Insured Approach to Critical Illness:
There is an Insurance policy designed to pay a lump-sum of cash Tax Free in the event one
suffers a Critical Illness. Covering that type of risk is the fastest growing market in
North America today.
The incidence of early mortality due to a Critical Illness is significantly reduced
because of innovations in medical care technology.
However, the incidence of a disability causing a prolonged lapse in earning ability is
significantly increased. Mortgage payments, car payments, increased medical care costs all
add up to the potential for financial disaster. A Critical Illness policy makes good
business sense.
A Creative Approach to Critical Illness:
When Life Insurance is included with the purchase of a Critical Illness Policy, additional
deposits can be made into the policy’s tax sheltered account. If deposits are large
enough, substantial cash values are created.
The Income Tax Act not only allows tax sheltering during accumulation, it also specifies
that extra cash can be withdrawn TAX FREE in the event of a Critical Illness.
PLUS…
The extra cash can be a valuable “cushion” when income is interrupted, creating
Extended Insurance values.
 | Diversification of Investment Portfolio |
| Investment Choices Linked to Outside Indices |
| Deposit Flexibility Increase, Decrease, Skip, Emergency Cash
Withdrawal |
| Additional Insurance Non-medically |
| Creditor Proof (if personally owned) |
| Capital Benefits |
| Life Insurance Proceeds Non-taxable |
| Fully Assignable for Collateral |
| Extended Term Insurance |
| Optional Life Benefit (Joint-Last-to-Die) |
| Backed by Prudential of America with over $200 Billion in
Assets |
