111. How Is My Whole Life Policy Cash Value Protected In ...

What this episode covers

Wealth Without Bay Street EPISODE 111: Today on Wealth Without Baystreet, Richard and Jayson discuss how your whole life insurance policy cash value can be protected in Canada with Assuris. As Richard says Assuris is the insurance company for insurance companies. Join us as we take a look into what they do and how it can help you too. IN THIS EPISODE, YOU WILL LEARN: 0:00 Introduction 1:28 Policyholder Protections in Canada 3:33 About Assuris 5:53 The Minimum Requirements 8:47 Non-Profit vs. Private Insurance Companies 9:59 LICAT Ratios 13:59 Regulations For Insurance Companies 19:42 Do They Meet Consumer Demand? 21:49 Business Model of an Insurance Company 26:04 Two Masters of Insurance Companies ASSURIS Protection:http://assuris.ca/ Assuris Funding: https://assuris.ca/about-us/assuris-funding/ Assuris Past uses:https://assuris.ca/about-us/experts-in-protecting-policyholders/ LICAT – Capital Adequecy: https://www.osfi-bsif.gc.ca/Eng/fi-if/rg-ro/gdn-ort/gl-ld/Pages/LICAT19_index.aspx

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Frequently Asked Questions

How long is this episode of Wealth On Main Street?

This episode is 31 minutes long.

When was this Wealth On Main Street episode published?

This episode was published on April 19, 2022.

What is this episode about?

Wealth Without Bay Street EPISODE 111: Today on Wealth Without Baystreet, Richard and Jayson discuss how your whole life insurance policy cash value can be protected in Canada with Assuris. As Richard says Assuris is the insurance company for...

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