Has Purchasing Life Insurance Changed Since 2020?

During this stressful and challenging time, many are wondering what effect COVID-19 could have on their life insurance. Some may be worried that the insurance companies would make changes to their existing policy due to coronavirus concerns, resulting in an increase in their premiums or a restriction to their coverage. It should be reassuring to all that insurance companies are generally not able to change the contractual provisions of the insurance policies that are in force.

This does not mean, however, that future products will not be changed to protect the insurer against unforeseen events, or that the insurance companies are doing business as usual. It is possible that they could make changes to their future products as a result of their experience with COVID-19, but these changes are not likely to be immediate.

Insurance companies rely on actuarial (mortality) tables to price their products. Once this world crisis is over and all the data is processed, there is a possibility that actuarial tables might have to be amended which would necessitate an increase in premiums. This may take some time, but if you consider that the cost of life insurance is going up each year as you get older, one thing is certain, life insurance will cost more in the future.

It may bring comfort to know that in Canada, life insurance companies are required by the Office of the Superintendent of Financial Institutions (OSFI) to run a pandemic scenario each year. It is assumed that pandemics will occur once every 100 years. Considering the last major global pandemic was the Spanish Flu ending in 1919, the modeling would appear to be accurate. As a result of the testing, life companies are adequately reserved for pandemics and since it is already built into the pricing, unlikely to increase premiums solely due to COVID-19.

The immediate challenge in obtaining new life, disability and critical illness protection could be in the area of underwriting – the process of assessing and approving the insured for coverage.

Life Insurance Companies Prefer to Deal with Certainty

While COVID-19 might be like other viruses, it is new and unique. “We just don’t know” is how many medical professionals preface their reply to many questions about this virus. Some have suggested that even after recovering from COVID-19 there might be some delayed impact on your future health.

Going forward, insurance companies may amend some of the questions on their life applications dealing with medical history. This could have a significant effect on disability insurance or critical illness applications. It is possible that we may see an increase in policies issued with exclusions as well as an increase in cost.

Applying for New Coverage Today

Applying for Life Insurance got easier since 2020. Life insurance companies require satisfactory medical evidence in order to issue a life policy at standard rates. This usually involves a paramedical exam (including blood and urine tests) and possibly a report from any doctor who has treated the applicant.

During the height of the Covid pandemic the major providers of paramedical examination services suspended the face-to-face examination which also meant no opportunity to obtain blood or urine tests on the proposed insured.

Fortunately, many life providers increased the amounts of coverage that could be purchased without having to be examined or provide bodily fluids. The insurance company reserves the right to ask for additional information and requirements, but for many applications, a telephone interview was all that was necessary.

Even though social distancing restrictions have been reduced or eliminated most insurance companies have kept their Covid-19 underwriting protocols in place resulting in a less invasive application procedure.

Concerns With International Travel

Life insurance companies require an applicant to disclose any recent or imminent international travel to a country which might be listed on the Canadian government travel advisory site. This would include countries with a continuing or recent outbreak of Covid or other communicable diseases. If you are applying for life insurance and you have visited any of these countries in the past 30 days your application is likely to be postponed for a minimum of one month. If you are planning to visit one of the countries on the travel advisory list, it is possible that your application would be postponed until 30 days after your return.

What Else Could Happen?

Possibly insurers could build into their future policies provisions that would protect them from unexpected or unusual losses. Hopefully, this will not happen, but at this point, nothing is certain.

Should You Buy Extra Life Insurance Now or Wait?

Many people are feeling more financially vulnerable right now and want to make sure they have adequate protection for their families. The bottom line is, if you have been considering increasing the amount of your life insurance coverage don’t let the immediate challenges stop you.

Reach out if you have any questions. As always, please feel free to share this information with anyone you think would find it of interest.

Now May Be a Good Time to Review your Estate Plan

Prior to the pandemic, the projected deficit for 2020 was estimated to be $20 billion. As a result of Covid-19, the actual deficit in Canada rose to over $300 billion. In 2022, due to pandemic emergency spending being eased the deficit has fallen significantly BUT still sits at almost $100 billion.

Covid-19 and its affects are influencing the way we plan for our future. During the period of lockdown and self-isolation, many people put a great deal of thought as to how to keep themselves and their families safe – not only physically but financially as well.

For some, this meant finally looking at the recommendations they had been considering about their life, critical illness, and disability coverage. For others it became a time to reassess their investment, retirement and savings plans, as we all know the results uncertainty can have on equity markets.

Then, there are the potential long-term consequences that this pandemic may have on estate planning and its primary objective of reducing the impact of taxes during life and at death.

As the national deficit has soared, the logical question remains: where is the money going to come from to help cover this? While the government may be loath to raise taxes, and politically that is something it might wish to avoid, there is no question that increased tax revenues are probably necessary.

For the past year or so, financial pundits have predicted that there may be an increase in the inclusion rate for taxation on capital gains. When the tax on Capital Gains was first introduced in 1972, the inclusion rate was 50%, meaning that amount of the capital gain would be taxed.

Over the years since, the inclusion rate fluctuated from this rate to 66 2/3% and 75%. It was lowered again in October 2000 to the current 50%. With the top personal marginal rate in Canada averaging approximately 50%, this results in the tax payable on a capital gain (realized or deemed at death) to be 25%. It is highly likely, that inclusion rate will be increased soon to help increase tax revenues to combat the huge deficit by which the country is now burdened.

If it increases to 75% (as it was from 1990 to 2000) the effective rate of tax on a capital gain will increase to 37.5%. This assumes that the top marginal income tax rate does not increase and if that is not the case the effective rate would be even higher. This will have a significant impact on the future cost of settling an estate due to the deemed disposition of all assets on death.

There are other steps the government could take to increase tax revenue. The purpose of this article, however, is not to monger fear nor is it to give the government ideas, it is more to alert you to the possibility that taxes will be going up in one form or another.

Why is this important?

It has long been an accepted strategy to provide sufficient estate liquidity to pay taxes due at death from the proceeds of a life insurance policy. In Canada we are fortunate to have permanent life insurance policies that insure an individual for their entire life with a premium that is guaranteed not to increase. It is feasible to be able to use these policies in an effective estate plan.

How will these products be priced in the future?

When pricing the product, life insurance company actuaries, pay particular attention to the prevailing long-term interest rate. For some time now, the long-term interest rate has been extremely low. This resulted in steadily increasing premium costs for permanent life insurance coverage.

Although recent economic circumstances have necessitated the Bank of Canada to increase interest rates, there is great uncertainty as to what impact the large amount of the deficit will have on long term rates.

So far, Canadian life insurance companies have not rushed to lower their premiums as a result of the increases in long term interest rates and it remains to be seen if they will. When the economy stabilizes and the government, under the pressure of the deficit, reduces the cost of its borrowing, low long term interest rates may once again be the norm, potentially increasing the cost of new life insurance.

Other factors that will increase premiums:

  • Aging. Life insurance gets more expensive as you get older.

  • Possible changes in underwriting guidelines could result in higher costs for some individuals.

  • There are also life insurance industry accounting changes coming soon which could result in an increase in the pricing of permanent insurance policies.

How should you prepare?

It is highly probable that taxes, especially taxes on settling an estate, will increase. Combined with the possibility that the cost of new life insurance policies may also increase, now, is a good time to be reviewing your estate planning needs.

As always, please feel free to share this article with anyone you think would find it of interest.

Shielding Your Family From Your Creditors With Life Insurance

Naming a beneficiary of a life insurance policy provides a significant benefit in planning and protecting one’s estate.  With a named beneficiary, the death benefit is paid directly to the beneficiary and is received tax-free. It bypasses the policyowner’s estate and is not subject to probate or any other administrative fees.  

Creditor Protection at Time of Death

Under provincial life insurance legislation* when a beneficiary is named, creditor proof status is conferred upon the insurance proceeds protecting them from the claims of the policyowner’s creditors.  This won’t apply, however, if the owner of the insurance policy is a corporation.

It should be noted that it is the owner of the policy, not the beneficiary who receives the creditor protection. Once a beneficiary receives the insurance proceeds, those funds are not protected by claims from the beneficiary’s creditors.  

If the beneficiary designation is done before the owner of the policy becomes insolvent or the creditors commence action the policy is protected. The creditors of the policyowner cannot make a claim against the policy proceeds.

One exception to this could be an action brought by a dependent for whom adequate provisions were not made.

Creditor Protection While the Insured is Living

Many life insurance policies have an accumulating cash value or investment account attached to them.   These could include annuities and segregated funds which are primarily investment vehicles.  

So how does creditor protection during the insured’s or owner’s lifetime work?  

Creditor proofing will exist if the type of beneficiary named in the policy is one of the following:

  1. An Irrevocable Beneficiary – while the beneficiary is alive, the owner of the policy cannot change beneficiary or make any material changes to the policy without the Irrevocable Beneficiary’s consent.

  2. A beneficiary named from the preferred class – when a beneficiary is a spouse, child, grandchild or parent, the life insurance contract (including segregated funds) is “exempt from execution or seizure”.

When does a policy not have creditor protection?

There is no creditor protection if the owner is the beneficiary of a policy. For example, if a husband owns a policy on his wife of which he is beneficiary, the cash value of that policy may not be protected from creditors.

If creditor proofing of the cash value of a policy is important, it is best not to have the owner also be the beneficiary.

Contingent Beneficiaries

When naming a beneficiary, it is recommended that a contingent beneficiary or beneficiaries be named.  This will avoid having any future proceeds payable to the estate and exposed to creditor claims should the current beneficiary die.

Cautions and Concerns

Generally, if a life insurance policy was purchased for specific needs, and not in an attempt to avoid creditors, the creditor proof nature of life insurance is strongly protected by law.

However, several recent court cases and legal actions appear to have eroded some of the protection previously afforded in this area.  These actions include;

  • claims of dependents

  • collection efforts of the Canada Revenue Agency

  • property claims resulting from marriage breakdown  

The good news is, for the most part, creditor proofing still works the way it was intended.  With proper planning and advice, life insurance and segregated fund contracts can provide a shield from creditors and potential litigants, giving peace of mind and financial protection to you and your family.

Group Life Insurance – Only Part of The Solution

Ownership of individual life insurance at its lowest level in 30 years

The Life Insurance and Market Research Association (LIMRA) 2013 study shines a light on a developing problem for Canadian households:

  • Individual ownership of Life Insurance was at its lowest level in 30 years;

  • 3 in 10 households did not have individual life insurance at all.

Why Group Life Insurance may not be all that you need

If your goal is to replace income for your family for more than 2 years, you may want to add an individual policy to your group insurance coverage.

According to the same LIMRA study, on average, households with only group coverage can replace the household’s income for less than 2 years. Households with both group and personal life coverage can replace income for more than 5 years.

While group life insurance provided by an employer is a valuable benefit, it does have limitations when used as the only source for life insurance protection. Some of the reasons group insurance should not be relied on solely for family life insurance include:

  • Group Insurance is not totally portable: If you leave your job, your group life insurance typically does not go with you. While it is true that some of your group benefits may be converted to an individual plan when you leave, the plans available for conversion for life insurance are often extremely expensive and are quite limited. Given that a recent Financial Post survey reports that only 30% of respondents stayed in their jobs for more than four years, this could be problematic. Having additional personal coverage offers a safety net if you find yourself between jobs.

  • Group Life Insurance coverage is often inadequate: Most employee benefit plans provide group life insurance as a multiple of earnings up to a maximum. A common schedule is two times salary and the maximum may leave you underinsured.

  • Renewal of Group Insurance is not guaranteed: It is important to be aware that the contract to provide employee benefits is one between the employer and the insurance company. The employee has little or no control. The coverage may be cancelled by either the company or the insurer. Another concern is that future premiums may not be guaranteed.

  • Group insurance is not flexible for planning: While group coverage is usually a low cost source of life insurance, it should be looked upon as a top-up to personally held life insurance which provides the necessary protection. Proper financial planning will determine how much coverage is required to protect your beneficiaries in the event of your death.

5 reasons why consumers don’t act

The LIMRA study also lists five difficulties that consumers have when making decisions about their family protection options.

  • Difficulty in understanding policy details;

  • Are unfamiliar with life insurance;

  • Difficulty in deciding how much to buy;

  • Uncertain about what type of life insurance to buy;

  • Worried about making the wrong decision.

Contact me if you are one of the many Canadians who would benefit from a review of your options to determine if you have an adequate mix in your insurance portfolio. As always, please feel free to use the sharing buttons to forward this information to anyone you may think would find this of interest.

Copyright @ 2018 FSB – All Rights Reserved

Is it Time for Your Insurance Audit?

Has it been awhile since you last looked at your insurance portfolio?

Are you a little vague in your recollection of all the coverage you have and why you have it?

Are you uncertain as to whether or not your portfolio reflects your current situation?

Just like going to the dentist for regular checkups is a necessary evil, reviewing your financial plan and products on a regular basis is also recommended. Circumstances can change over time and making sure your protection is keeping pace is a worthwhile exercise.

A comprehensive audit should review the following:

Is the total death benefit of your life insurance appropriate to your needs? A current capital needs analysis can help to determine this.

If your current coverage is renewable term insurance should the policy be re-written before it renews at a substantial increase? Premiums for new coverage can be significantly lower than the renewal premium of an existing policy.

Is your need for life insurance permanent? If that is the case, you should ensure you have at least some of your needs covered by a permanent plan.

Are you nearing the end of the conversion period on your term policy? If yes, this may be the time to consider converting to permanent insurance.

Is your disability protection in place consistent with your current income? If you have changed jobs does new group coverage impact your personal plan?

Are the beneficiary designations still valid for your current situation? Has there been a re-marriage that may require changing the beneficiary or ownership of the current policy?

In addition, the following are important to note:

  • If your policy is a Universal Life policy with cash value are the investment options still appropriate to market conditions and/or your risk tolerance?

  • If the policy is a Whole Life policy are the dividends adequate to now fund the premium should you wish to take a premium holiday?

  • If your policy was assigned to a lender as collateral for a loan and that loan has been repaid make sure the assignment has been removed.

Does your existing policy qualify for a reduction in premium?

  • If you have you stopped smoking you may qualify to have the premiums reduced to those of a non-smoker.

  • If your policy was issued with a substandard extra premium and your health has improved you may qualify to have the rating removed.

  • If your policy was rated as a result of participation in hazardous activities, e.g. flying, mountain climbing, heli-skiing this rating can be removed if you no longer are active in these activities.

If the current policy is for business purposes the following should also be reviewed:

  • If the policy was to fund a Shareholders’ Agreement or Partnership Agreement, does the amount and type of coverage still satisfy the terms of the agreement?

  • Are the ownership and beneficiary provisions of the policy still valid for Capital Dividend Account planning?

Reviewing your coverage on a regular basis is recommended. Connect with me if you think it would be beneficial to arrange a time to do an Insurance Audit. As always, please feel free to share this information with anyone that may find it of interest.

Copyright © 2020 FSB Content Marketing – All Rights Reserved

Estate Planning for Blended Families

Avoid Disinheriting Your Children

In today’s family, it is not unusual for spouses to enter a marriage with children from previous relationships. Parents work hard at getting these children to functionally blend together to create a happy family environment. Often overlooked is what happens on the death of one of the parents. In most cases, special consideration for estate planning is needed to avoid relationship loss and possibly legal action.

Typically spouses leave everything to each other and when the surviving spouse dies, the remainder is divided amongst the children. The problem? Even with the best of intentions, there is no guarantee that the surviving spouse will not remarry and inadvertently disinherit the deceased’s children.

6 Estate Planning Considerations for Blended Families

The Family Home

  • In the situation of the family home being owned by one parent prior to the marriage, the other spouse may consider purchasing an interest in the family home. In this situation, consider owning the home as tenants-in-common to allow for each spouse to manage their interest in the home separately.

  • Provisions can be made in the will for the surviving spouse to remain in the home until the time of their choosing (or death) before passing on the interest to their respective children.

Registered Retirement Savings Plans

  • To take advantage of the tax-free rollover from their RRSPs each spouse should consider naming each other as beneficiary. If there are no additional investments or assets to pass on to the children, consider using life insurance as the least costly way to provide a legacy for the children.

Other Assets and Investments

  • If each parent has other assets or investments that could provide income in the event of death, a qualifying spousal testamentary trust could direct that the surviving spouse receives all the income from the trust with the possibility of making encroachments on the capital for specific needs. Upon the surviving spouse’s death, the remaining trust assets will be distributed to the appropriate children.

Choose a Trustee Carefully

With trusts being vital to effective estate planning, careful consideration has to be given as to whom will be a trustee. For blended families, children of one parent may not be comfortable with the choice of the trustee for their inheritance. Some situations may call for multiple trustees or perhaps the services of a trust company.

Although effective, using testamentary trusts might result in some children not receiving their inheritance until the death of their step-parent. Life insurance may be the ideal solution. Proceeds from life insurance will guarantee that the children will be taken care of upon the death of their parent.

Advantages of Life Insurance for Blended Family Planning:

  • Can be an effective way to create a fair division of assets when one spouse enters the marriage with significantly more wealth;

  • Death benefit is tax-free and could be creditor and litigation proof;

  • Ability to name contingent owners and beneficiaries (including testamentary trusts);

  • Death benefit could be used to create a life estate under a testamentary trust, providing income to a surviving spouse with the capital going to the appropriate children at the surviving spouse’s death;

  • With a named beneficiary proceeds pass outside of the will so cannot be challenged under any wills variation action;

  • Provides for a significant measure of control and certainty as to when and where the proceeds will end up.

The Elephant in the Room

It is important to remember that whatever planning options are used, total and open communication within the family is essential to maintain family harmony and ensure everyone is aware of the state of affairs. Full discussion will avoid misunderstandings and reduce uncertainty as to what the future may hold for everyone in the family.

Planning for blended families should involve professional advice in creating solutions that satisfy the objectives of both spouses and their respective children. Call me if you require help in this area or as always, please feel free to share this article with anyone you think would find it of interest.

Copyright @ 2021 FSB – All Rights Reserved

A Lifetime Gift for Your Grandchildren The Cascading Life Insurance Strategy

If you are a grandparent wishing to provide an asset for your grandchildren without compromising your own financial security, you may want to consider an estate planning application known as Cascading Life Insurance.

How does the Cascading Life Insurance Strategy work?

  • The grandparent would purchase an insurance policy on his or her grandchild and funds the policy to create significant cash value;

  • The grandparent would own the policy and name the parent of the grandchild as contingent owner and primary beneficiary;

  • The cost of life insurance is lowest at younger ages, maximizing the tax-deferred growth of the cash value in the policy;

What are the benefits of the Cascading Life Insurance Strategy?

  • Tax-deferred or tax-free accumulation of wealth;

  • Generational transfer of wealth with no income tax consequences;

  • Avoids probate fees;

  • Protection against claims of creditors;

  • Provides a significant legacy;

  • Access the cash value to pay child’s expenses such as education costs. (Withdrawal of cash value may have tax consequences);

  • It’s a cost-effective way for grandparents to provide a significant legacy.

The grandchild, he or she ultimately receives a gift that will provide significant benefits:

  • A growing cash value that can never decline;

  • Access to borrow from the policy for education, down payment on a home, or to invest in a business;

  • The policy could also provide an annual income by changing the dividend option to cash;

  • Life insurance which continues to grow in death benefit to protect his or her future family.

Case Study

Let’s look at an example of this strategy. Grandpa Brian is 65 and has funds put aside for the benefit of his grandson, Ian.

  • Grandpa Brian purchases a 20 Pay Participating Whole Life policy on Ian, age 11, for an annual deposit of $5,000;

  • Brian’s daughter, Kelly is named as contingent owner in the event of Grandpa Brian’s death and beneficiary in the event of Ian’s death;

  • At Ian’s age 31, the policy becomes paid up with no future premiums.

If Grandpa Brian were to die at age 85 the following could happen:

  • The ownership of the policy now passes to Ian’s mom Kelly;

  • The cash value of the policy (at current dividend assumptions) would be $ 132,261 and the death benefit of the policy would be $668,285;

  • Kelly has a choice to remain the owner of the policy or transfer the ownership to her 31-year-old son without any tax consequences.

Because of Grandpa Brian’s legacy planning, Grandchild Ian, now age 31, has a significant insurance estate that will continue to grow with no further premiums! By Ian’s age 45, the death benefit, at the current dividend scale, would be $995,637 with a cash value of 302,277.

Please call me if you think your family would benefit from this strategy or share this article with a friend or family member you think may find this information of value.

Note – The numbers shown in the Case Study are using Equitable Life’s Estate Builder 20 Pay Participating Whole Life policy with maximum Excelerator Deposit Option.

Copyright © 2021 FSB Content Marketing Inc – All Rights Reserved

1 in 3 Canadians Will Become Disabled Before the Age of 65

What you need to know about your Group Long Term Disability

Having a source to replace your earned income in the event of an illness or accident is vital considering that on average, 1 in 3 Canadians will become disabled for a period of more than 90 days at least once before the age of 65.  For those that are disabled for more than 90 days the average length of that disability is 2.9 years.

If you are one of the approximately 10 million Canadians covered under a group Long Term Disability plan (LTD) it’s important to understand what your coverage provides. Don’t wait until after you’re disabled to read the employee handbook because you could have a few surprises!

How much coverage do I really have?

  • Generally, employee benefit LTD plans are designed to replace up to 85% of your pre-disability after-tax income.

  • The amount of your benefit is determined by a formula. These formulas vary so it’s a good idea to know what yours is.

When do I start getting benefits?

  • Usually, you are eligible for benefits to commence after being disabled for a period of 90 or 120 days.

Is this benefit taxable to me?

If the LTD premium is paid by you personally then the benefit will be received tax-free.

  • In groups where the employer pays the LTD premium, then the benefit when received will be taxable. Should this be the case, make sure you discuss with your employer or insurer what your options are for having tax withheld if disabled so there won’t be any unpleasant surprises come tax time!

What else do I need to know when I enroll in an LTD plan?

  • Pay attention to the Non-Evidence Maximum (NEM).  This is the maximum amount of disability benefit you would be entitled to without providing medical evidence.  You may be eligible to receive higher coverage if you take a medical examination.

  • You should also be aware that LTD benefits are usually offset (reduced), by any disability benefits you may receive from CPP/QPP or Workmen’s Compensation.

  • Any benefits paid as a result of an accident from an automobile insurance plan could also reduce your LTD benefits.

  • Most group plans have a waiting period, usually three to six months, before a new employee is eligible to join the plan.

  • If you were formerly a member of a plan at another employer, request that your new employer waives the waiting period.

  • If you’re an employee who was actively recruited or is considered a valuable addition, you should also make this request.

Are there other options?

  • All of the above could certainly result in you receiving less disability income than you thought you were entitled to.  If this is the case, consider purchasing an individual disability policy to “top up” your coverage.

  • The good news here is that most Group LTD plans do not offset against personal disability income policies.

Please call me if you would like to discuss your own situation or feel free to share this article using the sharing buttons with a friend or family member you think might find this information of value.

Source: CLHIA

Copyright @ 2020 FSB Content Marketing – All Rights Reserved

Get Your Corporate Dollars Doing Double Duty

Owners of very successful private corporations are well aware of the importance of cash flow.  Many are protective of how they allocate corporate capital so that business ventures are adequately funded and investment opportunities are not missed.  

The Immediate Financing Arrangement offers an opportunity to provide life insurance coverage and accumulate wealth on a tax-advantaged basis without impairing corporate cash flow.

What is an Immediate Financing Arrangement (IFA)?

An IFA is a financial and estate planning strategy that:

  • Combines permanent, cash value life insurance with a conservative leverage program allowing the dollars allocated to the life insurance premiums to do double duty by still being available for business and investment purposes;

  • In the right circumstances and when structured properly so that all possible tax deductions are used, an improvement in cash flow could result.

Who should consider this strategy?

IFA`s are not for everyone. For those situations that best match the necessary criteria, however, significant results can be achieved. The best candidates for an IFA usually are:

  • Successful, affluent individuals who are active investors or owners of thriving privately held corporations who require permanent life insurance protection;

  • Of good health, non-smokers, and preferably under age 60;

  • Enjoying a steady cash flow exceeding lifestyle requirements;

  • Paying income tax at the highest rate and will continue to do so throughout their life.

How does it work?

  • An individual or company purchases a cash value permanent life insurance policy and contributes allowable maximum premiums;

  • The policy is assigned to a bank as collateral for a line of credit;

  • The business or individual uses the loan advances to replace cash used for insurance purchase and re-invests in business operations or to make investments to produce income.  This is done annually;

  • The borrower pays interest only and can borrow back the interest at year end;

  • At the insured’s death the proceeds of the life insurance policy retire the outstanding line of credit with the balance going to the insured’s beneficiary;

  • If corporately owned, up to the entire amount of the life insurance death benefit is available for Capital Dividend Account purposes.

Proper planning and execution is essential for the Immediate Financing Arrangement. However, if you fit the appropriate profile, you could benefit substantially from this strategy.

If you wish to investigate this strategy and whether it can be of benefit to you, please contact me and I would be happy to discuss this with you. As always, please feel free to share this article using the sharing buttons.

Copyright @ 2018 FSB – All Rights Reserved


Why you should buy mortgage insurance through your life insurance advisor