The opportunity
You can easily personalize a solution for a wide range of unique Client needs:
- Offer Clients one of the broadest ranges of term lengths in the market – from 5 to 40 years.
- With coverage amounts from $50,000 – $25,000,000*, you can help meet the protection needs of many Canadians.
- Issue ages begin at age 0, helping Clients lock-in a child’s insurability.
- Clients can increase their coverage amount at certain life changes with simplified underwriting. It’s coverage that keeps up with them.
*Special quotes available for amounts over $25,000,000
Benefits for Clients
Help Clients personalize their term solution with Evolve Term’s features and benefits. Clients can feel confident their solution for today is flexible enough to meet tomorrow’s needs.
- Affordable premiums: Clients can buy the coverage they need and balance their other financial and lifestyle goals.
- Term lengths from 5-40 years: Clients can choose a term to fit their budget and protection needs.
- Flexibility: After the first policy year, Clients can increase their coverage amount at certain life changes with simplified underwriting. It’s coverage that evolves with their life.
- Convertible to a longer term length: Clients can convert to a longer term length, without underwriting. The new policy must be at least 10 years longer than the original policy.
- Convertible to permanent insurance: Clients can convert to permanent insurance regardless of future health changes.
- Partial conversions: Clients can carry over any remaining term coverage as an optional term insurance benefit on their permanent policy. And we won’t ask for evidence of insurability.
- Full suite of optional benefits: Clients can customize their plan for their unique business or personal needs.
