Fair Market Value Actuarial Report

Life, disability and critical illness insurance

Preparation of official actuarial reports to assess the Fair Market Value (FMV) of insurance policies.

Competitive pricing

Our pricing is competitive and transparent. All services are offered at a fixed rate, with an automatic discount applied to cases involving more than one insurance policy.

Pricing

Quick and simple

We will clearly outline the information and documents required to prepare the Fair Market Value (FMV) report. For urgent cases, your request will be handled with priority at no additional cost.

Request a Valuation

Policies covered

Universal life​
Whole life
Participating Whole life (PAR)
Term life
Critical illness​
Disability​

Why evaluate your insurance policy’s Fair Market Value (FMV)?

The Fair Market Value (FMV) assessment of an insurance policy is required in various situations, typically for tax or transactional purposes:

Policy transfer

When transferring an insurance policy (for example, from yourself to your company or vice versa), the Fair Market Value (FMV) of the policy is often required for tax purposes.

Share sale or buyback

When a company owns the insurance policy, determining its Fair Market Value (FMV) allows for a more equitable negotiation of the sale or buyback of the company’s shares.

Divorce or separation

An insurance policy may be considered an asset to be divided during a divorce. An actuarial report helps confirm the true value of the policy.

Cancellation, conversion or renewal

Not sure sure whether to cancel, convert, or renew your insurance policy? A Fair Market Value (FMV) assessment can help you make an informed decision.

Charitable donation of a life insurance policy​

The value of the insurance policy is required in order for a tax receipt to be issued by the charity receiving the donated policy.

Third-party opinion on the value or returns of a policy​​

Are you unsure of the true value of an insurance policy for which you pay high premiums—sometimes for life? An independent Fair Market Value (FMV) analysis by an actuary gives you an accurate picture.

What information is required to prepare an actuarial Fair Market Value (FMV) report?

1.

1. Copy of the policy

We need to confirm the insured amount, the premiums, and the type of death benefit under the life insurance policy, among other details.

3.

2. Details of the insured

Date of birth, smoker or non-smoker status, sex, and current health condition. If there are health issues, an independent underwriting assessment may be required.

2.

3. Current statement provided by insurer or broker

This statement will notably allow us to confirm the current value of the investment accounts and/or the cash surrender value (if applicable).

4.

Additional information for participating life insurance policies

For a participating life insurance policy, a, in-force illustration using both the regular and reduced dividend scale will be required.

5.

Additional information for term life insurance policies

For term life insurance, we will need details of the renewal premiums as well as the premium payment frequency (annual or monthly).

6.

Additional information for critical illness policies

For critical illness insurance, you will need to provide the riders and the premium breakdown with the cost of each rider, as well as the terms of any split dollar agreement (if applicable).

We will specify exactly which documents are required when you submit your service request. If any information is missing, we will contact you or your advisor (broker, accountant, or tax specialist).

Pricing

See all pricing details

Our company in a few numbers

4000+ policies

Number of insurance policies for which we have prepared an actuarial Fair Market Value report.

$750+ million

Total Fair Market Value of the insurance policies assessed by Brigitte Breton Solutions.

2008

Year in which Brigitte Breton Solutions was founded.

0 times

Number of times the Fair Market Value of an insurance policy assessed by Brigitte Breton Solutions was challenged by tax authorities.

Do you have questions about our services?​

We will gladly provide more information on our services and how we can help.

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