www.TAX FREE MONEY. info
Getting the most tax free dollars from your Group and 
Corporate insurance Program
 
Ken Armstrong 
Insurance & Financial Services
Milton, Ontario 
905-878-0951
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Scott is concerned for his health

 Scott is a 40 year single person who has no dependents, owns his home with a $100,000 debt comprised of mortgage, line of credit and car loans.  HIs major concern is only for his health should he end up having, a stroke, heart attack, cancer, etc.  Since he has enough equity in his home and enough group life insurance coverage through work, his estate would not have any problems financially if he were to die.  He would like to be in a position if he were to have an critical illness that enough  tax free dollars  are available to pay off his debts and he could live comfortably on his disability income from his employer.  He has seen many friends in the same situation not be able to survive on just their disability income insurance.
Click here to determine your need for tax free dollars in the event of a critical illness.
 
Year
Monthly Deposit into account
 Tax Free Dollars Required
Tax Free Dollars to Estate
Tax Free Dollars to Scott*
1
102.24
$100,000
$1,136
2
102.24
$100,000
$2,272
3
102.24
$100.000
$3,408
4
102.24
$100,000
$4,544
5
102.24
$100,000
$5,680
6 -10
102.24
$100,000
$11,360
$8,520*
11-15
102.24
$100,000
$17,040
$12,870*
16-20
102.24
$100,000
$22,720
$17,040*
21-25
102.24
$100,000
$28,400
$21,300*

* Should Scott wish to discontinue his coverage or not require the tax free dollars in the future he can request a refund of 75% of his deposits,  or 100% return of his deposits tax free @ age 75