Industrial Alliance Life Insurance

As one of Canada’s largest insurers, Industrial Alliance offers a full range of life and living benefits insurance, with an unparalleled flexibility in defining your insurance as it fits your need. Among Industrial Alliance’s noted benefits is the ability to choose the exact length, coverage, and benefits you need for your life insurance plan.

Industrial Alliance offers the following insurance plans:

IA Term Life IA Permanent IA Universal IA Critical Illness

Type of Plan

Term Length

Eligibility

Benefits

Access Life

15, 20, 25 years

Ages 20 to 65

Face amounts up to $500,000. Option to convert to a permanent plan up to age 71. Fixed premiums.

Pick-a-Term

10 – 40 years

Level: Ages 0 to (85 minus duration of the term)
Decreasing to 50%: 18 to (85 minus duration of the term)

Face amounts up to $10,000,000. Renewable to age 100 and convertible to a permanent plan up to age 71. Fixed premiums.

Whole Life

For Life, payable in 10, 15, 20 years, to age 65, or to age 100

Ages 0 to 70

Face amounts up to $10,000,000. Level premiums. Cash value available.

Access Life – Simplified

For Life

Ages 6 months to 80 years

Face amounts up to $500,000. No medical exams required to apply.

Life and Serenity 65

For life

Ages 15 to 65 years

Face amounts up to $1,000,000. Level premiums.

Child Life & Health Duo

For Life, payable until age 30

Ages 0 to 20 years

Face amounts up to $500,000. Level premiums. Convertible into a permanent critical illness plan.

Genesis

For Life, payable in 10, 15 or 20 years

Ages 0 to 85

Various investment options available. Level premiums.

EquiBuild

For Life

Ages 0 to 85

Investment options with very low management fees. Level premiums. Continued growth in face amounts and cash surrender values.

Transition – 25 Illnesses

10, 20 or 25 years, to age 75 or to age 100

Ages 0 to 65 years

Coverage for 25 critical illnesses. Face amounts up to $2,500,000.

Transition – 4 Illnesses

10, 20 or 25 years, to age 75 or to age 100

Ages 0 to 65 years

Coverage for 4 major critical illnesses. Face amounts up to $2,500,000.

Cancer Guard

10, 20 or 25 years

Under age 65

Face amounts $125,000 when diagnosed with cancer. Coverage without a medical exam.

Kiddy Plan

12-month period

Ages 2- 5 years

Lump sum benefit up to $2,000.

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IA Term Life

Type of Plan

Access Life

Term Length

15, 20, 25 years

Eligibility

Ages 20 to 65

Benefits

Face amounts up to $500,000. Option to convert to a permanent plan up to age 71. Fixed premiums.

Type of Plan

Pick-a-Term

Term Length

10 – 40 years

Eligibility

Level: Ages 0 to (85 minus duration of the term)
Decreasing to 50%: 18 to (85 minus duration of the term)

Benefits

Face amounts up to $10,000,000. Renewable to age 100 and convertible to a permanent plan up to age 71. Fixed premiums.

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IA Permanent Life

Type of Plan

Whole Life

Term Length

For Life, payable in 10, 15, 20 years, to age 65, or to age 100

Eligibility

Ages 0 to 70

Benefits

Face amounts up to $10,000,000. Level premiums. Cash value available.

Type of Plan

Access Life – Simplified

Term Length

For Life

Eligibility

Ages 6 months to 80 years

Benefits

Face amounts up to $500,000. No medical exams required to apply.

Type of Plan

Life and Serenity 65

Term Length

For life

Eligibility

Ages 15 to 65 years

Benefits

Face amounts up to $1,000,000. Level premiums.

Type of Plan

Child Life & Health Duo

Term Length

For Life, payable until age 30

Eligibility

Ages 0 to 20 years

Benefits

Face amounts up to $500,000. Level premiums. Convertible into a permanent critical illness plan.

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IA Universal

Type of Plan

Genesis

Term Length

For Life, payable in 10, 15 or 20 years

Eligibility

Ages 0 to 85

Benefits

Various investment options available. Level premiums.

Type of Plan

EquiBuild

Term Length

For Life

Eligibility

Ages 0 to 85

Benefits

Investment options with very low management fees. Level premiums. Continued growth in face amounts and cash surrender values.

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IA Critical Illness

Type of Plan

Transition – 25 Illnesses

Term Length

10, 20 or 25 years, to age 75 or to age 100

Eligibility

Ages 0 to 65 years

Benefits

Coverage for 25 critical illnesses. Face amounts up to $2,500,000.

Type of Plan

Transition – 4 Illnesses

Term Length

10, 20 or 25 years, to age 75 or to age 100

Eligibility

Ages 0 to 65 years

Benefits

Coverage for 4 major critical illnesses. Face amounts up to $2,500,000.

Type of Plan

Cancer Guard

Term Length

10, 20 or 25 years

Eligibility

Under age 65

Benefits

Face amounts $125,000 when diagnosed with cancer. Coverage without a medical exam.

Type of Plan

Kiddy Plan

Term Length

12-month period

Eligibility

Ages 2- 5 years

Benefits

Lump sum benefit up to $2,000.

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Industrial Alliance Life Insurance