An easy and affordable way to help protect your family
Union Savings is proud to offer special group rates for Guaranteed Issue Life Insurance underwritten by Canada Life, negotiated on behalf of our more than 900,000 members. If you are between the ages of 50 and 75, your acceptance is guaranteed. It's an affordable way to help protect your family from the financial strain if you were to die unexpectedly.
If you want to leave a tax-free gift for your loved ones to help pay off any debts, funeral expenses or to use in any way they may need, life insurance should be an important part of your plans. However, as you get older, it can be harder to find affordable coverage - particularly if you have a medical condition or have been refused coverage in the past.
The benefits of the Union Savings Guaranteed Issue Life Insurance plan include:
*During the first two years, you will be covered if you die from an unforeseen accident due to an external cause of a violent nature. After that period, you will be covered if you die from any cause. After the two year waiting period, your beneficiary will receive double the amount of your coverage if you die accidently before age 85.
Have any questions?
Please call Canada Life toll-free at 1-855-849-9948 Monday to Thursday 8:30 am to 6:00 pm and Friday 8:30 am to 5:30 pm ET.
The Union Savings Guaranteed Issue Life Insurance Plan is underwritten by The Canada Life Assurance Company.