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LYLI Book

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LIVE YOUR LIFE INSURANCE – CANADIAN EDITION

“Live Your Life Insurance – Canadian Edition” is the Canadian version of the original book of the same name written by Kim Butler. The book has been adapted to fit our Canadians laws, especially when it comes to taxation, and will show you exactly how you can take advantage of one of the most common, but misunderstood, financial tools.

In it, you’ll discover exactly how you can use your life insurance to benefit you while you are alive — and help you build financial security.

In addition, it will reveal ways to make the best of your policy no matter what age you are. Most people don’t realize what a powerful tool they have in their life insurance policies — this book will be your guide.

BUY “LIVE YOUR LIFE INSURANCE – CANADIAN EDITION”
Schedule a Phone Call

CO-AUTHORS OF THE BOOK

ANTOINE REMPP is a Certified Executor Advisor, a Certified Cash Flow Specialist and a Pioneer for the Infinite Banking Concept® in Canada. Owner of Rempp Financial, he co-authored the bestselling book “The Wealthy Physician – Canadian Edition”, and created the online platform IBCforCanadians.ca.
Engineer by trade before joining the financial industry, he reviewed the tools and strategies currently available on the market and is convinced that the approach described in this book is the most efficient way to grow and protect his and his clients’ wealth.

KIM BUTLER is not your “typical financial planner.” Founder of Partners for Prosperity, LLC., a federally Registered Investment Advisory Firm that works with clients in all 50 states, Kim is a leader in the Prosperity Economics Movement.

She is also the author of Busting the Retirement Lies and Busting the Financial Planning Lies.
Kim’s identification and articulation of the Seven Principles of Prosperity has changed the way that thousands of people think about their finances and create freedom as well as wealth.

DOUGLAS GUEST obtained a Finance degree from McGill University, graduated from the Private Wealth Management Program at Wharton School of Business and is a fully licensed life insurance advisor. Having owned a Participating Whole Life policy for 15 years, Douglas provides a unique perspective on Whole Life Insurance.
His ultimate goal is to help individuals achieve their dreams in life and to allow people’s finances to work for them rather than seeing people spend their whole lives working to support their finances.

BUY “LIVE YOUR LIFE INSURANCE – CANADIAN EDITION”
“Why give your money away to governments, banks, and insurance companies that only like to take money out of your pockets? Now is time to take action and make smart decisions that will last your whole life. Learn to live your life insurance rather than wait until you’re gone and leave nothing for your family to have a better life.”
Real Chartrand, Business Owner & Sophisticated Investor
“On reading this book, hopefully people will see the tremendous potential benefits of Whole Life insurance instead of thinking of insurance as an expense. Among the various strategies for accessing the funds and living your life insurance, I found the “Family Bank” section very powerful, especially when it comes to family wealth transfer. Truly, if families would just start following the concept described herein, how much better off would all the generations be!
Thanks again for sharing. This is a book that I will feel very comfortable using to help educate advisors on the values and benefits of Whole Life insurance.”
Grace Kallal, CFP, CLU, CHFC, CSA. – Equitable Life of Canada
Live Your Life Insurance – Canadian Edition makes you wonder why an entire generation of financial advisors (who have been lulled into complacency about the risks to which they expose their clients), aren’t considering the everyday uses of Whole Life insurance and the guarantees to which this unique product offers. While having many applications for its uses, Butler, Guest and Rempp show us how one dollar can do multiple jobs – and are mystified why we are letting our dollars do only one job. While “Cascading Life Insurance” has been used by the wealthy for generations as a way to pass on wealth, it’s easy to see why more and more Canadians are tossing the idea of ‘buying term and investing the difference’.
I’ve had the honour of sitting and studying with all three authors in the same room. In person, they are all engaging, practical, patient and highly insightful, all with unique views on how to Live Your Life Insurance. This book will make you want to race out and put your dollars to better use.”
Will Moran, MA, HBA, CLU -- Moran Financial Inc.
“Wow, Kim Butler has nailed it. A recognized expert in creative Life Insurance Strategies, Kim has provided us with a comprehensive, understandable yet simplified explanation of how to use a somewhat misunderstood product that has been around for over 200 years. Imagine a book that teaches you how to use life insurance while you are alive? What a concept! Filling a void on the Canadian bookshelves, Antoine Rempp and Douglas Guest have Canadianized this amazing book. This book is a must read for anyone who has been disillusioned with the typical Financial Planning process based on assumptions and projections with no guaranteed results. Live Your Life Insurance – Canadian Edition is one of the best I have ever read.”
Allan L Johnson, Financial Advisor, Author, CCS™
Live Your Life Insurance – Canadian Edition is one of the most insightful reads when it comes to the lost value of Whole Life insurance. The clarity of the information and the case stories (as opposed to case studies) make it easily comprehensible for the layman, but full of marvelous concepts and strategies for the professional.
A must read for every Canadian trying to save and still get a decent return on their money. Best line: Retiree License Plate – I’m spending my kids inheritance and giving it to them too! Live Your Life Insurance shows you how.
It made me a complete Par Whole Life convert. Well done!
Randy McCord, Executive Business Director at NBBN, Private Market Specialist with Pinnacle Wealth Brokers
From all I’ve read on the subject, Live Your Life Insurance – Canadian Edition is my favorite book so far. I love it! It explains the concept in a very informative and easy to understand manner. Shortly after I was introduced to it, I purchased five Whole Life policies on my kids and grand-kids. After only two years of funding these into my “Family Bank”, I had enough cash value in them to purchase a brand new truck, sell it to one of my businesses, and have the payments with interest paid back to my “bank”. Anyone can do it.
With the series of these policies, I will leave a legacy to my family for generations to come. It is truly the best financial advice I have ever had and is also very easy to use. I recommend this book to any new parents, so that they can start their own banks for themselves and their children. This would be one of the smartest investment of their lives.
Why give your money away to governments, banks, and insurance companies that only like to take money out of your pockets? Now is time to take action and make smart decisions that will last your whole life. Learn to live your life insurance rather than wait until you’re gone and leave nothing for your family to have a better life.
Real Chartrand, Business Owner & Sophisticated Investor
We founded our company Game Changers because we believe entrepreneurs should be able to follow the dreams of their heart. Through getting to know Douglas Guest, and becoming close friends with him, we realized how we have the same passions. He is passionate about people living their passions without having to worry about money. We have discussed that unfortunately, all too often money can get in the way of peoples dreams. Live Your Life Insurance – Canadian Edition outlines a financial tool in Whole Life insurance that really allows its owners to Live Their Lives regardless of any business ambitions. It’s just too bad how many people don’t even know of its existence.
Imagine all of the possibilities that life can hold when you don’t have to worry about your finances. You are free to pursue your dreams and see where life takes you. A financial tool to empower one’s own life. Love it.
Christan Hiscock & Jordan Sickel, Founders of Game Changers Inc & Connect Cafés

Relevant Articles

Financial articles that will help you grow your understanding of money and wealth building.

Automatic Premium Loan – APL

The Automatic Premium Loan is the most commonly used of the built-in "Non-Forfeiture Clauses" (see “Non-Forfeiture Clauses”) within a Whole Life insurance policy.  The APL ensures that the client’s policy doesn’t lapse or get cancelled, [...]

By |January 18th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments

Adjusted Cost Basis – ACB

The Adjusted Cost Basis of a policy is a number used for income tax purposes.  The significance of the ACB to most clients is that it quantifies the amount of cash that can be borrowed [...]

By |January 18th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments

Additional Deposit – Overfunding

Additional Deposit is an option that can help grow your policy faster and more efficiently.  It allows you to purchase additional paid-up insurance over and above the Paid-Up Additions purchased by policy dividends.  This process [...]

By |January 14th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments

Absolute Assignment – also known as “Policy Transfer”

When you are looking to transfer the ownership of your Whole Life insurance policy to someone else, it is done through an “Absolute Assignment”.  We often think of life insurance as a tool to transfer [...]

By |January 13th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments

LIVE YOUR LIFE INSURANCE – CANADIAN EDITION

“Live Your Life Insurance – Canadian Edition” is the Canadian version of the original book of the same name written by Kim Butler. The book has been adapted to fit our Canadians laws, especially when it comes to taxation, and will show you exactly how you can take advantage of one of the most common, but misunderstood, financial tools.

In it, you’ll discover exactly how you can use your life insurance to benefit you while you are alive — and help you build financial security.

In addition, it will reveal ways to make the best of your policy no matter what age you are. Most people don’t realize what a powerful tool they have in their life insurance policies — this book will be your guide.

BUY “LIVE YOUR LIFE INSURANCE – CANADIAN EDITION”
Schedule a Phone Call

CO-AUTHORS OF THE BOOK

ANTOINE REMPP is a Certified Executor Advisor, a Certified Cash Flow Specialist and a Pioneer for the Infinite Banking Concept® in Canada. Owner of Rempp Financial, he co-authored the bestselling book “The Wealthy Physician – Canadian Edition”, and created the online platform IBCforCanadians.ca.
Engineer by trade before joining the financial industry, he reviewed the tools and strategies currently available on the market and is convinced that the approach described in this book is the most efficient way to grow and protect his and his clients’ wealth.

KIM BUTLER is not your “typical financial planner.” Founder of Partners for Prosperity, LLC., a federally Registered Investment Advisory Firm that works with clients in all 50 states, Kim is a leader in the Prosperity Economics Movement.

She is also the author of Busting the Retirement Lies and Busting the Financial Planning Lies.
Kim’s identification and articulation of the Seven Principles of Prosperity has changed the way that thousands of people think about their finances and create freedom as well as wealth.

DOUGLAS GUEST obtained a Finance degree from McGill University, graduated from the Private Wealth Management Program at Wharton School of Business and is a fully licensed life insurance advisor. Having owned a Participating Whole Life policy for 15 years, Douglas provides a unique perspective on Whole Life Insurance.
His ultimate goal is to help individuals achieve their dreams in life and to allow people’s finances to work for them rather than seeing people spend their whole lives working to support their finances.

BUY “LIVE YOUR LIFE INSURANCE – CANADIAN EDITION”

Policy Loan

Policy Loans are the preferred way to access money from your Whole Life insurance policy.  By accessing your money through policy loans (as opposed to cash withdrawals), you allow the policy to continue to grow [...]

By |January 18th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments

Participating (PAR) Whole Life Insurance

There are different forms of Whole Life insurance serving different purposes.  Participating (PAR) Whole Life insurance is a type of insurance that shares in the profits of the policyholders, through a policy dividend.  In the [...]

By |January 18th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments

Partial Surrender/Disposition

A partial surrender is the term used to describe withdrawing cash out of the policy as a direct “cash withdrawal” (see ”Cash Withdrawal”).  Its name comes from the fact that you are surrendering a little [...]

By |January 18th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments

Paid-Up Additions – PUA

    This is the policy dividend option that we recommend to enable all of the options and concepts in this book.  You could choose a different policy dividend option, but in doing so, you [...]

By |January 18th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments

Opportunity cost

  Opportunity cost is what you lose when you let dollars go unnecessarily to a financial institution (possibly in the form of fees), the government (possibly in the form of income taxes), or any third [...]

By |January 18th, 2018|Categories: Live Your Life Insurance - Book Index|0 Comments
“Why give your money away to governments, banks, and insurance companies that only like to take money out of your pockets? Now is time to take action and make smart decisions that will last your whole life. Learn to live your life insurance rather than wait until you’re gone and leave nothing for your family to have a better life.”
Real Chartrand, Business Owner & Sophisticated Investor