Life Insurance Archives - Dehoney Financial Group

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Gender Neutral

Gender Identity and Expression

More than a year ago, the Government of Canada amended the Canadian Human Rights Act (Bill C-16) to add gender identity and gender expression to the list of prohibited grounds of discrimination. As Kathryn Bird of the law firm Hicks Morley wrote at that time, this amendment would bring “greater awareness of a person’s right to be accommodated, and of the importance of ensuring employers/service providers create an atmosphere conducive to the promotion and productivity of – and delivery of service to – all persons, regardless of gender identity and gender expression.”

There […]

Building a superior client experience

ANNOUNCEMENT

Vice President, Client Experience – Erin Gunn

Customers have always been at the core of our business and that’s why our team is always looking for innovation and new ways to delight and exceed client expectations of service and expertise across all of our lines of business.

To ensure we reach our goal of continual improvement, we are pleased to announce the promotion of Erin Gunn to the role of Vice President, Client Experience. In addition to leading the execution and management of our customer experience strategy, Erin will continue to […]

Rediscover the tax-saving ability of life insurance.

tax savings of life insurance

Over the past couple of weeks, a lot has been written about Finance Minister Bill Morneau’s proposal to fix the perceived unfairness in the way that private-business owners, family businesses, and incorporated professionals pay tax. While the proposal was not a surprise, it was the scope of the changes that many found alarming. In the days after the proposal became public, doctors’ associations, farmers, and small and medium-sized businesses have let the Minister and his government know that these changes will have a significant and negative effect on practicing doctors, the economy, and on the future of […]

Despite taxation changes in 2017, life insurance products remain competitive.

In a previous article on the changes to the taxation of life insurance, we speculated on what insurers might do to their products to keep them competitive in the 2017 tax environment. And while the changes were significant, we had every confidence in the actuaries that they would develop their products to provide value to clients.

We have now had a chance to look at the new 2017 products and, after running our analysis, we can say that the results are encouraging.

Our Analysis – Universal Life Insurance

Our experts chose a 2016 level-cost, universal life insurance product […]