Optimize Cashflow and Life Insurance with an Immediate Financing Arrangement
By Equitable Bank with CE Corner
When it comes to life insurance many Canadians are often left with a difficult choice:
1. Acquire life insurance now, but negatively impact liquidity and cash flow.
2. Proceed with inadequate life insurance coverage and fail to provide adequate security for their loved ones.
Enter the immediate Financing Solution - a lending product that enables whole life policy-owners to borrow back 100% of their premiums on an annual basis. The benefit is two-fold: clients are able to purchase additional life insurance - either to protect their loved ones or to structure their estates - and borrow back the entire amount to remain liquid.
This recorded webinar will dive deeper into the product details and use cases, as well as other CSV lending options that may be more suitable for certain borrowers. Advisors will find that IFA lending is a valuable tool for deepening client relationships and for growing their books.
In the opinion of CE Corner, the content of this session aligns with FSRA’s requirements for Life and Accident & Sickness credits. However, it remains the responsibility of the individual license holder to check FSRA credits and confirm suitability.
Accreditation Details
Accreditation body
Competency
Credits
FP Canada
Financial Planning
--
Practice Management
--
Product Knowledge Credits
1.00
Professional Responsibility Credits
--
The Institute
Financial Planning
1.00
Product Knowledge
--
IIROC Cycle 9
Compliance
--
Professional Development
1.00
MFDA
Business Conduct
--
Professional Development
1.00
FSRA
Life and/or A&S
1.00
ICM
General Insurance
--
Life Insurance
1.00
Adjuster
--
Insurance Council of BC
Accident and Sickness
--
General Insurance
--
Life Insurance
0.75
