Term insurance from ivari provides temporary protection in 10, 20 or 30-year terms with premiums set for the period you choose. It can stand on its own or layer with universal life or critical illness protection.
Term insurance suits people who are young and in good health, offering affordable rates and guaranteed future insurability. It works particularly well for temporary needs, such as covering a mortgage period.
Policies automatically renew at the end of the term. You can convert a term policy to a permanent plan at any point up to the anniversary closest to age 71.
Term 10. Suitable for short-term debt coverage, or for layering with permanent insurance when you need a temporary increase in protection.
Term 20. Appropriate if your coverage needs end around retirement, or when your debts will be paid off.
Term 30 with SelectOptions. Designed for longer-term debt like a mortgage, with automatic renewal at year 30 providing permanent coverage with level premiums to age 100. It includes Select30 to stop premium payments and reduce coverage, SelectLIFE for paid-up lifetime final expense coverage, and SelectVALUE to access policy cash value through surrender or conversion.
With term insurance, you own the policy and you choose the beneficiaries. Mortgage insurance is owned by the bank, with the lender as beneficiary.
Eligible policyholders access Maple’s integrated care program offering 24/7 doctor and nurse practitioner consultations, counselling, cognitive behavioural therapy and wellness coaching.
Find a local advisor in your community who can help you protect what matters and plan for what’s next.