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Estate enhancer to 100

Participating life insurance is permanent coverage that can generates dividends. The Estate enhancer option maximizes the long term death benefit. Due to its growth in cash surrender values, this product is the ideal solution for clients who would like to optimize their inheritance or realize a project with a 20-year time frame.

Your clients have the flexibility of choosing between 5 dividend options which enables them to increase their coverage, reduce their annual premium or benefit from a cash payment.

Additional Deposit Option (ADO) : A flexible, tax-efficient solution that works for you and your clients

Available with paid-up additions (PUAs) and enhanced insurance dividend options

Features

Principal characteristics

  • Dividends are maximized over the long term
  • 5 options for using the dividends
  • Guaranteed cash surrender values on the basic insurance. Available, but not guaranteed on the insurance bought with Paid-up additions (PUAs).
  • Guaranteed reduced paid-up insurance on the basic insurance.
  • Admissible for conversions without evidence of insurability with the annual premium reduction, cash payment and dividends on deposit options.

Cash surrender values

Upon termination of the coverage, your client can be refunded either a portion of the paid premiums or more.

Fiche produit

Issue age (age nearest)
  • 0 to 80 years

Amount of insurance
  • Minimum: $10,000
  • Maximum: $10,000,000*


The insured amount is fixed and guaranteed.

Rate bands
  • $10,000 to $24,999
  • $25,000 to $49,999
  • $50,000 to $99,999
  • $100,000 to $249,999
  • $250,000 to $499,999
  • $500,000 to $999,999
  • $1,000,000+

Premiums
  • Level and guaranteed
  • Paid at 100 years of age (or the equivalent age if it’s a joint policy)

Policy fee
  • $40/year or $3.60/month

Cash surrender value
  • Guaranteed on the basic insurance
  • Available, but not guaranteed on the insurance bought with paid-up additions (PUAs)

End of coverage
  • On death of the insured

Reduced paid-up insurance
  • Applicable on the basic insurance

Insured life options
  • Individual
  • Joint first-to-die (2 to 5 insureds)
  • Joint last-to-die (2 insureds)
  • Joint last-to-die, paid-up at first death (2 insureds)

Dividend options
  • Paid-up additions (PUAs)
  • Enhanced insurance
  • Annual premium reduction
  • Cash payment
  • Dividends on deposit

Consult the Dividends section for all the details.

Calculating dividends and projections

Consult the Dividends section for all the details.

Premium offset
  • Available on all dividend options except for the annual premium reduction. Premium offset is neither guaranteed nor contractual as it depends on the granted dividends.

Additional Deposit Option

Additional Deposit Option is available:

  • When a new policy is issued
  • On the anniversary of an in-force policy
  • When a right is exercised (for example, when using a conversion, insurability or association option, a guaranteed insurability benefit or business insurability coverage

Conditions may apply. For more details, see the Additional Deposit Option page and the Add or change Additional Deposit Option section.

Eligibility of conversions
  • Yes
  • Conversion of a group policy not accepted

Loan on the policy
  • Yes

Automatic non-termination option
  • Yes, automatic premium loan in the event of non-payment

Insurability privilege
  • Yes, if joint first-to-die coverage

Sales material

To order, complete and submit the marketing supply requisition form.

To order materials, use the email template available in "My shortcuts" on your Windows desktop.