Term Life Insurance for CARP Members
CARP members: Take steps now to help safeguard your family’s financial future. Due to a lack of cash value, term insurance can offer the most coverage for a given amount of money. Benefits may be used to pay off mortgages, debts or loans, final expenses, living expenses, childcare or education expenses.
- Coverage to $150,000: To age 70, coverage ranges from $50,000 to $150,000 in increments of $25,000. Choose the amount that suits your needs and budget.
- Apply Today: Premiums are based on your sex, smoking status and age at the time of application. Apply before your next birthday for lower premiums.
- When approved, premiums won’t change for 10 years.
- Your insurance coverage is guaranteed renewable every 10 years up to age 85.
- Before age 70, if desired, you can convert your term plan to a permanent life insurance policy – without the need for additional medical information.
Term Life Insurance for CARP Members is the affordable insurance solution that fits your life and helps protect your loved ones – today, and for years to come.
What to Look For
As CARP’s recommended insurance provider, we have a responsibility to help you make an informed buying decision. Our latest issue of Insurance Insights contains information that will help you compare different insurance products “apples-to-apples”.
Click Here to read the current issue – Volume 8, Issue 2
Attention Residents of Quebec:
To learn coverage options, plan details, or to make your purchase, please call toll-free: 1.855.460.3631
Insurance policies underwritten by The Manufacturers Life Insurance Company
The Term Life Insurance Plan for CARP Members is underwritten by The Manufacturers Life Insurance Company (Manulife), P.O. Box 670, Stn Waterloo, Waterloo, ON N2J 4B8. Manulife and the Block Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under licence. Product may not be available in all provinces. Terms, conditions and exclusions apply; see policy for details. Life and Health Plans offered by The McLennan Group Life Insurance Inc. Auto & Home and Pet Programs offered by The McLennan Group Insurance Inc.