Fair Market Value of Insurance

Certain transactions involving insurance policies are subject to scrutiny by the CRA. Others may be judged for their validity by the courts. For many years accountants and insurance professionals used the cash surrender value as equivalent to the Fair Market Value. In recent years awareness has grown that there can be a material difference between the two values, and that a valuation by a qualified actuary is required to provide a professional determination of the value.

To obtain a free estimate of the Fair Market Value of your insurance policy please complete the Estimate Request Form