Insured retirement strategy
Did you know that an insurance strategy can help generate retirement income while meeting your life insurance needs?
The current surge in inflation and market volatility could possibly have negative consequences on the retirement plans of your clients who are 10 to 15 years away from retirement. So, you could tell them about the insured retirement strategy and participating life insurance (iA PAR), a combination that allows clients to:
- Diversify their non-registered assets in a tax-efficient manner
- Choose the amount of cash required to generate a flexible retirement income
- Benefit from increased estate value because the death benefit is paid tax-free to the estate
Refer to Justin’s case study to better understand how this strategy works in real-life situations.
iA PAR: The product of choice
iA PAR is available in two versions:
- iA PAR Estate: Maximizes the growth of the face amount
- iA PAR Wealth: Offers the best short-term surrender values
Refer to this brochure to help you offer the right version to your client
As a reminder, the 2023 dividend scale interest rate was increased to 6%. See full article here.
The iA Large Case Solutions team at your service
Our team of experts enables you to meet the specific needs of wealthy clients, professionals and business owners.
Contact your regional sales manager for a personalized iA PAR illustration and guidance from the iA Large Case Solutions team.
