Estate enhancer to 100

Issue age (age nearest)

• 0 to 80 years

Amount of insurance

• Minimum: $10,000
• Maximum: $10,000,000 (maximum amount as illustrated in the illustration software. You can request a higher amount by writing to specialquotes@dfs.ca)

The insured amount is fixed and guaranteed.

Rate bands

• $10,000 to $24,999
• $25,000 to $49,999
• $50,000 to $99,999
• $100,000 to $249,999
• $250,000 to $499,999
• $500,000 to $999,999
• $1,000,000+

Premiums

• Level and guaranteed
• Paid at 100 years of age (or the equivalent age if it’s a joint policy)

Policy fee

• $40/year or $3.60/month

Cash surrender value

• Guaranteed on the basic insurance
• Available, but not guaranteed on the insurance bought with paid-up additions (PUAs)

End of coverage

• On death of the insured

Reduced paid-up insurance

• Applicable on the basic insurance

Insured life options

• Individual
• Joint first-to-die (2 to 5 insureds)
• Joint last-to-die (2 insureds)
• Joint last-to-die, paid-up at first death (2 insureds)

Dividend options

• Paid-up additions (PUAs)
• Enhanced insurance
• Annual premium reduction
• Cash payment
• Dividends on deposit

Consult the Dividends section for all the details.

Calculating dividends and projections

Consult the Dividends section for all the details.

Premium offset

• Available on all dividend options except for the annual premium reduction. Premium offset is neither guaranteed nor contractual as it depends on the granted dividends.

Conversion privilege

• No

Eligibility of conversions

• Yes
• Conversion of a group policy not accepted

Loan on the policy

• Yes

Automatic non-termination option

• Yes, automatic premium loan in the event of non-payment

Insurability privilege

• Yes, if joint first-to-die coverage