a safety net for families. But investing in

How Many Life Insurance Policies Can You Have?The number of life insurance policies you can have is not fixed. The

What is Max-Funded IUL?Max-funded IUL is an Indexed Universal Life (IUL) insurance policy that’s designed to do more than just

Waiver Of Premium RiderA waiver of premium rider is an extra option you can add to a life insurance plan.

Generation Wealth Building: What is it, How to build, Fastest way to, Wealth transferGeneration Wealth Building is really just about

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

Indexed universal life insurance: What is it, How does it work, Types, Benefits, Problems, Costs, Investment, Borrowing – IBC FinancialIndexed

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, PremiumsDividend-paying life insurance is a particular class of financial

Paid-Up Additions (PUAs): What are they? How does it work? Benefits, Pros and Cons, Increase cash valuePaid-Up Additions can turn

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

Whole Life Insurance: Types, Benefits, Factors, Costs, Eligibility, Requirements, Cash Value, Participating  What is whole life insurance in Canada? Whole

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

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