Policy information

How prepared are you for the unexpected?

If you or your spouse died, would your family be faced with an economic as well as an emotional crisis?

While the life insurance coverage in your employee benefit program may be adequate to meet most of your financial needs, it may not be enough to meet all of your obligations, or those of your family.    When you consider the potential costs of things like your children’s education, day care, emergency expenses, estate settlement fees, housing or other costs, your current group insurance coverage may not be enough – especially if it has to support your family over the long term, perhaps even for years.

Introducing Privileged Selection group term life insurance coverage

Privileged Selection group term life insurance offers you an opportunity to enhance your life insurance coverage at truly competitive rates.

For example, a woman who is a non-smoker and under the age of 35 could qualify for $100,000 of life insurance coverage for as little as $5 per month.  A male, non-smoker in the same age range would pay just $6 per month for the same amount of life insurance coverage.

Click here to download the application.

Coverage up to $500,000 for you and your spouse

Available in units of $10,000, Privileged Selection group term life insurance can provide up to $500,000 of additional life insurance coverage for you and up to $500,000 of coverage for your spouse. 

To enrol your spouse in the Privileged Selection group term life insurance program, simply have him or her complete and sign the spousal portion of the application.

Click here to download the application.

Coverage to age 70

Privileged Selection group term life insurance coverage lasts until the earlier of age 70 or your termination of active participation in a Coughlin group insurance, pension or individual plan.