At Desjardins Financial Security, the Financial Planning Platform PACE is the reference product in term of Universal Life Insurance. PACE has two components: a life insurance component whose variety and flexibility adapts perfectly to each stage of life, and an investment component with options that help accumulation fund grow, tax free.
PACE at a glance
Protection for the entire family
Spouse, parents, children, single or joint coverage. Your clients can combine different types of insurance for the entire family in one PACE plan, saving multiple policy fees and administration.
Asset growth
Your clients can place additional funds in their PACE plan, over and above the Cost of Insurance, to grow on a tax-deferred basis. These funds can be directed to any one of several investment options, and withdraws of all or part of the accumulation fund can be made at any time.
Business protection
PACE is perfectly suited for all your client's business insurance needs, including buy-sell, key person and business loan coverage.
To last a lifetime
As your client's needs change, simply adjust the PACE policy by adding and cancelling options.
There is only one... and one is all you'll need.
For all phases of life, PACE takes it in stride, with flexibility and control you won't find anywhere else.
What is a Universal Life - PACE Insurance?
At Desjardins Financial Security, the PACE Financial Security Portfolio is the Universal Life product.
PACE has two components
- A life insurance component offering a choice of term life insurance of various durations, whole life insurance or mortgage insurance.
- An investment component with various investment options, including guaranteed deposits and index funds. The funds accumulate in an investment account tax-free.
PACE also offers a Health component that allows adding coverage for critical illness or other general health coverage.
Key Advantages
| Your client can purchase any of the available life and health insurance coverages.
Combine several insurance coverages into one policy.
Watch tax-sheltered funds grow with each periodic payment made.
Use a portion of fund to pay for insurance coverages.
Possiblity to invest any excess amounts accumulated in investment options of clients choice.
Add unique health coverages or supplementary benefits to the policy for added security.
Possibility to increase your clients life insurance coverage, and expand investment "window".
Your clients can use the principal and interest
they have accumulated whenever they need it. |
Click to enlarge
|