What this insurance includes
Universal life insurance combines permanent protection with an integrated accumulation account whose growth can be tax-sheltered, within the limits of exempt policy rules.
Permanent protection
Under the contract, the death benefit can be adjusted over time based on your needs and situation. An increase may require new evidence of insurability.
Accumulation account
Amounts paid above the cost of insurance feed an integrated account whose growth can be tax-sheltered, within the limits of tax rules.
Flexible premium
You choose the amount paid each year, from the required minimum up to the maximum allowed by tax rules.
Advanced planning
A planning tool for significant estates, business leaders and some non-registered retirement strategies.
Your strategy, reviewed with you.
Alexandre reviews your situation and calls you back with a personalized recommendation. Free, no obligation.
The analysis is free. If you sign up, Alexandre is paid a commission by the insurer or product provider.
When RRSP and TFSA
are no longer enough.
High-income professionals and business leaders often reach the limits of their registered plans. Universal life can offer another tax-sheltered growth space, within the limits set by exempt policy rules.
This isn't an entry-level product. Managing the accumulation account takes regular follow-up and a solid grasp of the tax rules.
Alexandre first checks whether your situation justifies a universal policy, before proposing one. It isn't the right answer for everyone.
Explore my strategy
Who is it useful for?
The Alexandre advantage
Universal life is a complex product that requires a clear strategy. Alexandre can work with your accountant and your notary for a coherent solution.
Compare your savings options
Participating | TFSA (max) | Universal life ON THIS PAGE | |
|---|---|---|---|
| Permanent life protection | |||
| Tax-sheltered growth | Via dividends | Yes, capped | Yes, within tax limits |
| Flexible premium | N/A | ||
| Retirement strategy | Possible | Yes | Possible |
| Access to capital | Policy or bank loan | Free withdrawal | Policy or bank loan |
| Considered for high income | Sometimes | Yes | Often |
| Choose this option |
How is your
premium structured?
Several decisions influence the structure of your universal life policy. Alexandre guides you at every step.
Get my analysisHow does the payout work?
The steps for your beneficiaries.
Notify the insurer of the death with official documentation.
As soon as possibleDeath certificate, beneficiary designation, account statement.
Alexandre guides youThe insurer calculates the amount payable based on the death benefit option set in the contract.
File follow-upThe amount set in the contract is paid to beneficiaries, generally tax-free.
Outside the estate with a named beneficiaryRelated products
Frequently asked questions
What clients say
“Excellent service from start to finish. Alexandre is very professional, attentive, and takes the time to explain the different options without putting any pressure on me. I felt well-advised and confident throughout the entire process. I highly recommend AG Financial Services.”“Excellent service! Very professional, available, and attentive. The explanations were clear, and the advice was truly tailored to our needs. I recommend them without hesitation!”“I met Alex by chance. When he told me he was a financial security advisor, I made an appointment with him and he explained the different ways I could invest my money.”Reviews posted by clients on the Services Financiers AG Google listing, in French; the English text is Google's automatic translation. Every situation is different: a review does not predict the outcome of yours.