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Welcome to the Wealth Without Bay Street podcast, a Canadian guide to building dependable wealth. Join Richard Canfield and Jayson Lowe as they unlock the secrets to creating financial peace of mind in an uncertain world. Discover the strategies and mindsets to a financial future you can bank on. Discussing The Infinite Banking Concept and strategy of BecomingYour Own Banker in Canada as only Canucks can!
Episodes
Monday Apr 18, 2022
Monday Apr 18, 2022
FREE report 7 Simple Steps to Becoming Your Own Banker - http://7steps.ca/
Wealth Without Bay Street EPISODE 111: Today on Wealth Without Baystreet, Richard and Jayson discuss how your whole life insurance policy cash value can be protected in Canada with Assuris. As Richard says Assuris is the insurance company for insurance companies. Join us as we take a look into what they do and how it can help you too.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
1:28 Policyholder Protections in Canada
3:33 About Assuris
5:53 The Minimum Requirements
8:47 Non-Profit vs. Private Insurance Companies
9:59 LICAT Ratios
13:59 Regulations For Insurance Companies
19:42 Do They Meet Consumer Demand?
21:49 Business Model of an Insurance Company
26:04 Two Masters of Insurance Companies
ASSURIS Protection:http://assuris.ca/
Assuris Funding: https://assuris.ca/about-us/assuris-funding/
Assuris Past uses:https://assuris.ca/about-us/experts-in-protecting-policyholders/
LICAT - Capital Adequecy: https://www.osfi-bsif.gc.ca/Eng/fi-if/rg-ro/gdn-ort/gl-ld/Pages/LICAT19_index.aspx
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📽️ WATCH THE DOCUMENTARY
Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/
💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/
EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/
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