Term

5 YRT to 75/ 10 YRT to 75

Original line of business: Confederation Life

Updated on: Dec 17, 2018

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Product snapshot

The 5 YRT to 75 / 10 YRT to 75 plans were originally issued by Confederation Life and provided renewable term insurance coverage on the life insured. These plans could be convertible or non-convertible. 

Basic product information

Product administration guide: N/A

Sample contract: N/A

Dividend options: N/A

Bonus: N/A

Dividend options

N/A

Bonus

N/A

Premium paying period

Payable to anniversary following the 74th birthday of the insured

Policy fees

N/A

Deposit load

N/A

Values, loans & withdrawals

Non forfeiture option: N/A

Loans: N/A

Withdrawals: N/A

Non-forfeiture option

N/A

Loans

N/A

Withdrawals

N/A

Cash value

No cash values

Reduced paid up

N/A

Riders & benefits

Premium offset/holiday: N/A

Premium offset/holiday

N/A

Death benefit

N/A

Reinstatement period

N/A

Convertible

  • May be purchased as convertible or non-convertible
  • Convertible plan is convertible without evidence of insurability until age 65