Facts & Information Page:
Equitable Life Insurance - Canada

Canadian Money Advisor Rank

Product Names

Product Name


Equitable Whole Life Policy

10 Year Term Equitable Insurance

20 Year Term Equitable Insurance

COMPANY CONTACT INFORMATION:

Equitable Life Insurance
One Westmount Road North
Waterloo, ON N2J 4C7
Website:http://www.equitable.ca/

Customer Service Phone: 800-265-8878 Ext 660
Customer Service Fax:519-883-7404

Contact's Name:Sharmila Menon
Contact's Phone:800-265-8878 Ext 660
COMPANY INFORMATION AND BIOGRAPHY:

Equitable Life Insurance Canada is established in 1920 and considered as one of the leading independent mutual and life insurance companies in Canada. For more than 80 years, it has offered its customers not only with financial protection but also long-term ongoing stability and valuable relationships. As a progressive and viable organization, the firm is dedicated in providing the most excellent possible and most fitting products to its policyholders. Without any shareholders, the policyholders are entitled for the company’s dividends.

Individuals are being offered with life and health insurances which comprises the participating, whole life, term life, and critical illness insurance. Aside from that, retirement planning, commercial mortgages and savings services are also given to individuals along with the requirements you need to complete. For small and medium-sized businesses, Equitable Life grants group benefits which take in accidental death and dismemberment coverage, dental care coverage, short or long-term disability, and out-of-province or country travel assistance. Group savings vehicles and retirement services are on hand too.

Their most exceptional product is their Term Plans, which are obtainable in 10 and 20 year renewable and changeable policies. The 10YRCT offers level life insurance protection with assured rates renewed every 10 years, while 20YRST grants very similar protection but for every 20 years. Equitable Life has been in the provinces of British Columbia to Ontario. It is also found in the Atlantic Provinces as well as in Bermuda in 1982.

Product Name Product Description
Equitable Whole Life Policy Equitable Life’s 10 Year Term Policy is on hand with face amounts as low as $50,000. The issue age limits would be between 18 to 75 years of age. Equitable Life presents preferred rates for those who meet the criteria, on amounts over $250,000 for both smoker and non-smoker policies. The plans also have the following riders and features obtainable as extra benefits. It would comprise the accidental death benefit, guaranteed issue rider, waiver of premium rider, and children’s life insurance rider.

Aside from that, the tax-free death benefit will be paid on the policyholder’s heirs. Both of the plans have a built-in bereavement counseling benefit. This benefit automatically reimburses any counseling costs to the beneficiary of the insured up to $500 per claim. The receipts must be presented within a 12-month period upon incurring the expense. Another great feature in Equitable Life’s Term insurance line-up is its conversion credit. All term policies changed to a permanent can qualify for a 25% credit of the last 12 months of premiums.
10 Year Term Equitable Insurance Equitable Life’s 10 Year Term Policy is on hand with face amounts as low as $50,000. The issue age limits would be between 18 to 75 years of age. Equitable Life presents preferred rates for those who meet the criteria, on amounts over $250,000 for both smoker and non-smoker policies. The plans also have the following riders and features obtainable as extra benefits. It would comprise the accidental death benefit, guaranteed issue rider, waiver of premium rider, and children’s life insurance rider.

Aside from that, the tax-free death benefit will be paid on the policyholder’s heirs. Both of the plans have a built-in bereavement counseling benefit. This benefit automatically reimburses any counseling costs to the beneficiary of the insured up to $500 per claim. The receipts must be presented within a 12-month period upon incurring the expense. Another great feature in Equitable Life’s Term insurance line-up is its conversion credit. All term policies changed to a permanent can qualify for a 25% credit of the last 12 months of premiums.
20 Year Term Equitable Insurance Equitable Life’s 20 Year Term Policy is on hand with face amounts as low as $50,000. The issue age limits would be between 18 to 75 years of age. Equitable Life presents preferred rates for those who meet the criteria, on amounts over $250,000 for both smoker and non-smoker policies. The plans also have the following riders and features obtainable as extra benefits. It would comprise the accidental death benefit, guaranteed issue rider, waiver of premium rider, and children’s life insurance rider.

Aside from that, the tax-free death benefit will be paid on the policyholder’s heirs. Both of the plans have a built-in bereavement counseling benefit. This benefit automatically reimburses any counseling costs to the beneficiary of the insured up to $500 per claim. The receipts must be presented within a 12-month period upon incurring the expense. Another great feature in Equitable Life’s Term insurance line-up is its conversion credit. All term policies changed to a permanent can qualify for a 25% credit of the last 12 months of premiums.