MAXLife is guaranteed permanent life insurance coverage that provides for long-term security needs. It offers standard face amounts and guaranteed level costs of insurance for the life of the benefit with no cash surrender value.

MAXLife is a traditional insurance product which does not permit tax-sheltered accumulation of funds.

Issue Age
 

• 0 to 75 (Age nearest)
   

Premiums
 

• Level and guaranteed
   

Premium Payment Period
 

• Up to age 100
   

Coverage Period
 

• For the lifetime of the insured
   

Minimum Face Amount
 

• $25,000
   

Maximum Face Amount
 

• $10,000,000
   

Rate Bands
 

• $25,000
• $50,000
• $100,000
• $250,000
• $500,000
• $1,000,000
   

Policy Fee
 

• Basic Coverage: $50
• Each Additional Coverage: $25
   

Insured Life Options
 

• Individual
• Joint 1 to die (max 5 insured)
• Joint last to die (max 1 insured)
• Joint last to die with Waiver of premium at 1 death
   

Conversion
 

• MAXLife accepts conversions.
   
  • Conversions from Group Insurance Plan is not allowed.
     

 Rate reduction program
 

• Yes, eligible for the Rate reduction program
   

Assistance service

Legal Assistance
A direct phone service provided by a lawyer who helps you find answers to the legal concerns you may have.  
 

Additional Benefits
 

• DisWP - Disability Waiver of Premiums
• DWP - Death Waiver of Premiums
• AF - Accidental Fracture
• GIB - Guaranteed Insurability Benefit
• ADD - Accidental Death and Dismemberment Benefit
• ADis - Accidental Dismemberment Benefit
• C-ADis - Children Accidental Dismemberment Benefit
• C-AF - Children Accidental Fracture
• CPB - Child Protection Benefit
   

Accelerated Healthcare
 

• N/A