Guaranteed insurability benefit
Issue ages (age nearest)
Coverage amount
- Minimum: $10,000
- Maximum: the lesser of $100,000 or 200% of the total insurance amount covering the insured
Amount that can be exercised at every option period
- Up to the 100% of the amount initially selected.
Coverage cost
Until the termination of the main coverage of the insured
Termination of coverage
The earliest of the following events:
- on the insured's 45th birthday
- when the 5th option is exercised
- the date the main coverage on the contract is terminated
- the death of the insured
Products that accompany an option
The options can be exercised with the following
permanent life insurance coverages:
Traditional life
- T100
- Whole life guaranteed 10, 15 and 20 Pay
- Whole life guaranteed to 65
- Whole life guaranteed to 100
Universal life
Participating life
- Whole Life 10 pay, 20 pay and to 100 – Accelerated growth
- Whole Life 10 pay, 20 pay and to 100 – Estate enhancer
- Whole Life 5 pay – 5 Pay PAR