Term to 65 is designed for the mortgage borrower market as well as clients interested in replacing their income in the event of death. Young families and professionals are the target market for this product.
Term to 65 offers multi-risk preferred classes that provide insureds with access to premiums that are better adapted to their personal circumstances, including their state of health and their lifestyle.
N.B.: T65 coverage is renewable until age 65. Age nearest is calculated using a six-month rule from the date of issue. For example, if the client's birthday falls within 6 months of the date of issue, the client is considered a year older. Conversely, if the client's birthday is greater than 6 months from the date of issue, the client's attained or actual age is used.
Insured qualified for P1, P2 and R1 is eligible for the preferred rates as follows:
Individual coverages include an option for exchanging the individual coverage for joint last-to-die coverage, up to age 60. This option allows you to add new insureds to the joint coverage. The products offered are the same as those available for conversion.
For in-force contracts, please refer to the contract's conversion clause to find the maximum age at which the option may be exercised. If the Association Option is not included in the contract, please contact client services.
N.B.: The total annual premium refers to the total policy premium including any additional coverages and applicable policy fee.
An insured accepted P1, P2 or R1 can be eligible to the
** Please refer to the Preferred and Non-preferred Risk Criteria Tables and Requirement Guidelines in the
Underwriting Requirements Guide - Life section.
To order, contact your financial centre's administrative assistant or follow your current procedure and specify the item number.
Client folder - Desjardins - 19211E
Term life insurance client sheet – 16052E
Term life insurance reference guide – 16148E
Client sheet - Assistance services - Life insurance - 19197E