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Choosing an Insurance Product
Use this diagram to help choose the insurance product that best fits your customer.
Single Payment Option
SPIA Single Pay
Insurance Annuity
Full coverage from day 1
Ages 0 – 99
Min. face amount: $400
Max. face amount: $15,000
Insured's signature is not required
Time Pay Option
GIIB
Guaranteed Issue Insurance Benefit
1-year plan: ages 0 – 99
3- or 5-pay: ages 0 – 85
10-pay: ages 0 – 80
Min. face amount: $1,000
Max. face amount: $15,000
Return of premiums paid plus 10% months 0-24
Full coverage beginning month 25
Accidental death benefit months 0-24
Cost of insurance associated with this product
Insured's signature is not required
TruStage Life of Canada PO Box 79010 Concord PO Concord, ON L4K 4S8 |
1-888-977-3752
|
TruStage.ca