Individual Life Insurance

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Invest in your retirement plan and save on your life insurance plan

2019 RRSP Campaign: For a limited time only!
When you invest $10,000 or more in a guaranteed retail investment product, you, your spouse and/or your children will receive a premium discount for the first year of a life insurance policy coverage. This premium discount is applicable on any UL Mutual life insurance product!
* Except for Early learning

Details on premium discounts


Visit the Investment and Retirement page to learn more about the 2019 RRSP Campaign
Investment and retirement

Contact your financial advisor to learn more about your investment possibilities. 
Talk to an advisor



Life insurance is a perfect financial management tool to:

  • Pay your funeral expenses
  • Pay your tax and debts after your death
  • Maintain your beneficiaries’ standard of living
  • Leave an inheritance to your succession

It also gives you the possibility to:

  • Save tax-free
  • Benefit from a higher income at retirement

How to establish the life insurance amount you need?

You need to estimate your family’s financial needs in the event of your death, considering:

  • Your debts (mortgage, car loan, credit card balance and others)
  • Your funeral cost
  • The income you need to support your dependents (like your children)
  • The inflation rate

The face amount and accumulated savings with a life insurance are tax-sheltered.

Choose the insurance type that fits you more:

Duration 10 years or 20 years Lifetime Term to 100 years old
Age 18 to 65 years old 0 to 75 years old 0 to 15 years old
Description • Instant coverage without engagement for a specific period
• The most economic and flexible solution
• Renewable until death
• Convertible until 70 years old without evidence of insurability
• Guaranteed premium
• Solution offering a surrender value increasing over the years
• Choice of the premium payment due dates
• Surrender value available
• Possibility of partial surrender
• Term to age 30 insurance converted at expiry into Term to 100 insurance
• Competitive & guaranteed rate under the policy
• Coverage in the event of a death and against 9 critical illnesses
• Automatic indexation
• Possibility to add the invoice option
Cost $ $$ $
How to choose? You have:
• A limited budget
• Debts to reimburse in the short and medium term
You wish to:
• Leave an inheritance
• Keep your insurance no matter your health condition
You wish to:
• Protect the insurability of your child

Get a personal insurance