Thank you for doing business with Canada Life. Here’s the latest issue of the eBulletin from Canada Life with information to help you in your business with us.
In this week’s issue:
Individual Insurance
1. Your cottage and capital tax gains
New tax and planning article available on RepNet under Products & tools > Estate & tax planning >
· Your estate and heirs may not be prepared for resulting tax liability which may erode the value of your estate or potentially require sale of your cottage.
· A life insurance policy on your life may provide solution to this problem by providing the fund to the estate / heirs that may be used to pay tax liability.
2. Insurance operations update
· Banking information guide updated and should replace the version that was posted in January
· Please use the new Montreal Client Service Centre mailing address
Distribution