Life Insurance conversion
You may convert some or all of your employee term life insurance to the following individual life insurance plans. Price depends on age, and amount of insurance, so please call 416 221 1870 for a quote.
You may convert some or all of your employee term life insurance to the following individual life insurance plans. Price depends on age, and amount of insurance, so please call 416 221 1870 for a quote.
✓ Coverage remains in force for one year, then expires
✓ One year Term is convertible to permanent insurance within the first year
✓ Buy this policy IF: a) You’re unsure if you will quality for medically underwritten insurance (which is better value).
or b) if You will likely need insurance past the age of 65. In which case you will convert this 1 year term to permanent.
✓ Coverage remains in force until age 65, then expires
✓ Not convertible to permanent insurance
✓ Buy this policy IF: a) You have medical conditions and are uninsurible.
or b) if you only need insurance until age 65
✓ Coverage stays in force for entire life
✓ Policy accumulates cash value on an annual basis, and death benefit typically increase over time.
✓ Buy this policy IF: a) You have medical conditions and are uninsurible.
And b) if your insurance needs are permanent in nature
✓ Coverage remains in force for one year, then expires
✓ One year Term is convertible to permanent insurance within the first year
✓ Buy this policy IF: a) You’re unsure if you will quality for medically underwritten insurance (which is better value).
or b) if You will likely need insurance past the age of 65. In which case you will convert this 1 year term to permanent.
✓ Coverage remains in force until age 65, then expires
✓ Term to age 65 is not convertible to permanent insurance
✓ Buy this policy IF: a) You have medical conditions and are uninsurible.
And b) if you only need insurance until age 65
✓ Coverage stays in force for entire life
✓ Policy accumulates cash value on an annual basis, and death benefit typically increase over time.
✓ Buy this policy IF: a) You have medical conditions and are uninsurible.
And b) if your insurance needs are permanent in nature
✓ Coverage remains in force for one year, then expires
✓ One year Term is convertible to permanent insurance within the first year
✓ Buy this policy IF: a) You’re unsure if you will quality for medically underwritten insurance (which is better value).
or b) if You will likely need insurance past the age of 65. In which case you will convert this 1 year term to permanent.
✓ Coverage remains in force until age 65, then expires
✓ Term to age 65 is not convertible to permanent insurance
✓ Buy this policy IF: a) You have medical conditions and are uninsurible.
And b) if you only need insurance until age 65
✓ Coverage stays in force for entire life
✓ Policy accumulates cash value on an annual basis, and death benefit typically increase over time.
✓ Buy this policy IF: a) You have medical conditions and are uninsurible.
And b) if your insurance needs are permanent in nature