Co-operators Life Insurance Company

Disability Insurance for People Over 65

Disability insurance over 65. According to Sun Life Financial’s Annual Unretirement Index, not only are Canadians working past age 65, but they’re also doing it because they have to. The index shows that the number of Canadians who expect to retire by 66 has fallen by half between 2008 and 2012 from 51% to 27%. ...
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Canadian Critical Illness Comparison Chart

The Critical Illness marketplace in Canada is heating up. Since the first Canadian Critical Illness policy was sold in the mid-’90s, annualized new premium sales have steadily increased. Premium sales rose by 6 per cent to $103.8 million in 2011. The insurance industry sold 7 per cent more policies than it did in 2010 during...
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The Top 20 Life Insurance Companies 2012

There are many life insurers in Canada, but only those with the highest revenue, premium income, profits and asset value make the Top 20 in the country. According to the June 2012 issue of Financial Post Business Magazine, number 20 is Penncorp Life Insurance Company. Penncorp specializes in disability insurance for Canada’s blue and grey...
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Bring Your Family Together in Only Eight Weeks with Super Visa

Parental sponsorship for visitation to Canada from Canadian citizens or permanent residents can take up to eight years, but the Canadian Government has introduced a fast track plan that can reduce that time to within eight weeks. It’s called Super Visa and it’s a multiple-entry visa for parents and grandparents of citizens and permanent residents...
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Co-operators Critical Illness Insurance

The Co-Operators is now offering a critical illness insurance plan through its career sales force with the product name Critical Assist II. The premiums on the policy are level for 10 years or 25 years and are renewable to age 75. They also offer a T-75 (Term to 75) that is guaranteed level to age...
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25-Year Term Insurance in Canada: Who Has the Best Rates

Unity Life of Canada joined the Foresters family in April 2008 and as of Jan 23 2012 changed their name to Foresters Life Insurance Company. 25-year term policies provide level premiums for the first 25 policy years. Most policies are renewable and convertible, meaning the coverage can be renewed at the end of the 25...
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The Cooperators Versatile Term 25 Insurance and Understanding Preferred Rates

The Cooperators offer a Term 25 plan, sold through its advisor network. It has very competitive pricing at most age brackets. The plan also has Preferred Rates available to non-smokers. One of the primary variables in the qualification of preferred rates is how long has it been since the insured has last smoked? The following...
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Term to 75 Life Insurance in Canada

Term to 75 life insurance offers level premiums up to age 75 and, depending on the insurance company’s conversion premium, the plan can be converted to a permanent policy without a medical. However, Term to 75 is a double-edged sword, carrying advantages and disadvantages. The advantages of a Term to 75 policy; 1. Lower premiums...
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Co-operators Participating Whole Life Policy

Co-operators offers a participating Whole Life policy to insured’s up to age 80. The policy is available with a minimum face amount of $10,000 and is only available on a single-life basis. Joint-life and multi-life policies are not available. However, they do have a participating Whole Life plan for children called, Estate Foundation – face...
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Group Critical Illness Insurance Sales

Group Critical Illness insurance sales are on the rise. As reported in the February 2010 issue of the Insurance Journal. Recent data shows that growth of Group Critical Illness sales were seven times stronger than the Group Insurance sector as a whole. The Insurance Journal highlighted 13 of the Group Critical Illness providers in Canada....
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