Some riders
allow additional payouts to beneficiaries on account of accidental death of the insured.
Not exact matches
This
allows homeowners, which are essentially taking out a brand - new mortgage and paying off the old mortgage, to request an
additional cash
payout which can be used to consolidate outstanding debt regardless of your bad credit.
(To get your bigger TFSA working for you now, download the September / October issue of MoneySense magazine) He has been generally hostile to the idea of a mandatory enhancement to the CPP, but with an election looming Harper said in May he'd explore the idea of
allowing Canadians to voluntarily make
additional CPP contributions in return for higher
payouts.
In
additional to providing a stable
payout after death, whole life insurance policies
allow you to borrow against them or even take a hand in how the funds are invested.
It's numbers in an excel spreadsheet and schedule E. Sometimes the asset requires an influx of cash, sometimes it misses a dividend
payout, but hopefully over the long run (15 years and more) this asset will appreciate and the cashflow provided will
allow additional acquisitions.