Universal Life Insurance in Toronto, Brampton & Mississauga

Universal life insurance is permanent life insurance combined with a tax-advantaged investment account. It gives you lifetime protection and more flexibility over how much you pay and how the savings part of the policy is invested.

Key features

• Permanent coverage for life
• Flexible premium payments within policy limits
• A choice of investment options inside the policy
• Investment growth is tax-sheltered within the policy limits set by Canadian tax rules
• Can be used for estate planning and passing on wealth

Is universal life right for you?

Universal life can suit people who have already used their RRSP and TFSA room, business owners, and families planning an estate. Because returns depend on the investments you choose, it is important to review the policy regularly.

Compare your options

Compare with whole life insurance and term life insurance to find the right fit for your budget and goals.