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Universal Loan Insurance

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Universal Loan Insurance for a Substantial Financial Obligation

Disability does not just make you incapable of doing your normal daily work but it limits your capability of paying off your loans. No one considers disability as an option when taking out a line of credit or when buying a property but disability may not be totally prevented.

This plan is for Canadian citizens or residents up to 18 and under 60. The insured must also meet the underwriting criteria for IA Excellence. Furthermore, for the loan to be eligible under this plan, it must be obtained from recognized financial institutions.

Benefits and Options Available in IA Excellence Universal Loan Insurance

This plan includes options for the insured to obtain benefits in the event of partial disability. Options are also available for a return of disability insurance premium at age 55, 60 or 65. The refunded amount will be 50% of the premiums when the paid claims have been subtracted. The disability benefit for the plan is extensible.

  • It is easy to renew the plan.
  • The premium paid will depend on the occupation of the worker.
  • The plan will cover up to 125% of the mortgage.
  • The benefit of this plan will be paid directly to you or to your beneficiary.
  • You can use one contract for all loans. This makes the policy fees for this plan relatively low.
  • Whether you have a lucrative work, both spouses can use only one plan.

Ask your Broker about Universal Loan Insurance Quotes and Compare!

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Speak to a Customer Services Representative:  1-877-574- 7475

  • General Information (telephone): 514 327-0020
  • General Information (toll free): 1 800 465-5818
  • Travel Assistance (in Canada or USA): 1 877 875-3161
  • Travel Assistance (Elsewhere in the world): 514 875-3161

IA Excellence

IA Excellence 5055 Metropolitain Blvd. East, Suite 202
Montreal, Quebec
Customer Service 514 327-0020
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