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GLP (1)

We are pleased to announce that we are increasing the maximum Life insurance coverage amount on our non-participating, guaranteed issue, permanent life insurance product Guaranteed Life ProtectTM to $50,000 for ages 51 to 75 on both Fast & Full and paper applications.

 

Now, all ages from 40 to 75 will have the same maximum coverage amount of $50,000, making it simpler for you to recommend the right solution to your clients.

As a reminder, Guaranteed Life Protect is a permanent, non-participating whole life insurance with guaranteed level premium rates and is ideal for clients who have trouble being approved for fully underwritten life insurance coverage. 

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Features include:

  • Lifetime protection fully paid up at age 95
  • Guaranteed Level Premiums
  • Guaranteed Cash Surrender Values starting at the 5th policy anniversary
  • Reduced paid-up values starting at the 8th policy anniversary
  • No medical exam needed

Please note that GLP coverage amounts in excess of $25,000 for ages 51 to 75 can only be illustrated on our new eVision Insurance Illustrator™.

Information Circular
Learn more about GLP

 

 

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FOR ADVISOR USE ONLY - NOT FOR DISTRIBUTION TO THE PUBLIC.

The information in this document is for general information purposes only and is subject to change without prior notice. Empire Life assumes no responsibility for any reliance made on or any inaccuracy in the information contained in this document.

 

Policies are issued by The Empire Life Insurance Company.

 

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The Empire Life Insurance Company
259 King Street East, Kingston Ontario K7L 3A8
1 877 548-1881
info@empire.ca - www.empire.ca
8:30 am to 5:00 pm, EST weekdays

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