Posts

Showing posts from September, 2020

Best Corporate Owned Life Insurance Plans in Calgary

Image
For all the Calgary’s Controlled Private Corporations, Corporate Life Insurance is a tool which can be used to maintain the owner-manager relationship. The lives of the people that run the company can be insured through this insurance either for senior executives or for the employees. Corporate Owned Life Insurance Calgary is an insurance which is obtained and owned by a company or employer for its employees or executives. The benefits of Corporate Owned Life Insurance in Calgary are payable to either the employer or to the family of the insured employee. Corporate Owned Life Insurance provides liquidity at the time of an individual’s death and offers tranquility of mind as their family is taken care of in case of any emergency or mishap. If used properly, Corporate Owned Life Insurance in Calgary is an incredibly effective estate, tax and liquidity planning tool which provide its benefits today and not after death. Types of Insurance Life Insurance can be of two types: 1.      Term I