Life insurance products

​Life insurance is an important part of your financial security plan. There are four types of policies to choose from, depending on what you need and what stage of life you’re at.

A term policy provides coverage for a limited period of time, usually 10, 20 or 30 years. It is generally a more affordable option.

A permanent policy will provide coverage for the rest of your life. Compared to term insurance, this type of policy is more cost-effective in the long term.

Participating life insurance provides lifetime insurance coverage with flexible, tax-efficient dividend options to grow your estate significantly or access cash when you need it.

A universal policy will provide coverage for the rest of your life and also includes a tax-sheltered investment component.

Your needs

Principales caractéristiques de six régimes d'épargne-retraite collective
You want to… Term life insurance Permanent life insurance Participating life insurance Universal life insurance
get affordably priced coverage for a specific period Included
10, 20 or 30 years
Not included Not included Not included
benefit from coverage that costs less over the long term Not included Included
Lifetime coverage
Included
Lifetime coverage with dividends
Included
Lifetime coverage with a savings component
cover your final expenses (funeral costs, income taxes, etc.) Included Included Included Included
pay off debts after your death (mortgage, line of credit, etc.) Included Included Included Included
maintain your family’s lifestyle after your death Included Included Included Included
leave something behind for your loved ones Not included Included Included Included
grow your savings tax-free and diversify your investments Not included Not included Included Included
optimize the values of your life insurance policy Not included Not included Included Included
receive dividends Not included Not included Included Not included
prepare to transfer ownership of your business and ensure its sustainability after your death Included Included Included Included

Meet a representative

They’ll assess your financial needs and recommend a solution best-suited to your priorities.