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Retirement Planning with GIF 100/100Business owners who need insurance to � Fund a buy-sell agreement between partners of the company. � Cover the loss of a key employee such as an individual. The insured retirement strategy enables John to build a pool of non-registered assets in a tax-sheltered environment, while providing life insurance protection. Permanent life insurance is a flexible planning tool that contains both insurance and investment components. Due to this flexibility, this type of product.