This Expert Advice from Equitable Bank, Canada’s Challenger BankTM, will offer practical insight into unique wealth solutions and planning strategies to help clients navigate the uncertain environment – and meet their diverse needs.May 3, 2021
Equitable Bank’s CSV FLEX Line of Credit allows Canadians to borrow against the cash surrender value (CSV) of participating whole life insurance policies. Clients can turn this hidden nest egg into a “living benefit,” adding cash to supplement retirement plans and push out their withdrawal schedule.
Equitable Bank has created an “IFA Lite” strategy, which provides strategic, tax-free access to the cash surrender value (CSV) of a whole life insurance policy.
Equitable Bank discusses a practical, unique CSV Leveraging solution for Baby Boomers to unlock tax-free cash to help the next generation buy homes – all while keeping their whole life insurance policies intact.