Guaranteed Issue Insurance by Canada Life
An easy and affordable way to help protect your family.
Union Savings is proud to offer special group rates for Guaranteed Issue Life Insurance underwritten by Canada Life, negotiated on behalf of our more than 900,000 members. If you are between the ages of 50 and 75, your acceptance is guaranteed.
As you get older, it can be harder to find affordable coverage - particularly if you have a medical condition or have been refused coverage in the past. It's an affordable way to help protect your family from the financial strain if you were to die unexpectedly.
Rates are as low as $9.95 per month†
There are no medical questions to enroll - your acceptance is guaranteed if you are between the ages of 50 and 75
Higher coverage amounts available for non-smokers
Enroll online in minutes
Get approved and covered immediately
Coverage automatically doubles with Accidental Death*
No premiums are required once you turn 85, but your coverage continues for life**
If you want to leave a tax-free gift for your loved ones to help pay off any debts, funeral expenses or to use in any way they may need, life insurance should be an important part of your plans.
The older we get, the harder it can be to get affordable life insurance. If you’re 50-75, the Union Savings Guaranteed Issue Life Insurance Plan my be an option for you.
For more information or to apply, please verify your Union Savings membership
†Plus applicable taxes.
*During the first two years, you will be covered if you die from an unforeseen accident due to an external cause of a violent nature. After that period, you will be covered if you die from any cause. After the two year waiting period, your beneficiary will receive double the amount of your coverage if you die accidently before age 85.
**As long as the group policy remains in force.
The Union Savings Guaranteed Issue Life Insurance Plan is group insurance coverage underwritten by The Canada Life Assurance Company. Coverage amounts will vary according to level of premium, age, gender and smoking categories chosen. Eligibility age is 50 to 75 years old. Complete details of coverage, including any limitations or exclusions that may apply, are set out in the Certificate of Insurance provided on enrollment. Please read it carefully and keep it in a safe place.
™ Canada Life and design are trademarks of The Canada Life Assurance Company.