Blogs

Blogs

IMMEDIATE FINANCING ARRANGEMENT (IFA)

FOR CANADIAN CORPORATIONS

An IFA is a practice whereby you take out a premium life insurance policy that has a cash building component, such as an exempt whole or universal life insurance policy, and then directly use the policy as collateral to obtain a loan.


How the IFA works to help you get more tax deductions?

IS ‘PERMANENT LIFE INSURANCE’ A NEED OR A WANT?

Most Canadians are confused about choosing life insurance that caters to their needs. You must be fed up with many advisors, agents, brokers pitching a rosy life insurance product.

6 Reasons Why Retirement Planning

Should Be Your Priority

Retirement management has several benefits that range from both personal and psychological

to financial. Here are several advantages and common reasons for effectively planning your

retirement. As popular saying


“If you fail to plan, you are planning to fail!”

Important financial decisions that

everyone should make

Some timely decisions that we make have a great impact on our life either immediately or for the years that are yet to come. Taking a right financial decision is the best example of making a timely decision.

How to prepare yourself to face life- threatening situations and make the right financial decisions?

Each one of us begins a new day praying to God for the future of our family and ourselves. We step out of our home for work or any reason without knowing what is going to happen. Many personal unexpected situations might affect your family at large.

IMMEDIATE FINANCING ARRANGEMENT (IFA)

FOR CANADIAN CORPORATIONS

An IFA is a practice whereby you take out a premium life insurance policy that has a cash building component, such as an exempt whole or universal life insurance policy, and then directly use the policy as collateral to obtain a loan. In this way, you gain the full benefit from the insurance policy, yet you are still able to use your money to build your business or to invest in other income-generating avenues.


How the IFA works to help you get more tax deductions?

IS ‘PERMANENT LIFE INSURANCE’ A NEED OR A WANT?

Most Canadians are confused about choosing life insurance that caters to their needs. You must be fed up with many advisors, agents, brokers pitching a rosy life insurance product.

6 Reasons Why Retirement Planning Should Be Your Priority

Retirement management has several benefits that range from both personal and psychological to financial. Here are several advantages and common reasons for effectively planning your retirement. As popular saying


“If you fail to plan, you are planning to fail!”

Important financial decisions that

everyone should make

Some timely decisions that we make have a great impact on our life either immediately or for the years that are yet to come. Taking a right financial decision is the best example of making a timely decision.

How to prepare yourself to face life- threatening situations and make the right financial decisions?

Each one of us begins a new day praying to God for the future of our family and ourselves. We step out of our home for work or any reason without knowing what is going to happen. Many personal unexpected situations might affect your family at large.

Working Hours

🟢 Monday to Saturday : 9:30 AM - 6:30 PM

🔴 Sunday : Closed

Our Service Area

Ontario

Alberta

British Columbia

Kanwaljit (Sunny) Kochar is licensed to sell Segregated Funds investments, Life and A&S Insurance products in Ontario, Alberta and British Columbia. Not available in other provinces. Policy obligations are the sole responsibility of the issuing investment and the insurance company. Issuance of coverage is subject to underwriting by the respective insurance company. Please see policy documents for full terms, conditions, and exclusions. The respective entities own the logos and trademarks used here. Refer to our Privacy Policy and Terms of Service sections for additional information.


Neither Hexavision Enterprise, its affiliated companies, nor its agents may provide tax or legal advice. Anyone to whom this material is promoted, marketed, or recommended should consult with and rely on their own independent tax and legal professional regarding their particular situation and the concepts presented herein.


License #s: FSCO LIC#17161321 (ON), AIC LIC # M-3493167-1763384-2020 (AL), BC LIC#LIC-2020-0022136-R01 (BC).

@2020 Hexavision

Our Service Area

Ontario

Alberta

British Columbia

Working Hours

🟢 Monday to Saturday : 9:30 AM - 6:30 PM

🔴 Sunday : Closed

Kanwaljit (Sunny) Kochar is licensed to sell Segregated Funds investments, Life and A&S Insurance products in Ontario, Alberta and British Columbia. Not available in other provinces. Policy obligations are the sole responsibility of the issuing investment and the insurance company. Issuance of coverage is subject to underwriting by the respective insurance company. Please see policy documents for full terms, conditions, and exclusions. The respective entities own the logos and trademarks used here. Refer to our Privacy Policy and Terms of Service sections for additional information.

Neither Hexavision Enterprise, its affiliated companies, nor its agents may provide tax or legal advice. Anyone to whom this material is promoted, marketed, or recommended should consult with and rely on their own independent tax and legal professional regarding their particular situation and the concepts presented herein.


License #s: FSCO LIC#17161321 (ON), AIC LIC # M-3493167-1763384-2020 (AL), BC LIC#LIC-2020-0022136-R01 (BC).

Hexavision Enterprise| Terms And Conditions | Privacy Policy