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Irrevocable Life Insurance Beneficiary not so “Untouchable”

Helpful Tips, Insurance

Family on Bridge

An "irrevocable life insurance beneficiary" refers to a person that is designated to receive life insurance benefits from a life insurance policy or segregated fund contract where that designation cannot be changed without that person’s consent, and on the death of the life insured the benefits do not form part of the owner’s (if he/she is the life insured) estate. This is set out in the Insurance Act. 

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Amber Sinha - Off the Cuff

Investments, Off the Cuff

Amber Sinha launches the first of our “Off the Cuff” video commentaries with his thoughts on Japan.

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