Foresters Life

Canada Protection Plan Increases Coverage Levels

Good news for people facing difficult roadblocks when trying to buy life insurance. Canada Protection Plan, the leading No Medical and Simplified Issue insurance provider in the country, now guarantees that no applicants will be turned away when they attempt to obtain protection for their loved ones. “Whether you have health issues, are in good...
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David Hutchison | Director of Sales, Western Ontario Foresters Canada

David Hutchison, from Foresters Canada tells us what type of life insurance policy he owns in our life insurance experts roundup.
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Foresters’ FamilyLife Quit Smoking Incentive Plan

If you’re a smoker that’s trying to quit, Foresters will give you non-smoker rates. Though smoking rates are on the decline, there are still 4.9 million smokers in Canada, according to research funded by the Canadian Cancer Society. Foresters Canada designed its FamilyLife product to be affordable for the Canadian family, but they know that the...
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Are Universal Life Rates on their Way Back Down?

Mortgage rates have begun to climb up in recent months. But, with The Bank of Canada keeping its interest rate the same and economists speculating that it will not go up until 2015, many wonder if this mortgage rate climb will lead to insurance companies forcing the rates on their Universal Life policies down. According...
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Key Man Life Insurance

A Key Man or Key Person life insurance policy is a life insurance policy placed on the life of a key employee. A key man / key person policy is necessary when a employee is crucial to the business and when replacing that person would be costly and time consuming. A key person life /...
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The Life Insurance Your Insurance Company Wants You to Cancel

The phrase “lapse-supported life insurance policies” is mainly familiar to industry insiders. It refers to life insurance policies that insurance companies want you to cancel. Term 100 life insurance policies and universal life insurance policies, with guaranteed level cost of insurance, are priced with the expectation that a certain number of these policies will lapse...
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Foresters Lowers Policy Fees on Term Products

Foresters has lowered the fees on their term products by $20. These lower rates apply to any Term 5, Term 10, Term 15, Term 20, Term 25 or Term 30 application submitted or pending as of May 27 2013. This reduction in policy fees will replace all current policy or multi-policy fee discounts. Below is a...
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How Your Foresters Life Insurance Policy Could Get Your Child a Scholarship

The outstanding student in your life could win a Foresters’ scholarship! Foresters Life Insurance Company of Canada could contribute to your child’s post-secondary education. The company offers its members the opportunity to apply for a scholarship toward their child’s or grandchild’s studies or their own university or college studies. Not all policyholders are members, though,...
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Foresters’ Familylife Participating Whole Life Insurance

Foresters’ Family Life is an affordable whole life insurance solution for families.  Photo Ted Bongiovanni Foresters Life Insurance Company has just launched a new participating whole life insurance product called Familylife. The policy is meant to provide families with cost-effective permanent insurance that’s specifically tailored to their budget and unique protection needs. “Familylife comes with a number...
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Term Life Insurance: Which Companies Offer Preferred Rates?

Preferred rates are offered to individuals who are in very good health who have exemplary family health history. Preferred rates can lower insurance premiums by up to 35 per cent. You can find more details on whether you are likely to qualify for preferred rates here. The following is a listing of the leading life insurance...
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