Lifetime Protection

Lifetime Protection logo

The Lifetime Protection to Safeguard your Loved Ones

You need insurance protection for several things in life. Short-term term insurance only protects for a short term and may not provide the protection you need for a lifetime. If you want a lifetime coverage, the best option for you is CAA Lifetime Protection. This coverage provides the protection you need to safeguard your loved ones even up to age 75 or 80 or after your group plan has ended. The plan offers a low rate that is locked-in for a lifetime. It is a permanent life insurance coverage designed for Canadian residents between age 18 and 75 (both ages inclusive). Furthermore, this plan offers a lifetime protection and you will not be required to pay any premium when you reach age 100.

Benefits and Features

In the event of your death, the coverage will pay your beneficiaries a tax-free lump sum amount. In addition, this plan includes the Living Benefit cash advance that pays you up to 50% advance of your coverage if you are diagnosed as being terminally ill and have only 1 year or less to live.

  • The plan is for Canadian residents aged 18 to 75.
  • It offers a lifetime protection and the insured will not be required to pay any premium on reaching age 100.
  • The coverage amount for this plan range from $50,000 to $500,000.
  • The insurance rate for this plan is locked-in forever.
  • In the event of your death, your beneficiaries will receive a tax-free lump sum.
  • If you are diagnosed with a terminal illness with barely 12 months or less to live, you could receive an advance up to 50% or a maximum of $100,000. This feature is provided in the Living Benefit cash advance.
  • To help you make informed healthcare decisions, the plan includes Health Service Navigator.
  • In case of suicide within 2 years of the effective date of the coverage, the insured will not be eligible for any benefit.



Additional resources

Learn more about your life insurance options from these informative articles.

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

By clicking on Get Quotes Now, you agree to our terms and conditions. You provide consent to be contacted for the purpose of being provided information, rates and details on any product from any insurance company or financial institution. You can unsubscribe at any time from this service.

Facebook Rating
Google Rating
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram