The hot new term rates are designed to position Empire Life in the top five for ages under 50 for coverage up to $500,0001. The best news about these rate changes is that the very competitive renewal rates have not changed and the market-leading waiver of premium cost will improve.
What's in it for you?...
Value-added features on all term plans that makes Empire Life unique! Features include: - Coverage does not expire. Premiums are guaranteed up to age 100 with paid-up coverage continuing and increasing 5% per year thereafter.
- Level Premiums after age 75 or age 85. Premiums remain level after the renewal anniversary following the life insured’s 75th birthday for Solution 10 and the 85th birthday for Solution 20.
- Joint Last-to-Die advantage. Single Equivalent Age calculation provides an even lower premium that takes advantage of a highly competitive target market.
1Based on December 2008 LifeGuide comparison against AIG Life, Canada Life, Equitable Life, Industrial Alliance, Manulife, RBC, Standard Life, Sunlife, Transamerica Life. The comparisons provided are intended for informational purposes only and may change without notice. All efforts have been made to ensure accuracy, however we are not responsible for any errors or omissions.
