FollowMe Life Insurance is an affordable plan for you if your group life insurance through your employer is ending. It is an affordable and simple solution for you as it provides a convenient and seamless way to ensure that the financial protection of your loved ones is not interrupted. If you are resident in Canada and between age 18 and 69, this coverage is most suitable for you.
If you apply within 60 days of your group life coverage ending and also meet the eligibility criteria, this coverage is basically for you and your acceptance to the coverage is guaranteed. In the event of your death, the coverage will pay a tax-free lump sum to your beneficiaries and the coverage amount for this plan is between $25,000 and $200,000.
Additional Features in CAA FollowMe Life Plan Coverage
This plan offers a guaranteed approval. This implies that you don’t need to answer any medical question or exam to apply for the plan. In addition, your coverage will remain intact even when you retire or change employers. It is also a renewable coverage up to age 80.