Universal life
insurance.

Participating has a fixed premium and growth tied to the dividends of the insurer's participating fund - more predictable, ideal for estate. Universal has a flexible premium and an investment account you manage based on your fund choices - more control, but also more complexity. Alexandre helps you choose based on your goals.

No, as long as the policy meets the tax rules of an exempt policy under the Income Tax Act. Growth inside the policy isn't taxed annually. On death, the capital is paid to the beneficiaries tax-free.

A partial withdrawal may trigger tax. The preferred strategy is a loan secured against the cash value - you receive funds without triggering tax. This technique is called 'collateral bank lending' and Alexandre explains it in detail.

There's a minimum (the cost of pure protection) and a maximum (defined by tax rules to maintain exempt status). Between the two, you choose. The most common strategy for high earners is to maximize payments to feed the investment account.

No. It's a product designed for more complex financial situations - high income, RRSP and TFSA already maxed out, corporate strategies, advanced estate planning. For the vast majority of families, term or participating is better suited. Alexandre guides you honestly toward the appropriate solution.

Yes. Corporate ownership of a universal life policy is a strategy used by leaders whose businesses generate significant profits. It protects the leader while accumulating assets in the company at a favorable tax rate. Alexandre works with your accountant to optimize the structure.

The account follows the performance of the chosen funds - a drop is possible. If the value becomes insufficient to cover the cost of insurance, an extra premium may be required. Alexandre reviews your policy regularly to avoid this.

Yes, most universal policies let you reallocate your funds based on your risk tolerance and time horizon. Alexandre reviews these choices with you at each annual follow-up.