Participating Life Insurance Policy in Ontario
Safeguard your estate and build long-term value with a participating whole life policy from DFSIN Toronto West (Desjardins Financial Security Independent Network). Get lifelong coverage plus access to dividends and tax-preferred cash values designed to protect your family and grow your legacy.
Participating Life Insurance from DFSIN in Ontario
Participating life insurance combines guaranteed lifelong protection with the potential for growth through annual dividends. As your needs evolve, you can use dividends to buy more coverage, offset premiums, or accumulate value. It’s a flexible way to protect loved ones while building an intergenerational estate plan.
With DFSIN Toronto West, you get guidance on dividend options, tax considerations, and funding strategies that align with retirement, education, or estate objectives.
Long-Term Growth to Maximize Value
Adaptable Coverage Options
Adjust coverage as your life changes, grow the death benefit with paid-up additions, or stabilise out-of-pocket costs by directing dividends to premiums.
Accumulation of Tax-Preferred Cash Values
Cash values grow inside the policy on a tax-preferred basis and can be accessed via policy loans or withdrawals to support opportunities or emergencies. (Tax treatment depends on individual circumstances. Speak with a professional.)
Inflation-Resistant Death Benefit
Use dividends to purchase additional insurance that can help the total death benefit keep pace with inflation, protecting purchasing power for beneficiaries
Maximizing Your Estate’s Value
Participating policies can simplify estate equalisation, support charitable giving, and transfer wealth outside probate(when beneficiaries are named), delivering timely liquidity.
How Are Dividends Determined in Ontario?
Dividends for participating policies are influenced by the insurer’s experience versus assumptions in five areas: mortality, investment returns, expenses, taxes, and persistency (lapses/terminations). Policy loans and coverage changes may also affect results.
- Mortality experience vs. pricing assumptions
- Portfolio yield and interest rate environment
- Operational expenses and tax impacts
- Lapse/persistency patterns across the block
How Does It Work?
Step 1: Premiums Enter the Participating Account
Your premiums join a participating fund managed by the insurer.
Step 2: Closed & Open Accounts
DFSIN maintains closed accounts (policies in force or acquired prior to 2017) and an open account (policies acquired after 2017). Each is tracked separately and may have different returns/dividend scales.
Step 3: Guarantees
Your premiums join a participating fund managed by the insurer.
Step 4: Dividends Credited Annually
When credited, dividends can be directed to one or more options (see below).
Dividend Options
(Availability varies by product/contract. Advisor guidance recommended.)
Is a Participating Policy Right for You?
Estate Builders: Maximise tax-efficient legacy; offset probate (with named beneficiaries).
Stable Savers: Prefer disciplined, long-term growth and access to cash values.
Business Owners: Fund buy–sell, key person protection, or collateral assignment with a lender.
Compliance Note (fine print): Collateral assignments, tax treatment, and corporate planning require independent professional advice.
DFSIN Toronto West’s Personalised Coverage Options
Choose a structure that fits your timeline, cash flow preferences, and estate goals. Dividends can be applied to grow value, lower costs, or build liquidity over time.
Accelerated Growth 20 Pay
- Ideal for: Boosting retirement income or targeted goals in ~10–15 years.
- Premiums: Payable for 20 years, then finished.
- Dividend Use: PUA for compounding growth, premium offset, or cash.
- Why it works: Medium-term dividend focus + finite funding horizon creates high efficiency for later-life cash value use.
Estate Enhancer 20 Pay
- Ideal for: Maximising death benefit and cash values within ~20 years for estate optimisation.
- Premiums: Finish at year 20.
- Dividends: Designed to maximise sustained growth; includes complimentary coverage for 20 years (excl. child life insurance).
- Why it works: Finite pay period; strong estate leverage for legacy goals.
Accelerated Growth to 100
- Ideal for: Long-horizon savers comfortable with lifetime premiums seeking stronger long-term cash values.
- Dividend Options: Five options, including accelerated growth (PUA) for enhanced surrender values.
- Why it works: Spreads funding over life, supporting higher lifetime values.
Estate Enhancer to 100
- Ideal for: Lifetime estate protection with emphasis on guaranteed CSV and lifetime dividends.
- Premiums: Payable for life.
- Benefits: Potential for long-term, tax-preferred growth; enhanced returns at death.
- Why it works: A durable framework for intergenerational wealth transfer.
Adviser Note (small): Some plans include an optional premium waiver on disability and other riders. Suitability depends on age, health, and objectives.
Why Choose DFSIN Toronto West?
“Protecting your interests, and your legacy, is our top priority.”
Since 2005, we’ve helped Ontario families and business owners protect wealth with participating life solutions backed by Desjardins. Our multidisciplinary advisors personalise funding strategies, dividend choices, and rider selection, and revisit your plan as life evolves.
How to Buy a Policy
Start with a discovery call. We’ll review your goals, budget, and time horizon; model dividend options (PUA vs. premium offset vs. cash); and tailor funding to fit your plan. You’ll leave with a clear illustration and next steps.
We Serve Clients Across Ontario
We also advise on universal life, permanent life, and participating policies, including strategies to increase death benefit, build savings, or reduce premiums using dividends
FAQs About Participating Policies
Get Your Personalized Quote Today
Take the first step towards protecting your family’s future. Our licensed advisors will help you find the perfect Desjardins critical illness coverage, including:
