We all know how big of a financial investment it is when you’re purchasing your home, it would probably be the biggest one in your life.
When you’re looking for a flexible financial tool that provides your loved ones with complete financial protection while adapting to your family, personal and work situation, a Universal Life Insurance policy would be a clear solution. With two essential components of financial planning, life insurance and tax-preferred savings, Universal Life Insurance can be your answer for your financial needs.
Defining Genesis
Genesis is one of our widely popular insurance policies that can meet your permanent life insurance needs as well as your savings needs.
It’s a customizable product that enables you to save and maximize your estate without any taxes. You will also benefit from insuring your mortgage, having easy access to your liquid assets that can be our retirement income, protecting the value of your business, and managing a new project.
How does Genesis Work?
A part of your donation will be used to pay for insurance and taxes. Your excess premium will be invested as part of your insurance policy’s investment component.
The Coverage
Genesis ensures you for the rest of your life and allows you can choose the cost, death benefit, face amount, and premium. Overall, this is the most significant way to protect your family and business from any financial disaster that may occur as a result of your death.
An apt Savings Vehicle
The savings component of this policy is invested and generates income that would accumulate tax-free. The iA financial group offers a large pool of investment accounts that can meet your requirements. In addition, you will also get the benefits of an investment bonus of 0.75% starting the first year for all the index accounts.
Call 1 844-542-4678 to speak to our advisors.
Criteria
Costs of insurance(guaranteed)Age at issue
YRT, level
0 to 85
Level with 10-year option
0 to 80
Level with 15-year option
0 to 70
Level with 20-year option
0 to 60
Death Benefits
With Genesis, you will get three options in Death benefits:
Below is a Brief on each of the Benefits:
The savings portion of your insurance policy, like any other financial investment, is carefully invested in accounts that match your investor profile:
The iA financial group offers several beneficial investment options, this includes
Below is a Brief on each of the Benefits:
Call 1 844-542-4678 to speak to our advisors.
Market Index Accounts
Active Management Accounts
Equibuild
In our growing portfolio of insurance products, Equibuild is another popular one that has been designed with you and your family’s financial security in mind. It offersincreased coverage and a guarantee in the event of your (the policyholders) death. Also, Equibuild Bonus adds to your death benefits, and you will have the option to increase the face amount or your savings under the policy.
You also get the advantage of cash surrender values that start accumulating the first month and can be used towards a payments holiday, and the choice is yours. You’ll be happy to learn that there are no policy fees or surrender costs when you pay your yearly premium.
GenesisEquiBuild
Level cost
Quick payment option
10, 15 or 20 payments
15 payments
Annual renewable term
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Paid-up insurance
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Various investment options
Bonus
Investment Bonus
Equi Build Bonus
Guaranteed cash surrender value
Quick payment option only
Type of death benefit
Face amount only
Face amount + fund
Tax-free death benefit
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Call 1 844-542-4678 to speak to our advisors.
