Episode 2: Understanding Investment Based Life Insurance Policies
- What is a “fund,” and how does it relate to an investment-based insurance policy in Canada
- Investments based on risks and understanding your needs
- What is a Universal Life Insurance policy in Canada
- What is a Participating Life insurance policy in Canada
In this episode of GO FUND YOURSELF, Orlando answers the question. Can life insurance be an investment vehicle? The answer is YES! And you should probably start today if you have not already.
Why invest? How much? What options are available? Can this help my taxable position? Is monthly better than annually? All this is just the tip of the proverbial iceberg as to what Orlando covers in this podcast.