Questions? Call 514.876.8916
or APPLY ONLINE!

Let us save you weeks of negotiating with your bank.

Team Levine delivers the best rates to your finger tips in just minutes.

Participating Life Insurance

Participating life insurance is one of the types of permanent life insurance. Not all insurance companies offer this type of life insurance as the insurance company needs to be setup with a dividend structure in order to provide this type of insurance. If the insurance company providing the participating life policy has extra cash in their coffers, meaning premiums coming in, outweigh the death benefits paid out to families, as well as the companies operating expenses, than each holder of a participating life policy will receive dividends. You develop a cash account within the policy, which is a tax-advantaged savings component within your insurance policy. The dividends within the policy can go towards increasing your policies death benefit, or towards decreasing your monthly / yearly premium payments.

Who would be interested in participating life?

  • Someone looking for insurance in which premiums remain level, and have enough of a budget for permanent insurance.
  • Someone looking for an investment component within their life insurance product as a tax friendly method of saving.
  • Someone looking for level premiums on their insurance policy, with the potential of growing their death benefit over time.
  • Someone looking to diversify and find unique methods for retirement savings.
  • Someone looking for estate planning in order to protect their estate.

Please complete the form to receive an instant life insurance quote


Your Requirements

Yourself    You & Your Partner

About Yourself

Yes    No

About Your Partner

Yes    No

Contact Details

4 + 10 =

Featured Blog Posts

Tips for Finding the Lowest Mortgage Rates in Montreal

Dec 6, 2019

A home is probably the biggest and most emotional purchase you will ever make. Given the importance of this significant investment, home purchase canâ ...

Read More

Canada’s New Mortgage Rules and How They Could Affect You

Oct 20, 2016

The Canadian federal government recently announced new legislation that may affect the purchasing power of home buyers. These new mortgage rules, whic ...

Read More

What to Consider Before Refinancing Your Home

Oct 11, 2016

Refinancing your mortgage is a great way to consolidate and pay off your debt, make some much-needed renovations, or even pay for tuition. While refin ...

Read More

~ Partners ~