Not a pension firm that does insurance.
Insurance is all we do.
Actuarial Insurance Consulting
Not a pension firm that does insurance.
Insurance is all we do.
Actuarial Insurance Consulting
Fair Market Value
Cross Border USA - 7702 and 7702A Test
Shared Ownership Critical Illness
We have valued over $1 billion dollars worth of life insurance policies.
The efficiency of our process allows us to offer you a FREE estimate of the value of your policy. Other firms will charge several hundred dollars for the estimate alone, and additional fees for the full report.
Shared Ownership Critical Illness
Cross Border USA - 7702 and 7702A Test
Shared Ownership Critical Illness
Shared Ownership of Critical Illness policies is offered by most insurance companies. But is the premium split correct? Are you putting your clients at risk?
We will provide an actuarial determination of the correct split, ensuring no taxable benefit to the shareholder.
Cross Border USA - 7702 and 7702A Test
Cross Border USA - 7702 and 7702A Test
Cross Border USA - 7702 and 7702A Test
For US policies, insurers are responsible for compliance with §7702. For Canadian and other foreign policies, compliance with §7702 rests with the policy owner.
Anyone subject to US taxation, due to citizenship or residency, who owns a non-US life insurance policy, is responsible for §7702 compliance.
Cross Border Canada - Exempt Test
Cross Border USA - 7702 and 7702A Test
Cross Border USA - 7702 and 7702A Test
For policies issued by non-Canadian companies, compliance with the exempt test rests with the policy owner. If the policy is found to be non-exempt, the policy is subject to taxation on investment gains. Anyone subject to Canadian taxation, who owns a non-Canadian life insurance policy, is responsible for exempt test compliance.