Assurena Insurance Agency is an independent insurance brokerage agency that carries some of the best coverage options in the entire New USA.

Our Contacts

88 Centre Street North,
Toronto L4W 1C9
+1 (419)-507-0468
+1 (213)-345-0468

Working Hours

9.00 - 5.00
8.00 - 5.00
8.00 - 5.00
8.00 - 5.00
8.00 - 4.00

What is a Universal Life Insurance in Canada?

Universal life insurance is a type of permanent life insurance that provides a death benefit along with an element of investment. In Canada, it is designed to offer both protection for your loved ones and the potential to accumulate cash value over time.

This life insurance product offers a range of investment options, known as investment accounts. These accounts enable policyholders to choose from various investment vehicles, such as mutual funds, bonds, or GICs, based on their risk tolerance and financial goals.

  • Lifelong Coverage: Provide protection for policyholders throughout their lifetime.
  • Tax Advantages: The tax-deferred growth component allows policyholders to build funds faster.
  • Flexibility: With the ability to adjust premiums and investment options, allows policyholders to adapt to changing financial situations and investment goals.
  • Estate Planning: can be used as an effective estate planning tool, enabling policyholders to leave a tax-free inheritance for their beneficiaries.
  • Creditor Protection: Grant protection against creditors, ensuring that policyholders’ assets remain intact.

Universal Life Insurance is ideal for protecting the future of your family and loved ones. It combines death benefits with investment opportunities to build wealth. Canadian universal life insurance can be a valuable tool for business owners and entrepreneurs to address challenges such as business continuity and asset security. The insurance also provides retirees with a steady income after retirement.

Other Insurance Products Available At Sure Insurance

Term-100 Life Insurance
 Business Life Insurance
Final Expense Insurance

term life insurance
Term-100 Life insurance

Get free Term-100 Life insurance quotes from multiple life insurance companies. Complete our free quote form to get several quotes at once.

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What is a Business Insurance
Buiness Life Insurance

As a business owner, safeguarding your company's future is one of your primary responsibilities.

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Final Expense Insurance
Final Expenses Insurance

Final expenses insurance is designed to help cover things like your funeral, end-of-life celebration, burial or cremation

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