The benefits of life insurance shares

To help you gain a clearer picture on the benefits and also potential complications of purchasing insurance on the lives of shareholders, Chartered Professional Accountants of Canada (CPA Canada) is providing you with easy access to this informative article on the topic by Grant Thornton LLP.

Many corporations purchase insurance policies on the lives of their shareholders and name themselves as the beneficiaries. It’s a strategy that offers many advantages to corporations, but if not carried out correctly, it can pose risks.

Gain clarity on this topic so that you can protect your corporate clients by reading “The benefits of life insurance shares.” Published in the organization’s November 2013 Wealth preservation update, it explains how life insurance shares can help corporations avoid unintended negative tax consequences.


Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.

Our Firm Directory allows you to search for Canadian CPA firms using our interactive map as well as other criteria.

You’re in the eye of the storm amid a swirl of slips, forms and receipts. Chart your way through tax-time turbulence with these updates and resources.