Creditor Protection

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Creditor Protection

For business owners and self-employed professionals, the potential for creditor protection in the event of bankruptcy is a compelling reason for having money invested with a life insurance company.

Key Benefits

bulletWhen a named beneficiary is a spouse, parent or grandchild or is named irrevocably then the proceeds may be protected against the claims of creditors.
bulletAdditionally, upon death, the proceeds go directly to the named beneficiary and do not form part of the estate and are not subject to probate or other related estate settling fees.
bulletCreditor protection is not available in all cases and it is important to review these legal precedents.
 

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 Protection, Wealth Creation and Management

It's better to have insurance and not need than to need it and not have it.

ProInsure is a Life Insurance Brokerage Agency located in Oakville, Ontario.

472 Caesar Avenue, Oakville, ON, L6J 3Z2 - 905-815-7186