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2022 Fall Novelties

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2022 Fall Novelties

Highly Competitive Rates

A guaranteed fixed premium product for ages 0 to 75 that allows for higher cash values.
Available in simplified issue for a simple and quick process!

Summary of characteristics

Consult our document Whole Life High Values

Ages
 0-75
Premium
 Fixed and Guaranteed
Insurance Amount Available
 $50,001 to $2M
Cash Value
 50% of the insurance amount at age 65 (or after 20-Pay for ages 46 and older)
Available from the 10th contract anniversary
Possibility of partial or total surrender
Reduced Paid-Up Value
 Available from the 10th contract anniversary
Type of Issue
Additional Coverages
  • Credit Insurance rider (2 years)
  • Child Rider (Life Insurance)
  • T-10, T-20, T-25 and T-30
  • Waiver of Premium Disability (WPD)
  • Waiver of Premium in the Event of loss of Employment (WPLE)
  • Waiver of Premium Disability or Death (WPDD)
  • Accidental Fracture (AF)
  • Accidental Death and Dismemberment (AD&D)
  • Credit Insurance rider
  • Child Rider (Life Insurance)
  • T-10, T-20, T-25 and T-30
  • Waiver of Premium Disability (WPD)
  • Waiver of Premium in the Event of loss of Employment (WPLE)
  • Waiver of Premium Disability or Death (WPDD)
  • Accidental Fracture (AF)
  • Accidental Death and Dismemberment (AD&D)
  • Preapproved Critical Illness Insurance

Protection for all with many possibilities!

With 50% guaranteed cash values at age 65 or after 20 payments for ages 46 and over, this is definitely a high value product that offers a range of opportunities!

Interesting scenarios that meet the needs for protection, but also for savings: 

Occupation: Engineer
Amount of insurance: $1,000,000

With this product, his need for life insurance is fulfilled.

In 20 years, he will have different options before him:

  • Full surrender
    At age 65, he will have a cash value maximized at 50%, or $500,000 in value.
  • Borrowing with UV
  • Partial surrender
Occupation: Teacher
Amount of insurance: $500,000

With this product, his need for life insurance is fulfilled.

In 30 years, (or sooner!) he will have different options before him:

  • Full surrender
    At age 65, he will have a cash value maximized at 50%, or $250,000 in value.
  • Borrowing with UV
  • Partial surrender
Insurance bought by her parents to protect her
Amount of insurance: $50,001

They will protect her insurability immediately with several other options!

In 20 years, they transfer the policy to Allyson. She won’t have to pay any more premiums and can continue to be insured for her entire life. She could also choose one of these options:

  • Full surrender
    At age 65, she will have a cash value of 50%, with a value of $25,000.
  • Borrowing with UV
  • Partial surrender

Why offer a whole new life 20-Pay if the Adaptable already exists?
The Adaptable remains in place and unchanged. With its flexibility and the ability to “Adapt” it remains a highly competitive flagship product. Whole Life High Values fills a different need for a different clientele.

.

Payment period
 Multiple payment options 20-Pay
Cash values
 40% at age 65 50% at age 65 (or after 20-pay for ages 46 and over)
Paid up insurance
 From the 10th anniversary From the 10th anniversary
Chapters
 Chapters A and B No Chapters

Do you have any questions? Contact our team!

General Phone: 1 800 567-0988
Technical support or to obtain an access code:
1-800-567-0988, Ext. 2063
ind.advisor@uvinsurance.ca

Director, Business Development
Director, Business Development
Director, Business Development
Director, Business Development
Vice President, Business Development and Marketing
Inside Sales Representative

 

Individual life insurance

 
Customer Service
1 800 567-0988 Ext. 2063
ind.client@uvinsurance.ca		 Claims (Life Insurance)
1 800 567-0988 Ext. 2089
ind.deathclaim@uvinsurance.ca
Contract Management and Modification
1 800 567-0988 Ext. 2084
ind.contractadministration@uvinsurance.ca		 Advisor Services
1 800 567-0988 Ext. 2064
ind.advisor@uvinsurance.ca
New Business
1 800 567-0988 Ext. 2087
ind.newbusiness@uvinsurance.ca		 Advisor’s Information, Commission and Remuneration
1 800 567-0988 Ext. 2064
ind.advisorlicense@uvinsurance.ca
Claims (Critical illness, Disability, fracture and injury, loss of employment)
1 800 567-0988 Ext. 2089
ind.disability@uvinsurance.ca		 Advisor access services
Consult Resources for advisors
Investment & Retirement

 
Annuity and GIC | Customer Service
1 800 567-0988 Ext. 2082
ir.investment@uvinsurance.ca		 Commission and Remuneration | UV Insurance
1 800 567-0988 Ext. 2064
ind.advisorlicense@uvinsurance.ca
Advisor Services
1 800 567-0988 Ext. 2082
ir.investment@uvinsurance.ca		 Segregated Funds | Customer Service
1 877 577-7337
investments.retirement@assumption.ca
Investment & Retirement
1 800 567-0988 Ext. 2082
ir.investment@uvinsurance.ca		 Advisor Services
After-sale Service: 1 888 577-7337
placements.retraite@assomption.ca
Getting a contract
1 800 567-0988 Ext. 2064
ind.advisorlicense@uvinsurance.ca		 Commission and Renumeration | Segregated Funds
1 888 577-7337
placements.retraite@assomption.ca
Vesta Sales Platform
1 855 853-6040
vesta@assomption.ca		 FundServ Platform
1 855 577-3863
fundserv.support@assumption.ca

Consult our Contacts List for partners – Individual Insurance and Investment & Retirement (PDF)
Consult our Mailing Address and business hours on the Contact us page