Home Breadcrumb caret Tax Breadcrumb caret Estate Planning Breadcrumb caret Insurance Breadcrumb caret Life Article series: Tax and insurance A full list of articles in this series by Kevin Wark By Staff | May 11, 2018 | Last updated on May 11, 2018 1 min read © Jakub Jirsak / 123RF Stock Photo This series on tax and insurance is written by Kevin Wark, managing partner at Integrated Estate Solutions in Toronto. Topics are as follows: Part one—general tax attributes of life insurance Part two—transactions resulting in a policy disposition, and how the proceeds and policy gain are determined Part three—adjusted cost basis (ACB) of an insurance policy and how it’s determined Part four—how the net cost of pure insurance (NCPI) is calculated, and its impact on an insurance policy’s ACB and the collateral insurance deduction Part five—collateral insurance deduction, including when it can be claimed and how it’s determined Part six—how life insurance cash values can be accessed by a policyholder through a policy loan Part seven—specific transactions involving policy loans and their tax treatments Part eight—tips and traps with immediate leveraged insurance Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo