CBIA Introduces Improved Term Life Insurance
Proposed Amendment to Rule 26 The Canadian Bar Insurance Association Board of Directors is pleased to announce the June 1, 2005 launch of Level 80 Term Life Insurance.* This new plan features several unique improvements over our previous Term Life benefit and is offered at rates significantly lower than most comparable term life plans.
Designed to be both comprehensive and reasonably priced, Level 80 Term Life includes a built-in feature that will pay your premiums in the event a serious disability prevents you from working. It also provides you with the Good Health Renewal Option. This unique feature allows you to benefit from your continued good health after your initial purchase date. However, there is no need to worry about your coverage should your state of health change. Your full amount of protection will remain in-force, to age 80, at premiums that are often substantially lower than many other comparable term insurance plan renewal rates.
Level 80 Term Life is one of the most significant and exciting new benefit offerings ever launched by the CBIA. For more information on Level 80 Term Life Insurance, or a no-obligation quote, call your B.C. and Yukon CBIA Authorized Representative, Mass & Co. Financial Planning at 604-688-8790, or 1-888-477-5630 or visit www.barinsurance.com.
*Underwritten by the Manufacturers Life Insurance Company (Manulife Financial).
This article was published in the June 2005 issue of BarTalk (article courtesy of the Canadian Bar Insurance Association).
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