Empire Life’s Whole Life with five dividend options

Empire Life is one of the few life insurance companies in Canada to offer both participating and non-participating whole life policies.

Their non-participating Policy – the 20 Pay Solution – is fully guaranteed and very well priced. The plan is fully paid-up after 20 years, after which cash values are available by loan or surrender at any time. The one caveat is if the policy owner cancels his/her policy before its twentieth anniversary, the plan has no value.

Empire Life’s participating whole life policy has five dividend options: paid-up additions, premium reduction, dividend on deposit, withdraw as cash, and Extender Plus paid-up additions. The last option allows the insured to maximize the policy’s death benefit in the early years of the plan.

Both types of plan have a whole host of riders available, including term life, critical illness, accidental death benefit, and children’s term riders.

A 35-year-old male non smoker can take out $100,000 of Empire Life’s participating whole life plan for a premium of $205.65 a month. Based on the current dividend rates, which are not guaranteed, the plan has a cash value of $132,533 and a death benefit of $326,813 at age 65.

Call us: 1-866-899-4849

Name *
Phone *
Email
Your Date Of Birth
Amount of Coverage
Type
Comment
* Please Confirm Your Contact Details Are Correct

What Clients Say About LSM

life insurance testimonialsI have found the LSM website immensely useful and I'm grateful for you agreeing...1 of 84Jatinder LoombaRead more

4 Comments

  1. Ronwy May 07/13/2008 at 9:45 am

    Please contact me to discuss life insurance
    Contact # (416) — —-

  2. LSM Insurance 07/13/2008 at 2:47 pm

    Hi Ronwy,

    Thanks for your email – I just left you a voicemail.

    My contact details are below. I’m happy to help out.

    Best Regards,

    Lorne S. Marr CFP MBA
    President
    LSM Insurance
    2900 John Street Suite 302
    Markham, Ontario L3R 5G3
    Tel: 905-248-4849 Cell: 647-388-3617
    Toll Free: 1-866-899-4849 Fax: 905-300-4848
    [email protected] http://www.lsminsurance.ca

  3. Jan 01/17/2010 at 12:09 pm

    Hi, I am a 54 male non smoker. How much do I have pay for participating whole life policy.

  4. LSM Insurance 01/17/2010 at 8:19 pm

    Hi Jan,

    Thanks for the note I will send you a separate email shortly.

    Your premiums will depend on your current health and lifestyle and the amount of coverage.

    Regards …

Skip to
second column

Leave a Reply

 

Head Office: 2900 John Street Suite #302 Markham, L3R 5G3
Office 1-866-899-4849, 905.248.4849 Fax 905.300.4848


© LSM Insurance Services Ltd. 1998-2018




Translate »