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Home/Who We Help/Insurance For High-Net-Worth Individuals
( 01 )Who We Help

For high-net-worth families —wealth changes the questions insurance answers.

Past a certain point, insurance stops being about replacing income and starts being about moving wealth: funding the estate’s tax bill, growing long-horizon capital tax-advantaged, and delivering defined amounts to the right hands — quietly, quickly, and generally tax-free.

( 02 )The HNW Difference

You don't need protection from bad luck — but from friction.

High-net-worth estates fail differently. The risk isn't that the family runs out of money; it's that taxes, probate, timing, and disputes quietly consume a meaningful share of what took a lifetime to build. Insurance, at this level, is friction engineering: pre-funding the known costs and hard-wiring the intended outcomes.

The deemed disposition at death is usually the anchor problem. Appreciated portfolios, real estate, and private company shares generate a tax bill that arrives when assets are hardest to sell well. A permanent policy sized to the projection converts that uncertainty into a fixed, often discounted, pre-funded cost.

Insurance is also one of the few remaining tax-advantaged environments for long-horizon capital: cash value inside an exempt policy can grow without annual taxation within limits prescribed by the Income Tax Act, and the death benefit is generally received tax-free — a combination taxable portfolios cannot replicate for transfer-oriented wealth.

Tanya's high-net-worth work is deliberately collaborative and deliberately unhurried: modelled in your real numbers, coordinated with your accountant, lawyer, and portfolio manager, and explained until the strategy is genuinely yours.

Strategies for affluent families interact with tax law, family law, and existing estate documents. All outcomes described are subject to policy contracts, CRA rules, and your personal circumstances — and are implemented only alongside your professional advisors.
( 03 )The HNW Toolkit

Four jobs insurance does for substantial estates.

( i )

Estate tax liquidity

A defined, generally tax-free amount arriving precisely when the deemed disposition and estate costs come due — no forced sales, no bad timing.

( ii )

Tax-advantaged accumulation

Exempt permanent policies as a long-horizon asset class: growth without annual taxation within Income Tax Act limits, for capital already destined for the next generation.

( iii )

Probate-efficient transfer

Named-beneficiary proceeds generally bypass the estate — private, prompt, and outside probate on those amounts in most circumstances.

( iv )

Legacy precision

Defined amounts to specific people or causes — equalizing heirs, providing for blended families, or endowing philanthropy without reducing the children’s inheritance.

( 04 )The Comparison That Matters

Insurance versus the taxable alternative.

The taxable path

Transfer-oriented capital grows in a taxable portfolio, is taxed annually along the way, taxed again at death, then probated. Every stage leaks.

The insurance path

The same capital funds an exempt policy: tax-advantaged growth within prescribed limits, a generally tax-free benefit, and probate bypass through named beneficiaries.

The honest test

Tanya models both paths, after all taxes and costs, at your life expectancy and beyond. If insurance doesn't win for your goals, she'll say so — in writing.

For families across Alberta, BC, and Ontario, this single comparison — run honestly, in real numbers — is often the most valuable hour of estate planning they ever do.

( 05 )Common Scenarios

Families Tanya builds for.

I

The appreciated portfolio

Eight figures across markets and real estate, with a projected seven-figure tax bill at second death. A joint last-to-die policy pre-funds the liability for cents on the dollar of its eventual cost.

II

The multi-property family

A principal residence, an Okanagan lake house, and a Toronto condo — each with different tax and emotional stakes. Insurance funds the gains tax on the keepers so no heir is forced to sell what the family loves.

III

The quiet philanthropist

A donor endows her foundation through a policy — a transformational future gift, potential tax credits for the estate, and the children's inheritance fully intact.

IV

The blended estate

Defined, named-beneficiary amounts for children of a first marriage; the will governs the rest. Certainty for everyone, litigation for no one.

( 06 )Common Questions

HNW insurance planning, answered plainly.

We're already wealthy — why would we need insurance?+
At this level insurance isn't need-based, it's efficiency-based: it's frequently the lowest-cost way to fund a known future liability (the estate's tax bill) and one of the few tax-advantaged environments left for transfer-oriented capital. The question isn't whether you can afford the taxes — it's whether pre-funding them for less makes better math. Usually it does; the model decides.
What is a joint last-to-die policy?+
Coverage on two lives — typically spouses — that pays at the second death, which is when the largest deemed-disposition tax usually lands. Because it insures the second death, pricing is generally more efficient than two individual policies, making it the standard architecture for estate tax funding.
How does the exempt test affect large policies?+
The Income Tax Act limits how much cash value can accumulate tax-advantaged relative to the coverage. Large policies are engineered to those limits — maximizing the tax-advantaged room while keeping the policy exempt. Tanya's illustrations show precisely how a design uses that room, and what's guaranteed versus projected.
Will this conflict with my existing estate plan?+
It shouldn't — it should fund it. Tanya coordinates directly with your lawyer on wills, trusts, and designations, and with your accountant on the tax projection, so the insurance slots into the architecture you already have rather than competing with it.
How private is an insurance-based transfer?+
Proceeds to named beneficiaries pass outside the will in most circumstances — no probate filing on those amounts, no public record of who received what. For families who value discretion, it's one of insurance's most underrated features.
( 07 )Where Families Work With Tanya

Discreet, independent advice, across three provinces.

Tanya serves high-net-worth individuals and families throughout Alberta — including Calgary, Edmonton, and Grande Prairie — across British Columbia, including Vancouver, West Vancouver, Victoria, and Kelowna, and throughout Ontario, including Toronto, Oakville, Ottawa, and Mississauga.

legacy
( 08 )Begin The Conversation

Run the comparison your estate deserves.

Insurance versus the taxable alternative, in your numbers, after every tax and cost — one meeting, one honest answer.

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()Book Your Consultation

Choose a time. The strategy hour is on Tanya.

Pick any open slot — the calendar is live. One relaxed, plain-language conversation about what you've built and what you want it to do. No cost, no obligation, no pressure.

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Licensing & Regulation. Tanya Michel is a licensed insurance broker serving clients in Alberta (regulated by the Alberta Insurance Council — Licence # [confirm]), British Columbia (regulated by the Insurance Council of British Columbia — Licence # [confirm]), and Ontario (regulated by the Financial Services Regulatory Authority of Ontario — Licence # [confirm]). Insurance products are issued by Canadian life insurance companies; features, values, and guarantees are governed by the terms of each policy contract. Tax outcomes depend on your personal circumstances and current legislation — always consult your accountant, lawyer, or tax professional before acting.