Final Protection Simple Issue Whole Life

Final Protection Simple Issue Whole Life logo

A Simplified Issue Whole Life Coverage Designed for You

Equitable offers Final Protection to provide an efficient permanent or whole life protection to people between the age of 40 and 80. The coverage offers tax-free benefits that can be used to cater for outstanding debts, final expenses as well as medical bills. It is a simple, easy to apply and efficient insurance plan. Final Protection whole life insurance is a simplified issue insurance plan. This means that the application process for this plan does not require any medical exam. You only need to answer a few health questions to apply and you do not need to go through intensive medical underwriting. The application is electronically based, thus, you can get your policy almost immediately.

Top Features and Benefits

The policy offers substantial guarantees designed to give you peace of mind. These include guaranteed lifetime protection, guaranteed level premiums and guaranteed cash values. Furthermore, you can decide anytime to stop paying premiums; by using the Reduced Paid-Up Premiums, you can make the most of some of your coverage.

  • The plan offers guarantees to give you peace of mind. These guarantees include guaranteed lifetime protection, guaranteed cash value, and guaranteed level premiums.
  • This is a simplified issue insurance plan. This means that no medical record or exam is required to apply for the plan, you don’t need to go through an intensive medical underwriting, you only need to answer a few health questions.
  • The plan provides about $50,000 of permanent protection for people between the ages of 40 and 80.
  • The plan pays tax-free death benefits that can be used to cater for medical bills, outstanding debts, final expenses or leave an inheritance for the dependent or for charity.
  • With the Reduced Paid-Up feature, you can stop paying premiums and still maintain some of the features of your coverage.
  • In the event of accidental death, you can get an additional death benefit such as the Accidental Death Benefit Rider usually equal to the original insurance amount.

 

 

Additional resources

Learn more about life insurance from these informative articles to help you decide in choosing the best plan for you.

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.

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