Prepare for tax changes to your life insurance

Prepare for tax changes to your life insurance

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New rules beginning January 1, 2017, will impact the taxation of Canadian life insurance policies. If you’re considering changing your existing insurance policies or buying permanent insurance, you may want to review your overall estate planning and insurance needs with your advisor before the new regulations are in place.

CLICK HERE to read the full article covering topics of “How the rules work today” and the “Impact of the updated regulations”. If you have any questions or comments, please be sure to contact Harry Perler.