Term | Whole Life | Universal Life Insurance

Universal Life insurance-Insurance and Investments

Insurance and Investments. Universal Life insurance is a combination of two parts: life insurance and an investment account.You decide what to do with each part, so you can put together a product that fits your needs and goals. Both premiums (payments) and benefits are flexible. Your payments can be used to buy life insurance and […]

Term 30 R & C – Plan Description

Term 30 R & C – Plan Description Preferred ($250,000 – $5,000,000) Non-Preferred ($50,000 – $249,999) 30 Year R&C Term is a non-participating guaranteed renewable and convertible plan. The premiums are guaranteed and remain level for a thirty year period. The policy can be renewed (without evidence of insurability) for subsequent 30-year periods. It is […]

Term to 100 – Plan Description

Term to 100 offers guaranteed lifetime protection with premiums payable to age 100. At the end of the tenth policy year there is a Return of Premium Option (see Cash Values section). The plan is available on a Joint First and Last to Die basis. ISSUE AGES 20 – 70 POLICY MINIMUMS Band A: $100,000 […]

Term 10 R & C – Plan Description

Term 10 R & C – Plan Description Preferred – $250,000 – $5,000,000 Non-Preferred – $100,000 – $249,999  10 Year R&C Term is a non-participating guaranteed renewable and convertible plan.  The premiums are guaranteed and remain level for a ten year period.  The policy can be renewed (without evidence of insurability) for subsequent 10-year periods.  […]

Child Term Rider

Child Term Rider – Plan Description The Child’s Term Benefit Rider may be added to any Life policy. This rider will provide life insurance coverage for the child, stepchild or legally adopted children of the Life Insured. This is available at ages 0 through 16 with the coverage running to age 21 for each insured, […]

Life insurance a better alternative to mortgage insurance

Canada residents looking to wrap up new home purchases might find that life insurance is a more flexible and less pricey alternative to mortgage insurance obtained through a bank. While most agree it makes sense to cover large debts with insurance, some argue when it comes to mortgages, most consumers treat it as an afterthought […]