Permanent Term

Term to 100 Plus

Original line of business: North American Life

Updated on: Dec 15, 2018

Product snapshot

The Term to 100 Plus is a non-participating, level term policy with premiums payable to age 100. Premiums are only guaranteed for 5 years. If premiums are adjusted, they could increase or decrease for the next 5 year period. These products are not convertible.

Basic product information

Product administration guide: N/A

Sample contract: N/A

Dividend options: N/A

Bonus: N/A

Dividend options




Premium paying period

Permanent coverage to age 100

Policy fees

Varies refer to policy contract

Deposit load


Values, loans & withdrawals

Non forfeiture option: Yes

Loans: N/A

Withdrawals: N/A

Non-forfeiture option

31 day grace period


Policy loans are not available and therefore there are no Automatic Premium Loans



Cash value

There are no cash values 

Reduced paid up

  • Reduced paid-up values start at the end of the 20th policy year
  • Once elected, the amount of insurance provided by the current paid-up value may be increased or decreased at the end of every 5 year period

Riders & benefits

Premium offset/holiday: N/A

Premium offset/holiday


Death benefit

Basic coverage only  

Reinstatement period

The policy may be reinstated within 2 years after the first unpaid premium, provided satisfactory evidence of insurability is provided


These products are not convertible