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PERMANENT LIFE INSURANCE

With permanent life insurance, you can offer invaluable financial protection to your loved ones by ensuring their financial future and quality of life in the event of your death.

What is permanent life insurance?

Permanent life insurance is a flexible, guaranteed product that helps ensure the financial security of your loved ones by covering insurance needs such as:

  • Bequests to your heirs
  • Estate tax management
  • Expenses related to death and financial obligations
  • Continuity of your business
  • Protection for your investments
Permanent life insurance is different from term life insurance in that it offers additional benefits, such as a guaranteed surrender value and the option of paid-up insurance.

Benefits of permanent life insurance coverage

Flexible

Your needs change and you want to modify your coverage? Our flexible products let you transform your coverage over time and adapt it to your current needs.

Customized

No surprises, no worries! Coverage tailored to your budget, so you can determine how long you pay premiums, for preset terms of 10 or 20 years, or until your retirement at age 65.

Reassuring

This insurance comes with many guarantees, including the premium and the coverage amount. This means your premiums will never increase, making it easier to budget.

Coverage adapted to your needs

Whole life

This permanent life insurance product is designed to protect your family’s financial security. Whether you’re planning your life together, buying a property, having a baby, starting a business or even planning your retirement, whole life insurance gives you the peace of mind you’re looking for.

Access Life

Access Life provides simple, comprehensive financial coverage that’s accessible to everyone and that covers your financial protection needs in the event of death. A perfect solution if you don’t want to go through medical examinations or if your state of health, or any other reason, prevents you from choosing regular life insurance. Enrolment is easy—just answer a few questions about your current state of health.

Find out about Access Life

Child Life & Health Duo

Child Life & Health Duo is designed to protect your child for life and provide coverage in the event of critical illness. The premium for this life insurance is fully paid up by the time your child turns 30. Coverage is based on your child’s growing needs, and includes guaranteed insurability and surrender values.

Protections adapted to your needs

Lucas, 25 years old

  • Video game developer
  • Male, non-smoker

L65 Whole life insurance

Amount of insurance guaranteed for life:
$200,000

Lucas, a bachelor with a new degree in game design, has decided to start his own business. He understands the challenges of entrepreneurship and the importance of planning for the future. He’s looking for a life insurance policy that can guarantee him a lifetime face amount.

Premium

 $ 124.38 / mois

up to age 65
$0 thereafter

Maria, 32 years old

  • Newcomer to Canada
  • Female, non-smoker

Access Life L100 Simplified Issue Life Insurance

Amount of insurance guaranteed for life: $50,000

Maria recently immigrated to Canada with her family. She is looking for additional life insurance that will provide her and her family with adequate coverage to pay for funeral expenses in her native country in the event of her death.

Premium

 $ 36.50 / mois

up to age 100
$0 thereafter

Compare our permanent life insurance products

Select information to display
Whole life Access LifeChild Life & Health Duo
Quick payments
Fixed and guaranteed premiums
Guaranteed face amount
Surrender values
Face amountUp to 10 000 000 $Up to 500 000 $Up to 500 000 $
Tax-free death benefit

Permanent life insurance in a few questions