Shared Ownership Life Insurance

 Shared ownership life insurance is an advanced planning strategy where two parties share different economic interests in a single permanent life insurance policy.

Typically:

• The corporation is entitled to the death benefit 
• The shareholder or executive is entitled to the cash value and living benefits
   

Each party funds the portion of premium that relates to the benefit they receive.

Shared ownership allows businesses and shareholders to:

• Secure corporate succession or key-person protection 
• Build tax-advantaged policy cash values 
• Allocate premiums efficiently 
• Avoid unintended shareholder benefit issues 
• Support retirement and estate planning objectives
   

When properly structured, it creates a coordinated solution that aligns corporate protection with personal wealth accumulation.

• Professional corporations 
• Partnered firms 
• Buy-sell planning 
• Executive compensation strategies 
• High-income shareholders seeking tax efficiency
   

These arrangements require:

• Actuarial premium allocation 
• Clear legal documentation 
• Fair market value support 
• Tax compliance under Canadian (and cross-border, where applicable) rules
   

Poor structuring can result in taxable benefits or valuation disputes.

We design and support shared ownership arrangements with:

• Independent actuarial analysis 
• Fair market value reporting 
• Tax-sensitive structuring 
• Cross-border expertise
   

We focus exclusively on advanced insurance structures, providing technical depth that general consulting firms typically do not.