In the realm of financial planning, Life Insurance is often regarded as a safeguarding tool, providing financial support for your family in the event of your untimely demise. However, in Canada, Insurance for life offers more than just protection; it can also be a strategic asset in tax planning. This blog aims to delve into these tax benefits, shedding light on how Insurance for life can play a pivotal role in optimizing your financial strategy. Continue reading to explore this topic further.