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Individual Insurance
Equimax participating whole life insurance for a child’s financial future
With the new school year approaching, this is a great time of year to start meaningful conversations with clients that can help them plan for their children’s future financial security.
4 ways to position participating whole life insurance for children:
1. It can help protect a child’s insurability. Buying permanent insurance while a child is young and healthy can make coverage more affordable and increase the likelihood they’ll be approved for insurance, while giving the policy more time to build value for the future.
2. It can provide access to cash value. It’s a versatile asset that can support multiple stages of a child’s lifetime financial journey.
3. It’s a stable investment option with tax-advantaged growth. It can be used for long-term wealth accumulation and legacy planning.
4. It provides a lasting financial gift. It can be used to benefit a child throughout their lifetime. It can also be used to help families transfer wealth to future generations.
Learn more about Equimax® participating whole life insurance:
• Forward thinking with Equimax whole life insurance for children
• A head start for tomorrow
• Case study: using a term certain annuity to prearrange the funding for a child’s Equimax 20 pay
1 minute read
Individual Wealth
Clients can now submit a death claim online
Clients can now submit a death claim online at www.equitable.ca/claims.
With this launch, eligible beneficiaries can submit certain individual life insurance and wealth death benefit claims online. This new option will provide a guided way for clients to submit death benefit claim information and supporting documents through our website.
The online form gives claimants a simple, additional option for starting a death claim. There is no change to the role advisors play in supporting clients and beneficiaries at claim time.
We're sharing this now so you're aware of the new option should you see it on our website or receive questions from clients or beneficiaries. A broader launch is planned for the fall.
Questions? Please contact your Equitable sales team.
1 minute read
Individual Insurance
Individual Wealth
Group Benefits
Who we are
The power of together
At Equitable, we believe in the power of working together. It's a mindset that drives our behaviours, decisions, and actions to deliver impact and positive outcomes for our clients, advisors, partners, each other, and the communities we cherish.