FlexTerm
With FlexTerm, you can build your own term insurance bundles by combining disability insurance options, critical illness riders, and more, to create solutions that best suit you and your family’s needs!
Whether you are looking to reimburse a personal or commercial loan, replace your income, cover your children’s education or create an emergency fund, FlexTerm is designed for when life happens. It also ensures the versatility you need to secure your financial well-being.
Product details:
- For individuals aged 18 to 75
- Available as a level and decreasing term life insurance
- If you select a decreasing term, the decrease is based on a mortgage loan with an interest rate of 8%
- Coverage ranging from $100,000 to $10,000,000
- Term Options: 10, 15, 20, 25, 30, 35 years
- Underwritten Product*
- Premiums remain the same for the duration of the term selected
- Available as an individual or joint policy
- Renewal is automatic up to age 90; no medical exam is required
- Convertible up to age 75
- Included Benefits (No Additional Cost):
- Extreme Disability Benefit
- Insurability Benefit
- Term Exchange Option
- Transportation Benefit
- Additional Protection Options:
- Accidental Death
- Accidental Fracture Plus
- Child Insurance Benefit
- Critical Illness Rider
- Disability Income (coverage for employment or loans)
- Waiver of Premiums (coverage for death or disability)
- Available with smoker and non-smoker rates
*Accelerated underwriting may be available.
