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Solution 10 Term Life Insurance

Solution 10 Term Life Insurance logo

A Term Life with Renewable and Convertible Features

Most life insurance plans are super-costly and do not really have interesting features to cover individuals as well as businesses as much as possible. However, Empire Life provides an interesting and easy-to-use life insurance coverage, in Solution 10, that offers some of the most wonderful features for you and your family. Solution 10 is an affordable, convertible and renewable life insurance plan. The plan is called “Solution 10” because it has a guaranteed premium that increases in every 10 years. One interesting feature of this insurance plan is that after the insured clocks 75, the final premium increase will occur. The insured will have a level premium for 10 years, and hence peace of mind.

Features and Benefits

Solution 10 is a short-term coverage that can help you deal with a number of needs such as paying off mortgages, final expenses, and debts. The plan can also be converted to a permanent insurance product if future insurance needs of the insured changes. You can create a comprehensive plan that allows you to save on fees by adding this plan to other Solution Series or CI products.

  • Solution 10 is ideal for families looking for affordable insurance options, individuals who desire to cover the final year of their mortgage and small businesses who want to cover start-up and overhead costs.
  • The premiums increase every 10 years and are available at guaranteed premium rates.
  • The final increase in premiums occurs when the insured clocks the age of 75.
  • The insured can enjoy a level premium, and hence peace of mind, for 10 years.
  • The insured can easily convert Solution 10 into one of the Empire’s permanent insurance product if his future insurance needs change.
  • You can also add this insurance product to the Empire’s other Solution series or even the CI product to create an all-inclusive insurance product that will allow you to save on the insurance fees.

 

 

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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