ParPlus
ParPlus, a participating whole life insurance, pays out dividends that can help increase your income or reduce your insurance costs. You can also accumulate, for a larger payout!
ParPlus guarantees a basic amount upon death, a cash surrender value and premiums that will never increase -- making it possible to benefit from an extra source of income or increase the amount of insurance protection, depending on the dividend option chosen.
Product details:
- No medical exam required automatically for coverage of $999,999 or less*
- Premium payment period options:
- For individuals aged:
- 18 to 70 if payable for 20 years
- 18 to 75 if payable for life
- Coverage ranging from $5,000 to $4,000,000
- Additional rider options available, including:
- Disability Income
- Critical Illness
- Child Insurance Benefit
- And more!
- Ability to vote at Assumption Life's annual general meetings
* This product contains certain limitations and exclusions.
Learn more about dividends in the Client Corner section of our website.