Universal Life

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The Best of Both Worlds
Often considered an “Investment” product, Universal Life combines the advantages of life insurance protection with those of flexible investment options.

Tax-advantaged growth
Investment income earned within the policy will grow in a tax-sheltered manner, to a maximum specified under the Income Tax Act. This maximizes the net worth of the capital you invest.

Creditor protection
Policies may be protected from the claims of creditors provided a certain family relationship exists between you and your named beneficiary.

Probate bypass and tax free benefits
The proceeds from the policy can be paid directly to the named beneficiary tax-free, bypassing the estate and the delays and expenses surrounding probate.

Accessible cash values
You can withdraw a portion of the cash value built up within the policy.

Flexible protection
This feature gives you the flexibility to fund insurance needs by:

  • Increasing or decreasing premiums
    Paying at unscheduled dates
  • Stopping and restarting payments
    Paying premiums with the accumulated tax-free fund value from your policy.

For more details, call us or email us and we’ll reply within one business day.

Financial Services Available At:

41 Dundas Street West, P.O. Box 280
Trenton, Ontario K8V 5R5

Telephone: 613.392.1283
Toll-free: 1.800.663.1384
Fax: 613.392.5919

E-mail: investing@whitleyfinancial.com

Mutual Funds and some Segregated Funds provided by the Fund Companies are offered through Worldsource Financial Management Inc., sponsoring mutual fund dealer. All other products and services are offered through Whitley Financial Services.

Office Access Effective June 14, 2021

Whitley Insurance & Financial Services cares deeply about our staff, clients and community. We continue to monitor developments with the Coronavirus. As a result we are operating business as usual and open by appointment, in addition to telephone and email.

Please contact our offices and we will direct your call accordingly:

Trenton (613) 392-1283

Belleville (613) 966-1711

Stirling (613) 395-5501

Deseronto (613) 396-2312

Payments may be made by Interac e-Transfer, Credit Card, or Online Banking.

We would like to thank you for your business. During these uncertain times, we’re working hard to continue to provide the same service standards you have come to expect from us.