PERMANENT LIFE INSURANCE

Permanent life insurance (also known as Whole Life Insurance) remains in force for the whole of the policyholder's lifetime. The premium amount can be paid up over 20 years, until age 65, or to age 100.

Advantages of Family Life Insurance Services Permanent Insurance Policies:

100% tax-free in Canada
10-day money-back guarantee
30 days of grace for late premium payments
Issued by long-standing Canadian insurance companies
Rates among the best in Canada


Some policies give non-smoker rates to smokers for the first 2 years as an incentive to quit smoking.
Many policies provide free of charge Best Doctor Service, which locates the best medical care in the world.


Some plans offer a cash surrender option that allows you to cancel your policy after a number of years and receive a lump-sum tax-free payment. Most plans also have a reduced paid-up option that gives you the option of stopping your payments and reducing your coverage amount.

As an added benefit, most of our permanent plans offer the Best Doctors™ service. If you are diagnosed with a critical illness, Best Doctors™ gives you information about the best medical treatments and experts in your region, country, and the world.

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NO MEDICAL

These policies do not require you to take a medical exam. To complete the application process, you just need to answer some simple yes or no medical questions.

SIMPLIFIED LIFE PLUS

If you are a non-smoker between 25 to 80, and have been in good health for the past 5 years, you may be eligible to purchase this plan online today. Benefit amounts can be up to $75,000. Features include terminal illness and transportation benefits.

SIMPLIFIED LIFE

This plan was designed for people 25 to 80 who may have health conditions, do not want to take a medical exam, or provide a doctor's report. Benefit amounts range from $1,000 to $50,000. Features include terminal illness and transportation benefits.

DEFERRED LIFE INSURANCE

Deferred Life was designed for the hard-to-insure and seniors. If death occurs in the first two years, premiums are returned plus 3% simple interest. Those in better health should purchase either the Simplified Life or Simplified Life Plus policy. It can be purchased by those 25 to 80.

TRADITIONAL

TERM TO 100

Term to 100 offers guaranteed lifetime protection with premiums payable to age 100. If you smoke, you will automatically get non-smoker rates for the first 2 years as an incentive to quit. Benefits range from $100,000 to $3,000,000. Available for those 20 to 70.

PLUSTERM GUARANTEED

This plan offers guaranteed lifetime coverage from $100,000 to $5,000,000. Your premium rate will never increase and you'll stop making payments once you turn 65, leaving you more money to enjoy your retirement. If you live to be 100, your coverage amount is immediately paid to you in full - tax-free. Available for those 18 to 45.

LIFE OPTION

Purchase $50,000 to $5,000,000 in benefits and your premium payments will never increase. Payments may be made for 20 years, or until you turn 65 or 100. Cash surrender and reduced paid-up options are available beginning in your 20th policy year. Available for those 20 to 80.

LIFE OPTION PLUS

This policy is very similar to the Life Option policy, but with significant cash surrender and reduced paid up values as early as the 5th year. Standard coverage amounts range from $50,000 to $5,000,000. Available for those 20 to 80.

LIFE OPTION II

This policy is very similar to the Life Option policy, but with significant cash surrender and reduced paid up values beginning in your 4th policy year. Standard coverage amounts range from $50,000 to $5,000,000. Available for those 20 to 80.

DIVIDEND PLAN

The Renaissance plan offers $50,000 to $2,000,000 in benefits. Premiums are payable for 20 years. After your 10th policy year, your premiums will be lower and your benefit amount may increase. Dividends are used by the insurance company to purchase additional insurance. Available for those aged 18 to 75.

RENAISSANCE

The Renaissance plan offers $50,000 to $2,000,000 in benefits. Premiums are payable for 20 years. After your 10th policy year, your premiums will be lower and your benefit amount may increase. Dividends are used by the insurance company to purchase additional insurance. Available for those aged 18 to 75.

INSURANCE FOR CHILDREN

JUVENILE LIFE OPTION II

The Juvenile Life Option II policy is a permanent life insurance plan for children aged 0 to 17, with $50,000 to $500,000 in benefits. The premium payments will never increase. Payments may be made for 20 years or until the child turns 100.