ivari

Universal life insurance

Universal life insurance from ivari provides affordable protection you can customize with investment options, riders, death benefit options and flexible coverage.

Is universal life insurance right for you?

Universal life is designed for people who want insurance protection combined with an investment and savings component.

While you are alive: the savings component enables tax-deferred investment growth, which can supplement retirement income or help with disability-related costs.

After you are gone: your beneficiaries receive a tax-free death benefit to secure their future, or to cover taxes and final expenses.

What can you do with your universal life plan?

With built-in savings, a universal life policy provides tax efficiencies while allowing you to:

  • Build assets for your children
  • Help protect your mortgage
  • Add to your retirement income
  • Protect retirement savings against occupational disability or 26 critical illnesses, including long-term care needs

Additional no-cost benefits from ivari

Living Benefits. Disabled policyholders can access fund value tax-free and surrender charge-free, covering disease, injury and 26 critical conditions.

Compassionate Assistance Program. At no cost, terminally ill policyholders with less than 24 months life expectancy can borrow against their death benefit.

Riders

You can customize your coverage with:

  • Critical illness protection, with 4 or 25-condition coverage
  • Level cost of insurance
  • Payor waiver of monthly deductions
  • Children’s insurance
  • Term riders of 10, 20 or 30 years
  • Waiver of planned premiums, and payor waiver of planned premiums
  • Accidental Death and Dismemberment
  • Waiver of monthly deduction

Virtual Care Services by Maple

Eligible policyholders access Maple’s integrated care program featuring on-demand Canadian-licensed doctors and nurse practitioners available 24/7/365, plus counselling and wellness coaching.

Insurance claims

Call 1-800-846-5970 for claims assistance. ivari provides resources and a claims brochure to help your claim be processed quickly.

Advice should feel personal.

Find a local advisor in your community who can help you protect what matters and plan for what’s next.