| Description |
| Maximum Tax Exempt Premium Amount |
| Type : Currency |
| Definition |
| Max Tax Exempt Premium Amount for the current policy year. In Canada, for UL policies, on each policy anniversary, a yearly maximum premium is calculated. This premium represents the maximum amount that can be deposited to the investment accounts in a given year without the policy losing its tax exempt status. Any excess amounts will be automatically transferred to the policy's transit or side account. |
| Parents |
| LifeCanada |