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Universal Life Insurance

Flexible Protection with Long-Term Growth

Universal Life Insurance combines lifelong coverage with the ability to build tax-advantaged savings over time. It’s a smart choice for Canadians who want permanent life insurance plus the opportunity to invest and grow wealth within their policy.

At Broker Direct Canada, we help you customize a universal life plan that fits your goals — whether you’re focused on family security, estate planning, or building a tax-efficient legacy.

Key Benefits of Universal Life Insurance

Lifetime Coverage

Peace of mind that your loved ones are protected

Tax-Sheltered Growth

Build savings you can access later in life

Flexible Payments

Adjust your premiums and investments as your needs change

Estate Planning

Leave a tax-efficient legacy to your heirs or charitable causes

Who Should Consider Universal Life?

  • Universal life is ideal for:
  • High-income earners seeking tax-efficient investment vehicles
  • Families or individuals looking for permanent life coverage
  • Business owners needing advanced estate or succession planning
  • People maxing out RRSPs and TFSAs but still wanting tax-sheltered growth