Prepared For

Canada Life Example Client


Presented By

Canada Life



August 2021

www.canadalife.com

Disclaimer  


IMPORTANT CONSIDERATIONS

Do not make a buying decision based solely on this presentation, it is provided for information purposes only.

For a more complete explanation of the policy features and how values may perform over time, refer to the Canada Life product Illustration for the policy. All values in this presentation are based on the accompanying policy illustrations.

The information in this presentation is not complete without the illustration for each policy having all pages including the cover page, reduced example and product features pages, all with the same date as this presentation. Read all pages carefully as they contain important information.

This presentation demonstrates how a policy may work, based on certain assumptions. For example, it assumes premiums are paid when due. This presentation is not an estimate, prediction or guarantee of future performance. Only values described as guaranteed are guaranteed. It is not a contract, an application, or an offer to provide life insurance. It is not part of any policy that may be issued. Availability of coverage and related premium will be determined during underwriting and outlined in the policy if issued. If a policy is applied for and issued, you should read it carefully upon delivery. The insurance contract, and not this presentation, governs your rights and obligations.

The values shown are only for a selected period of time. Terms used in this presentation, whether capitalized or not, have the same meaning as defined in the contract. Product details have been simplified for the purposes of this presentation. For more information about how life insurance works, ask your advisor* or visit www.canadalife.ca.


Premium Schedule (Age 49 | Non-Smoker)  


Plan

Canada Life - My Term 10

  • Insurance Benefit: $750,000.00
  • Renewable To Age 85

Annual Premium:

1 - 10: $1,147.50 11: $5,137.50 12: $6,930.00 13: $7,627.50 14: $8,385.00 15: $9,225.00 16: $10,147.50 17: $11,167.50 18: $12,285.00 19: $13,507.50 Continued **

Canada Life - My Term 20

  • Insurance Benefit: $750,000.00
  • Renewable To Age 85

Annual Premium:

1 - 20: $2,145.00 21: $15,532.50 22: $20,962.50 23: $23,062.50 24: $25,365.00 25: $27,907.50 26: $30,697.50 27: $33,765.00 28: $37,140.00 29: $40,852.50 Continued **

Canada Life - My Term 30

  • Insurance Benefit: $750,000.00
  • Renewable To Age 85

Annual Premium:

1 - 30: $4,177.50

* Policy fee included with the premium.
** Please refer to full premium schedule.


Annual Premium Schedule  





Sum of Premiums  





Presentation Summary  


Age Years Canada Life - My Term 10
Sum of Premiums
Canada Life - My Term 20
Sum of Premiums
Canada Life - My Term 30
Sum of Premiums
50
1
$1,147.50 $2,145.00 $4,177.50
51
2
$2,295.00 $4,290.00 $8,355.00
52
3
$3,442.50 $6,435.00 $12,532.50
53
4
$4,590.00 $8,580.00 $16,710.00
54
5
$5,737.50 $10,725.00 $20,887.50
55
6
$6,885.00 $12,870.00 $25,065.00
56
7
$8,032.50 $15,015.00 $29,242.50
57
8
$9,180.00 $17,160.00 $33,420.00
58
9
$10,327.50 $19,305.00 $37,597.50
59
10
$11,475.00 $21,450.00 $41,775.00
60
11
$16,612.50 $23,595.00 $45,952.50
61
12
$23,542.50 $25,740.00 $50,130.00
62
13
$31,170.00 $27,885.00 $54,307.50
63
14
$39,555.00 $30,030.00 $58,485.00
64
15
$48,780.00 $32,175.00 $62,662.50
65
16
$58,927.50 $34,320.00 $66,840.00
66
17
$70,095.00 $36,465.00 $71,017.50
67
18
$82,380.00 $38,610.00 $75,195.00
68
19
$95,887.50 $40,755.00 $79,372.50
69
20
$110,745.00 $42,900.00 $83,550.00
70
21
$127,095.00 $58,432.50 $87,727.50
71
22
$145,080.00 $79,395.00 $91,905.00
72
23
$164,857.50 $102,457.50 $96,082.50
73
24
$186,615.00 $127,822.50 $100,260.00
74
25
$210,547.50 $155,730.00 $104,437.50
75
26
$236,872.50 $186,427.50 $108,615.00
76
27
$265,830.00 $220,192.50 $112,792.50
77
28
$297,682.50 $257,332.50 $116,970.00
78
29
$332,722.50 $298,185.00 $121,147.50
79
30
$371,265.00 $343,125.00 $125,325.00











www.canadalife.com
Contact

Canada Life


The Canada Life Assurance Company
1901 Scarth Street
Regina, SK S4P 4L4
Canada


Telephone

1-888-252-1847


Email

info@canadalife.ca


* Please Note: This report was created by your advisor. The products and companies shown on the subsequent comparison survey are, therefore, only those that were selected by the account holder. These may or may not reflect the entire range of insurance companies and products available on this comparison system. We strive to maintain the utmost accuracy with the information gathered, however we do not and cannot guarantee the validity or accuracy of any of the information displayed. E.&O.E.

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Comments

  • Client Oct 09, 2022 07:38 am

    20

    Last Edited: Oct 09, 2022 07:49 am

  • Client Oct 09, 2022 07:38 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:42 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:43 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:43 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:44 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:44 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:44 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:44 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:47 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:47 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:47 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)

  • Client Oct 09, 2022 07:48 am

    Canada Life Example Client has indicated intent to buy Case Option Canada Life - My Term 30 (#808308)