Participating Life Insurance
This policy shares in some of the gains and losses of the insurer’s participating account. Often the policyholder is entitled to a return on investment in the form of a dividend. These dividends can be used to buy more coverage, reduce your annual premium, or earn interest inside the plan, or be taken as cash. Dividends are not guaranteed.
Services
Life Insurance
Protects the financial security of your loved ones, by giving them a tax-free payment upon your death.
Term Life Insurance
Term Life Insurance provides coverage to meet a temporary need. Provides a level amount of insurance with a premium that increases at various time periods (e.g. 10 years).
Permanent Life Insurance
Permanent Life Insurance provides coverage for your entire life. It provides a tax-free payment to a named beneficiary.
Participating Life Insurance
This policy shares in some of the gains and losses of the insurer (e.g. interest earnings, operating expenses and mortality experience).
Universal Life Insurance
A type of permanent life insurance that combines protection and savings. Key feature is its flexibility
Disability
Designed to replace a portion of your income if you become disabled and are unable to earn an income.
Critical Illness
Pays out a lump sum tax free payment upon diagnosis of a critical illness – such as cancer, stroke or heart attack.
Health Insurance
Personal health insurance provides coverage for health-related expenses not covered by your provincial plan.
