Main Content

Guaranteed Life ProtectTM is a Permanent Non Participating Guaranteed Issue life insurance product with guaranteed level premiums, guaranteed cash surrender values and reduced paid-up values.

Plan Highlights

  • No medical or lifestyle questions. Smoker and non-smoker rates.
  • Life Insured must be between the ages of 40 – 75 (age nearest) and be a Canadian resident for income tax purposes
  • Lifetime maximum coverage amount based on issue age 
  • If death from natural causes occurs within 24 months of contract taking effect or of reinstatement, death benefit is limited to premiums paid during the 24 month period, without interest.
  • If death due to an accident occurs within 24 months of contract taking effect or of reinstatement, we pay the face amount of the policy (some restrictions apply)
  • If death from any cause occurs on or after the 2nd anniversary of contract taking effect or of reinstatement, we pay the face amount of the policy