Life insurance

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Life insurance helps to create security for you and your family. When you die, it can be used to pay final expenses and debts, and provide an income for your family.

The advantages of life insurance include:

Death benefits to named beneficiaries are almost always non-taxable.
An instant estate when funds are needed the most
Probate costs can be avoided if you name a beneficiary other than your estate
Life insurance may offer the potential for creditor protection¹
Permanent life insurance allows you to build tax-advantaged cash value for retirement purposes or to provide liquid savings²

¹ Creditor protection depends on court decisions, which can be subject to change and can vary from each province; it can never be guaranteed. Talk to your lawyer to find out more about the potential for creditor protection.

² If the accumulation stays within prescribed limits, the cash value is only subject to income tax when it’s withdrawn.

Mutual funds are offered through Desjardins Financial Security (DFS) Investments Inc., the mutual fund dealer.

Trent MacKeen is registered to sell mutual funds in Nova Scotia, Ontario, and British Columbia.

This site is not the property of DFS Investments Inc. nor do they have control over the content of this site. DFS Investments Inc. is not responsible for the website content that is unrelated to the business of DFS Investments Inc., nor is it responsible for the monitoring or supervision of these other business activities.

The information on this website is intended for residents of Nova Scotia only.

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Life insurance

Trent MacKeen

Insurance Representative

Investment Fund Advisor