Corporate Insured TFSA

Corporate Insured TFSA​

"The Opportunity for Small Businesses and Professional Corporations with growing Retained Earnings."

Business owners who need Life Insurance to…

  • Capitalize on the Capital Dividend Account (CDA) to receive potentially tax-free dividends
  • Fund a buy-sell agreement between partners of the company
  • Cover the loss of a key employee such as an individual with a special skill
  • Secure a loan that will only be granted if there is life insurance on the business owner
  • Fund a capital gains liability that results from the distribution of a shareholder’s interest in the company to his/her designated beneficiaries
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Using Whole Life or Universal Life, once a sizeable Cash Value has accumulated, a Collateralization may be established to…

Access a source of cash for income or emergencies

Provide a source of tax-advantaged supplemental retirement income for key employees and owners

Seek out new business opportunities

Expand their businesses or pay for other operational expenses