Improved financial underwriting guidelines for more coverage

December 03, 2025

Help Clients better protect their loved ones in a changing world.

We’ve improved our financial underwriting guidelines to help you offer more coverage to Clients through critical illness insurance (CII) and life insurance. By offering more generous guidelines, we’re helping Clients qualify for the CII and life coverage that’s right for them.  

What’s new

Note: All offers for CII and life coverage are based on Client needs and are subject to underwriting or other qualification criteria. 

CII coverage increases to help build peace of mind

  • Increased our base child coverage (from $150,000 to $250,000)  
  • Doubled our maximum coverage for university students (from $500,000 to $1 million)
  • Doubled our base coverage for retired insureds and non-income-earning spouses
  • Doubled our base coverage and increased the income replacement multipliers for all age bands 

Life insurance changes to support young Canadians

  • Increased the income multiplier for youths aged 16-30 (35x replacement coverage) 
  • Doubled our base child coverage (from $250,000 to $500,000)

Estate options to protect family wealth

  • Offering industry-first resources for estate equalization coverage that’s targeted for family businesses with complex succession and estate needs

What’s in it for Clients

Clients can take advantage of increased coverage amounts to help them counter the rising cost of living. Families can better protect their children with higher coverage levels. 

Find out more 

  • Visit the CII and Life underwriting pages for more resources.