Empire
Life Insurance
Empire Life has been a trusted Canadian insurance provider since 1923. As one of Canada’s top 10 life insurers, it offers a comprehensive range of life insurance products designed to meet your needs at every stage of life. With a strong commitment to financial security, Empire Life helps Canadians protect their loved ones with flexible and reliable coverage options.
Empire Life offers the following insurance Plans:
Overview
Eligible ages
Term policies are generally available to applicants aged 18 to 75, depending on the term length and policy specifics.
Amount of Coverage
Varies based on individual requirements and underwriting approval.
Duration of coverage
Offered in terms of 10, 15, 20, 25, or 30 years, with options to renew or convert to permanent coverage.
Additional benefits
Guaranteed premiums for each term.
Convert to permanent insurance before 75.
Option to add critical illness riders.
Overview
Insurance Options:
Solution 100:
Eligible ages
0-75
Amount of Coverage
The Solution 100 offers a minimum coverage of $10,000 for individuals aged 66–75 and $25,000 for those aged 18–65
Duration of coverage
Lifetime Coverage - Payable until age 100
Term to 100:
Eligible ages
18-75
Amount of Coverage
Lifetime coverage with premiums until age 100 or for limited period of 20 Years (20 Pay)
Duration of coverage
Lifetime Coverage - Payable until age 100
Guaranteed Life Protect:
Eligible ages
40-75
Amount of Coverage
The plan provides up to $50,000 in coverage for ages 51–75 and up to $25,000 for ages 40–50
Duration of coverage
Premiums are paid until age 95, with coverage for life
Additional benefits
Solution 100:
Cash surrender values start in the 10th year.
Add riders like CI Protect to save on fees.
Term to 100:
It provides lifetime coverage and protection until age 100.
Premiums and coverage are guaranteed for life.
Critical illness and other coverages can be added as riders.
Guaranteed Life Protect:
Guaranteed level premiums remain the same throughout the policy.
Cash surrender values begin at the 5th anniversary.
Reduced paid-up values available after the 8th anniversary.
Simplified application with no medical or lifestyle questions.