Insurance = Generational Wealth | Colleen Gillam-Judd | EP 037

Tax Talk Podcast

According to recent statistics, 22 million Canadians have some kind of life insurance policy in place.

Are you one of them?
On episode #37 of the Tax Talk Podcast, Jared sits down with Colleen Gillam-Judd with IG Wealth Management to discuss the importance of having the proper insurance policy in place to protect your business and most notably, your financial legacy.
Some of the topics discussed are as follows:
- What is the difference between term and whole/universal life insurance?
- How is life insurance used to create estate liquidity?
- How is life insurance used to support business succession planning?
- Are insurance policies a good tool for wealth accumulation?
- Are life insurance policies a good vehicle to provide creditor protection?
- Should business owners consider disability buy-outs and critical illness insurance options as well?
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Disclaimer: This is a general source of information only. It is not intended to provide personalized tax, legal or investment advice, and is not intended as a solicitation to purchase securities. Colleen Gillam-Judd is solely responsible for its content. For more information on this topic or any other financial matter, please contact an IG Wealth Management Consultant.