As a Barbados insurance company, we benefit from a network of tax treaties that generally reduce or eliminate capital gains taxes and withholding taxes on interest, dividends and other income, thereby increasing the after-tax return on policy proceeds.
In addition, each policy is structured to minimize or eliminate taxes on the accumulated fund and death benefit to the extent permitted by the laws of your country of residence. The VUL is therefore a powerful tool that allows you to achieve your tax and estate planning objectives.