InnoVision® Universal Life Insurance
Full-featured and flexible protection, Life is hectic, and your family or business requirements may keep changing. You require Life Insurance which grows and changes with you to secure your loved ones. Canadian L.I.C.Inc. presents Innovision, a fully-featured, flexible Universal Life Insurance contract you can personalize to suit your present and future requirements also your tax, wealth accumulation and estate creation goals. It is perfect if you want to
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Leave behind a legacy, i.e. a tax-free for your loved ones
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Build tax-deferred or potentially tax-free assets
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Protect the key players of your business
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Use partner/ shareholder buy-outs
Benefits
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Help in transferring wealth to your loved ones and increase the returns on investment on a tax-deferred basis.
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If you have better health and lifestyle, you reduce your expense on insurance costs.
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Opt for premiums that rise every year or pay a little extra premium for unchanged premiums.
Flexible protection you can personalize to match your requirements. Opt for a bonus choice to either get extra interest (loyalty bonus) or avail of lower management fees over investment accounts If you become disabled, avail your tax-free cash value.