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Many business owners want to put as many expenses through their corporation as possible to take advantage of the lower tax rate. However, when putting life insurance in your corporation there are some key things to be aware of and some major tax traps that could happen if not planned correctly. In this video, we will be breaking down everything you need to know as a business owner that wants to pay for their life insurance through their corporation.
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About Affinity Life
Affinity Life is an online life insurance platform dedicated to busy Canadians. We believe you shouldn’t have to run through a sales gauntlet to obtain life insurance to protect your family. We’re setting out to finally revolutionize and innovate in an industry that hasn’t significantly changed in the last 100 years. We hope you can join us on our journey. Founded in 2020 and headquartered in Calgary, AB, Affinity Life is 100% founderowned.
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