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
