111. How Is My Whole Life Policy Cash Value Protected In Canada? Assuris

April 19, 2022 00:31:59
111. How Is My Whole Life Policy Cash Value Protected In Canada? Assuris
Wealth On Main Street
111. How Is My Whole Life Policy Cash Value Protected In Canada? Assuris

Apr 19 2022 | 00:31:59

/

Hosted By

Richard Canfield Jayson Lowe

Show Notes

Wealth Without Bay Street EPISODE 111: Today on Wealth Without Baystreet, Richard and Jayson discuss how your whole life insurance policy cash value can be protected in Canada with Assuris. As Richard says Assuris is the insurance company for insurance companies. Join us as we take a look into what they do and how it can help you too.

IN THIS EPISODE, YOU WILL LEARN:

0:00 Introduction

1:28 Policyholder Protections in Canada

3:33 About Assuris

5:53 The Minimum Requirements

8:47 Non-Profit vs. Private Insurance Companies

9:59 LICAT Ratios

13:59 Regulations For Insurance Companies

19:42 Do They Meet Consumer Demand?

21:49 Business Model of an Insurance Company

26:04 Two Masters of Insurance Companies

ASSURIS Protection:http://assuris.ca/

Assuris Funding: https://assuris.ca/about-us/assuris-funding/

Assuris Past uses:https://assuris.ca/about-us/experts-in-protecting-policyholders/

LICAT – Capital Adequecy: https://www.osfi-bsif.gc.ca/Eng/fi-if/rg-ro/gdn-ort/gl-ld/Pages/LICAT19_index.aspx

Other Episodes

Episode 0

June 14, 2023 00:26:12
Episode Cover

171. What Type Of Banker Rakes In The Most Cash?

Wealth Without Bay Street 171: What Type Of Banker Rakes In The Most Cash? Which type of banker makes the MOST money?   Well, this...

Listen

Episode 0

October 25, 2023 00:37:52
Episode Cover

190. Breaking News: Victoria Declares Whole Life Insurance Is A SCAM

Wealth Without Bay Street 190: Victoria Declares Whole Life Insurance Is A SCAM On this platform, we believe in sharing only honest and reliable...

Listen

Episode

June 14, 2022 01:02:48
Episode Cover

119. The Money Advantage Using Infinite Banking In Canada

Wealth Without Bay Street EPISODE 119: This episode of Wealth Without Baystreet features Bruce Wehner and Rachel Marshall. Bruce Wehner is the lead advisor...

Listen