Platinum Protection Term
Platinum Protection Term is the best solution for healthy people looking for non-medical (no exam) life insurance. You can choose between 10 or 20 years of coverage depending on your insurance needs. Best of all, you can convert Platinum Protection Term into a permanent whole life policy without having to re-qualify for insurance.
Product details:
- For individuals aged 18 to 70
- Term options: 10, 20 years
- Minimum coverage: $50,000 (ages 18 to 44) $25,000 (ages 45 to 70)
- Maximum coverage: $500,000
- Renewable
- Convertible
- No medical exam, no blood tests required
- No attending physician statement (APS)
- Premiums and coverage that will never change for duration of term selected
- Living benefit: 50% of sum insured in case of terminal illness
- Transportation benefit (200km/up to $2,000)
- Temporary insurance agreement