Participating Life Insurance
Participating life insurance can combine permanent life insurance protection with a tax-advantaged savings component. It can provide insurance protection for life, provided premiums are paid when due.
Participating life insurance is flexible permanent life insurance with:
- A core of guarantees for basic coverage—premium, death benefit and cash surrender values
- A tax-advantaged savings component
- The potential for earning policyholder dividends that can be used to purchase additional life insurance or reduce your out-of-pocket premiums (policyholder dividends aren’t guaranteed)
- A choice of riders and benefits that can be added to the basic policy
- Premium flexibility
Participating life insurance policies have the potential for earning policyholder dividends. Learn more about the benefits of participating life insurance.
In Canada, the opportunity to earn policyholder dividends is unique to participating life insurance policies. Participating policyholders share in the experience of the pool of participating life insurance policies through the payment of policyholder dividends.
Our participating life insurance products, Wealth Achiever and Estate Achiever, are designed to help you achieve your financial goals.
Find the current rates and values for participating life insurance.
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