07/02/2024
When you have significant wealth to protect, you may need insurance coverage that is above and beyond your primary home, auto or similar policies. An umbrella insurance policy could be one of your main lines of defence in a range of lawsuit possibilities.
“Investments in life insurance policies and/or segregated funds are protected from creditors, so they may be a place to invest excess investment capital”
https://www.morningstar.ca/ca/news/215833/protecting-your-portfolio-from-lawsuits.aspx