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Four free months of premium for term life insurance

Until March 1st 2021, we’re making a special introductory offer of four free months of premium* on qualifying term 20, term 30 and term-to-age 65 products including additional benefits (riders) added to a term policy and reissues.

Making coverage even more affordable

Now, more than ever, people understand that life insurance is essential in protecting the people they love the most.

That’s why Canada Life™ offers simple, affordable and flexible term life insurance for protection they need, at the price they can afford. And now, we’re making it even more affordable.

Life Insurance Made Easy - We are here to help you choose the right policy at the lowest price.

What are the requirements for the special introductory offer?

The special introductory offer is available for new term 20, term 30 and term-to-age 65 policies and is available through SimpleProtect™, web app and paper app. Additional benefits (riders) will also be included in the offer. Premiums are waived for four months for both the term policy and additional benefits selected, such as disability waiver, child rider, Business Growth Protection Rider, etc. No additional steps are required from the advisor for the offer to be applied to the client’s application. Signed applications must be received by head office no later than March. 1, 2020.

How will the premium discount be applied?

The first month’s premium must be paid for by the client for the contract to take effect. The next 4 months* (payments 2 – 5) will be paid for by Canada Life. The client resumes their monthly premium payments for the sixth month. If the client pays the full annual premium upfront, they’ll be refunded 1/3 of their annual premium* by cheque. payment the following year. *In B.C., the offer is capped at three free months or 25% annual premium. If paying monthly the client must pay for the first month’s premium, the next 3 months (payments 2 – 4) will be paid for by Canada Life. The client resumes their monthly premium payments for the fifth month. If the client pays the full annual premium upfront, they’ll be refunded 25% of their annual premium by cheque. Alternatively, the client can pay only 3/4 of the annual premium. The client resumes the full annual premium payment the following year.

Company Information

AWBFinancial Services
Andrew W Bradley RRC
2100 Thurston Drive Suite 13B
Ottawa, Ontario K1G 4K8

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