When you assign your policy to a registered Canadian charity and make them the beneficiary, you can receive tax credits for the policy’s value and the premiums you pay.
Related Articles
How does life insurance protect my family’s future?
Life insurance is a powerful tool for financial security. It provides a guaranteed payout to your loved ones when you pass away, helping them cover
How does life insurance protect my family’s future? Keep Reading
Is the life insurance payout tax-free?
In almost every case, yes! The money your loved ones receive from your life insurance is tax-free. There are a few rare exceptions (like a
Is the life insurance payout tax-free? Keep Reading
Can my business own my life insurance?
Yes, it can! There are a few different ways to set it up, depending on your company’s needs. We’re happy to help you figure out
Can my business own my life insurance? Keep Reading
Can my Business be the beneficiary?
Absolutely! Life insurance isn’t just for individuals – it’s a valuable tool for businesses too. It can provide financial security and help your company weather
Can my Business be the beneficiary? Keep Reading
Get Started
You already know what you need and the product that fits that need. Now let’s compare Canada’s top insurers.
Get your Easy QuoteLets go!