fbpx

You asked and we listened – Our Term Insurance is now convertible and that’s not all!

By May 1, 2015 March 23rd, 2021 Advisor, Blog
convertible term insurance

As an advisor you face many challenges on a regular basis. One of those challenges is being able to offer the right solution for every situation. At Canada Protection Plan a leading provider of Simplified Issue and No Medical Life Insurance, we continue to improve our products, options and benefits to make your life easier and to get your clients the coverage they are looking for.

 

What changes and enhancements have we made to our Term solutions?
Canada Protection Plan now offers a Term 25 option for your clients. This solution is available in Level Term and Decreasing Term versions… perfect for those clients who are looking to cover their 25 Year Mortgage.

Convertible to the age of 70 — This applies to all the term products except for the 25 year decreasing term solution and the Term to 100 solution. In addition, our term products are renewable to the age of 80 for those clients wanting to keep their term in place.

Preferred Solutions — We have added a new, better underwriting class for your clients that are in good health and want coverage fast.

Higher Face Amounts — Not only have we added new options for your clients, we have increased available face amounts as well. Depending on age, your clients can now qualify for greater amounts of insurance on our Deferred Term products which go up to $250,000. Our Simplified Term goes up to $300,000 and our Preferred Term goes up to $500,000.

Higher Commissions — We are pleased to now offer a bonus structure that is on average 20% higher.

Lower Premiums — We are also now offering new lower premiums that will attract clients like bees to honey. In most cases, when comparing our rates to other similar coverages, we are the lowest in Canada!

Canada Protection Plan’s Insurance products offer choice, with a new, simplified application and a quick approval process which both you and your clients will appreciate.

There is so much to love about the new features on these Insurance plans, and the opportunity it gives you to grow your business is huge. There has never been a better time to choose Canada Protection Plan!

If you want to learn more about Canada Protection Plan and our line of comprehensive Simplified Issue and No Medical life insurance solutions, call Broker Services at 1-877-796-9090 and we will be happy to assist you or put you in contact with one of our Regional Sales Directors.

To learn more about Canada Protection Plan and our line of comprehensive No Medical and Simplified Issue life insurance solutions, call Broker Services at 1-877-796-9090 and we will be happy to assist you or put you in contact with Sales support in your region.

 Advisors, want to be in the know? Join our LinkedIn Group today!
Pour en savoir plus sur Plan de protection du Canada et sur sa gamme complète de solutions d’assurance vie sans exigence médicale et à émission simplifiée, communiquez avec les personnes-ressources des Services de courtage au 1 877 796-9090, qui seront heureuses de vous aider ou de vous mettre en contact avec l’un de nos soutiens aux ventes dans votre région.

 En tant que conseillers, vous voulez être au courant? Rejoignez notre groupe LinkedIn aujourd’hui !