Guaranteed Issue Life Insurance
Have you ever thought about life insurance, but you were concerned about passing a medical? Now you can have Guaranteed Issue of insurance up to the amount of $35,000.00!
We have 2 plans available.
Alternative
Life Insurance for people up to 80 years of age who have a difficult time getting life insurance. Whether for medical or other reasons.
Fast and Easy
Alternative is a fast and easy way to obtain up to $35,000.00* in life insurance.
- No medical examinations
- No blood tests
- No x-rays
- No electrocardiograms
*The $35,000.00 maximum applies to the total number of Alternative life insurance policies on one life. A $10,000.00 maximum also applies when the insured is under 25 years of age.
Death Benefit
In the case of accidental death, your face amount doubles no matter how many years the contract has been in effect.
If death, other than accidental, occurs within the first 2 years the contract is in force, the benefit paid will be limited to the premiums paid plus 10% interest.
After 2 years, the sum insured is payable IN FULL, REGARDLESS OF THE CAUSE OF DEATH
Two easy payment methods:
- Annually
- Monthly Pre-Authorized Cheque (PAC)
The Coverage:
- The sum insured is guaranteed for life
- Premiums payable for a reduced period according to age at issue
For example:
Age at issue 6 months to 65 years - 20 years
66 - 74 year of age - up to 85 years of age
75 - 80 years of age - 10 years
- Guaranteed premiums and guaranteed premium payment period
- Guaranteed surrender values and guaranteed reduced paid-up insurance (possibility of ceasing premium payments before the determined period is over and obtaining a reduced amount of insurance, guaranteed for life) are available after 4 years of premium payments
- Possibility of loans if required.
Perspective Life Insurance
If you are between 35 and 75 years of age and are looking for life insurance, Perspective offers you eight distinct advantages that have been chosen and adapted to provide you with the best possible protection.
You are fully covered
If you are eligible for Perspective, the full amount of your insurance is payable as soon as your contract takes effect.
The face amount is guaranteed
Regardless of the face amount that you have chosen (between $5,000.00 and $35,000.00), we guarantee that the insurance can never be reduced without your approval.
Your premiums will never increase
As soon as your Perspective policy is issued, we guarantee that your premiums will never increase for as long as you hold the policy, regardless of your future state of health or cost of living increases.
Guaranteed values
Whether it be for surrender values, paid-up insurance, cash loans or an automatic premium loan to pay your premium, your policy contains all of these features after three years of premium payments.
Premium reduction for your spouse
You can take advantage of an annual $30 reduction by insuring your spouse on the same policy.
Double protection in case of accidental death
To minimize the unexpected following an accidental death, your policy contains an "Accidental Death Benefit". Under this coverage, your face amount is doubled automatically if your death is caused by an accident.
Choose the coverage that is right for you
Depending on your needs and budget, you can choose a face amount of $5,000.00 to $35,000.00. The coverage you choose remains the same for your entire life.