Expert Advice

How can CSV Lines of Credit bridge the “premium offset” gap?

PAID CONTENT Canadians who own a whole life insurance policy often buy in with the expectation that policy dividends will eventually cover their entire premium amount. This “premium offset” scenario is useful for Advisors looking to manage cash flow within their client’s financial plan, yet there’s a potential roadblock that many fail to consider: What […]

June 14, 2021

3 min read

Where can Canadians find a U.S. HISA safe haven that pays 1% interest?

Damon Knights, Vice President, Sales and Distribution, Personal Banking, discusses how Equitable Bank continues to challenge the status quo with their new leading U.S. HISA solution to help wake up sleepy US dollars at a time when market opportunity is ripe.

May 31, 2021

3 min read

How can whole life insurance optimize clients’ RRSP, CPP & OAS?

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.

May 3, 2021

4 min read

Where can Canadians find cash flexibility in an uncertain economy?

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.

April 19, 2021

3 min read