IDC - Universal Life Insurance Canada Planning For the Future

A universal life insurance policy can be an excellent addition to your financial portfolio and assist you in developing a sound financial plan utilizing permanent life insurance instead of term or temporary life insurance.

Universal life insurance is like a special creditor proof mutual fund investment coupled with an insurance policy. It includes a flexible account that allows you, the policyholder, to determine how much money is funneled into your mutual fund where the money grows tax-free. There is a choice of hundreds of funds depending on the insurance company chosen.

Insurance Direct Canada (IDC) is a Canadian insurance company offering a full range of insurance services online since 2004, including term, whole life and universal life insurance.

IDC Insurance Direct Canada can provide you with a no-hassle universal life insurance quote from the privacy of your own home. Our staff of highly trained universal life insurance brokers can help you decide what type of policy best suits your needs.

Universal life insurance is a popular choice for many Canadians seeking life insurance and has a number of very attractive benefits.

Advantages of a Universal Life Insurance Policy

• Flexible Terms - Universal life insurance policies allow you to adjust the deposit at any time. You select the premiums and as long as the cost of insurance is covered, the balance will go into the investment.
• Use Your Returns or Income – The income from a universal insurance policy can be used to pay for your insurance premiums in times of financial difficulties.
• Invest for Higher Returns - Like any mutual fund, you have many funds to choose from depending on your risk tolerance and growth objectives. Options would include guaranteed interest, bonds funds, balanced funds and growth or equity funds.
• Adjustable Monthly Premiums - Since monthly premiums can be adjusted to fit nearly any budget, universal life insurance policies are ideal for young families.
• Guaranteed Rate of Return - Most policies have the option of a guaranteed rate of return, usually around 4%, to ensure that your investment continues to grow despite current interest rates and the economy.
• Death Benefit Plus Cash - You can choose between a universal life insurance policy that offers a set death benefit or one that offers a death benefit in addition to the actual cash value.

Common Uses for Universal Life Insurance Policies

A universal life insurance policy is often used as a way to plan for the future. Begin your policy today in preparation for:

• Tax Free Retirement funding
• Tax Favored Estate planning that avoids wills variation act and is creditor proof
• Financial security for small business as the funds are creditor proof
• Over a dozen tax advantage strategies

IDC – Insurance for Canadians

IDC insurance agents can help you acquire the ideal universal life insurance policy for your financial needs.

Canadians from across the country turn to IDC for their insurance needs. We put our customer’s needs first and service Canadians living in Ontario, British Columbia, Alberta, Manitoba, Saskatchewan, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador, Yukon, Northwest Territories, and Nunavut.

Call us today from anywhere in Canada Toll Free at 1-866-238-9271 for your personalized universal life insurance or variable universal life insurance quote.

For quick access to detailed information about a universal life insurance policy that meets your planning needs Contact Insurance Direct Canada today!

“Insurance Direct Canada, your partner in an ever-changing world”