Universal Life Insurance

Equitable Generations^_TM Universal Life Insurance

Check out our Equitable Generations universal life splash page: www.equitable.ca/ul

Equitable Generations universal life is a 21^st century permanent insurance solution that offers flexibility with a wide range of tax-advantaged¹ savings and investment options to choose from.  This offers greater control over clients' investment strategy.

Key features include:

• Modern investment options offered through Canada’s leading fund managers such as Fidelity, Dynamic, and Invesco.
• Investment Bonus guarantees an annual rate of 0.75% of the policy’s account value starting in year 1.
• Simplicity with no policy administration fee and no Linked Interest Option (LIO) administration fees (except LIOs that track indices).
• Top-notch service when the time comes to make a claim.

Sustainable investment choices:

• Three ESG Index Options that provide clients the opportunity to participate in the returns of stock market indexes which apply ESG (Environmental, Social and Governance) principles.
• Three Climate Leadership^® funds managed by Fidelity^® that intend to seize the financial opportunities of the global transition to a low carbon economy.

Check out our new fund page on EquiNet^® or Equitable Generations Savings and Investment Options (pdf) for more information. 

Target Date investing

• Fidelity’s ClearPath^® series invests with a balanced criteria such that clients can grow their fund value during their earning years before the portfolio automatically adjusts the risk as retirement nears.

Check out Target Date Investing (pdf) for more information. 

Overview of caring claim support through KIND^TM

• Compassionate Advance (non-contractual)²: Disbursement of a portion of the death benefit equal to the lesser of 50% of the coverage or $100,000 if the insured person becomes terminally ill.
• Snap Advance (non-contractual)²: Immediate access, upon request, to a portion of the death benefit totaling the lesser of the policy cash value or $25,000.
• Bereavement Counselling: $1,000 total provided to beneficiaries towards payment of counselling costs.
• Living Benefit: Payment of a portion of the account value in the event of a mental or physical disability as outlined in the policy contract.

For more information including full eligibility criteria and conditions/limitations, check out 2053 KIND™ caring claim support package or the Equitable Generations policy contract. 

Have a "glance" at Equitable Generations

Check out Equitable Generations At-a-glance for a quick overview of the insurance solution and its features. 

Equation Generation^® IV universal life insurance

Key features include:

• Choice of level and yearly renewable term (YRT) cost of insurance (COI) options.
• Two product versions which each has its own bonus schedule.
• Competitive contractual minimum returns for Guaranteed Deposit Accounts.³

Have a "glance" at Equation Generation IV

Check out Equation Generation IV At-a-glance for a quick overview of the product and features.