UL Insurance is a mutual insurance company serving Quebecers since 1889. The company has also been present in Ontario and New Brunswick since 2004. UL Insurance’s financial condition is the envy of its rivals and its success is mainly thanks to its sound business management and a solid network of over 2,000 independent financial security advisors.
UL Insurance distributes products that include medically underwritten life insurance, no medical life insurance, critical illness insurance as well as savings and retirement investment products. The company also offers solutions in the field of group insurance.
UL Insurance’s image is one of stability, durability and avant-gardism. It remains one of the last of Canada’s mutual insurance companies and its members have voting rights at its general meetings, as well as the right to elect its board of directors.
UL Insurance is a member of Assuris, which administers a guarantee fund established to protect policyholders in the event that their life insurance company should fail.
Though LSM Insurance is not directly affiliated to this insurer, our experienced life insurance brokers have access to the products and quotes from UV Insurance, along with over 20 other Canadian insurers offering products such as a: term life insurance[AS1] quote, whole life insurance quote, universal life insurance quote, disability insurance quote, critical illness insurance quote, no medical life insurance quote, long-term care insurance quote, group benefits and more.
UV Insurance’s simplified and guaranteed life insurance products have some unique features. Here is a brief overview of coverages and types offered by these products. You can find out more about UV Insurance’ instant simplified life insurance, express simplified life insurance, and guaranteed life insurance by clicking the corresponding links.
Here is a quick product comparison.
| Products/Types of issue | Guaranteed | Instant | Express | Regular underwriting |
| Term life (10/20/30) | N/A | N/A | $50,001 – $150,000 | $150,001 to 2M$ |
| Permanent Life | $5,000 – $25,000 | $25,001 – $50,000 | $50,001 – $150,000 | $150,001 to 2M$ |
Examples of some unique UV Insurance products are:
UV Insurance offers have three different terms: Term 10, Term 20 and Term 30 with coverage limits from $50,000 up to $2,000,000. Special quotes are available for the customers who are looking for coverages above $2,000,000.
Term life insurance products also exist as simplified issue with coverages ranging between $50,000 and $150,000.
UV Insurance has two whole life insurance plans
UV Insurance has two types of discounts listed below in more detail:
If a member of the immediate family purchases another UV Insurance contract in the subsequent 12 months, the client gets a fee refund for the 1st year of the new contract of:
i.e.: 5 subsequent contracts = $375 fee refund.
