Universal Life Insurance
An effective combination of life insurance and tax-sheltered savings
Universal life insurance simplifies your financial planning while meeting both your insurance and savings needs.
Why take out universal life insurance?
- Get permanent life insurance coverage for you and your family
- Build your wealth and the legacy your loved ones will receive
- Choose investments adapted to your investor profile
- Benefit from life insurance and critical illness coverages for children for a comprehensive family-geared solution
Advantages of universal life insurance
- Flexible coverage: changes to insurance amount and changes to premium payment amount
- Access to accumulated funds (may be taxable)
- Option to add other insurance products such as term life insurance and critical illness insurance (available on the same life insured and with individual type of policy only)