What is universal life insurance?
Universal life insurance is a very flexible financial tool that provides your loved ones with financial security adapted to your personal, family and work situation. This type of insurance combines under one contract two essential elements of sound financial planning: life insurance and tax-preferred savings.
Coverage adapted to your needs
Genesis protects your family or business from financial repercussions in the event of an unexpected death. It’s also an effective and advantageous way to save for your general needs or your retirement.
This flexible insurance coverage can be adapted to your situation. It allows you to choose the coverage amount, payment frequency, payment amount and investment options best suited to your needs. You can also make extra payments deposited in your policy to increase your insurance amount and your savings.
EquiBuild is designed to ensure your and your family’s financial security by offering growing coverage and a guarantee at death. With the EquiBuild Bonus, which adds to your death benefit, you have the option to increase your face amount or your savings under the policy.
You also benefit from cash surrender values that start accumulating the first month and can be used toward a payment holiday, if desired, among other things. In addition, no policy fees are charged in the payment of the annual premium and no surrender charges apply.
Compare our universal life insurance products
|Quick payment option||10, 15 or 20 payments||15 payments|
|Annual renewable term||-|
|Various investment options|
|Bonus||Investment Bonus||EquiBuild Bonus|
|Guaranteed cash surrender value||Quick payment option only|
|Type of death benefit||Face amount only
Face amount + fund
|Face amount + fund|
|Tax-free death benefit|