Empire Life’s Insurance Policies

Empire Life offers renewable and convertible Term policies as well as Non-Participating Whole Life policies and Universal Life plans.

Empire life’s Term 10 and Term 20 policies are convertible to age 75 and renewable to age 100. Both of these features are unique to the industry because most insurance companies offer conversion options to age 65 on their Term 10 and Term 20 policies.

In addition, Empire’s Term plan can be converted without a medical to their Term 100, 20-Pay Whole Life, or Universal Life plans up to age 75. Empire Life’s Term policies are also renewable to age 100, which is unique because most term plans in Canada expire at age 80 or 85.

That is not all, though: their Term 100 coverage is available with different equity values. The plan builds up cash values as well as reduced paid-up values. More specifically, they have a Non-Participating 20-pay Whole Life policy, which offers guaranteed cash values and paid up values as early as year ten. Plus, the policy is fully paid-up at the end of its twentieth year.

Their Universal Life plans are available with an increasing or level cost of insurance option.

Each of the above plans offers great flexibility for your family circumstances because they are available on a single-life, multi-life, or joint-life basis and can come with a host of riders, including a critical illness rider, a disability rider, or a children’s life insurance or critical illness benefit.

For more details on life insurance in Canada, please contact us at 1-866-899-4849 or visit our Term Life Insurance Instant Quote Page.