Tax-exempt insurance policies such as Universal Life or Whole Life are ideal if you have already maximized your RRSP contributions and are looking for another means of tax-advantaged growth. These policies allow for the cash value to grow on a tax-sheltered basis, and at retirement, can even be accessed to provide you with a tax-free income. Insurance policies are paid out to your named beneficiaries, tax-free and avoid the costs and delays of probate and executor fees.

All insurance products are sold through ScotiaMcLeod Financial Services Inc., the insurance subsidiary of Scotia Capital Inc., a member of the Scotiabank Group. When discussing life insurance products, ScotiaMcLeod advisors are acting as Life Underwriters (Financial Security Advisors in Quebec) representing ScotiaMcLeod Financial Services Inc.

The information contained on this website is for use by persons resident in Canada only.