Life and Health Insurance

Loan insurance with Term Plus: an essential protection for many of your clients

Mortgage season is the best time to talk to your clients about loan insurance solution with Term Plus.

In addition, did you know that the household debt has hit a record high in the second quarter of 2016: Canadians now owe nearly $1.68 for every $1 in disposable income they earn in a year¹. This fact highlights the fact that there is a need for financial planning services: will your clients be able to cover their debts in the event of a premature death, a disability, or a critical illness?

Your existing or prospective clients would benefit from learning about available insurance solutions; this is where you come in, working with them to build a solid financial plan. A great opportunity to grow your business while protecting and servicing your clients.

 

OUR LOAN INSURANCE SOLUTION WITH TERM PLUS

Our loan insurance solution with Term Plus offers a comprehensive solution that covers a mortgage loan, line of credit or any other personal or business loan. Your client’s loans can be covered under one single insurance policy. Our Term Plus life insurance combined with a disability and critical illness riders makes for an all-in-one, affordable insurance option.

 

DISCOVER HOW YOUR CLIENTS BENEFIT

• All-in-one insurance coverage to help protect against everyday risks such as premature death, disability or critical illness
• Flexible term options – 10, 15, 20, 25, 30 or 35 year terms, with a decreasing or level insurance amount
• Option to add a disability insurance rider to help meet loan related financial commitments in the event of a disability
• A highly affordable $20,000 critical illness coverage that is automatically granted when Term Plus life insurance is approved at a standard rate (life underwriting only)
• Preferred life underwriting starting at $250,000 rewarding a healthy lifestyle
• Flexibility to cover all loans under one single insurance policy with just one policy fee
• Life and disability insurance amounts may be increased without evidence of insurability, allowing your clients to better meet their changing needs
• Possibility to get a family coverage by adding life insurance for children
• Option to combine our loan insurance solution with whole life, critical illness and term life insurance products for a more comprehensive protection

 

Consult our Illustration Software for additional product information and rates. Reach out to new and existing clients with the help of our promotional insert.

 

¹ CBC News, Canadian key household debt ratio hits record high, September 15, 2016