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KEEL MAGAZINE

At Eastport, we aim to be your keel, as on a boat – your point of balance, giving you directional stability. We help you get beyond thinking of money as the deep and unpredictable water you’re in. With our knowledge as your ballast, money can be the body that buoys you, propelling your good and purpose-rich life.

Insurance

Difference Between Revocable & Irrevocable Beneficiary

Difference Between Revocable & Irrevocable Beneficiary

Setting up a life insurance policy isn’t the most straightforward thing. It involves answering numerous questions and really thinking about future goals. While creating a policy, your agent will ask you questions about your health and lifestyle. However, there will also be some out-of-the-ordinary questions such as who to designate as your beneficiaries and whether they will be revocable or irrevocable.

CRA Insurance

True Insurance Value – CRA challenges Capitol dividend amount arising from insurance proceeds

By Kevin Wark

Most insurance advisors are familiar with the benefits of corporate-owned life insurance. To start, it may be "cheaper" to fund the premiums with after-tax corporate dollars rather than using personal funds.

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