CAA Term Life
Home > Term Life Plans > Why Term Life? > What's in it for you?

What’s in it for you: features and benefits


Common to all three Term Life Plans

Exclusive to CAA: an additional 50% of your death benefit (up to $250,000) will be payable to your beneficiary if you die as a result of a car accident while wearing your seatbelt.

Save up to 20%: enjoy 15% off, for coverage amounts of $250,000 or more. Plus save an additional 5% if you pay your premiums annually — that’s 20% savings every year!

50% Living Benefit: if you are diagnosed with a terminal illness and have less than 12 months to live, you can apply to receive an advance of 50% (up to $100,000) of your death benefit as long as your coverage has been in force for 2 years.

Optional* Critical Illness rider: receive a non-taxable lump sum benefit of up to $20,000 when you provide proof that you were diagnosed with cancer, heart attack or a stroke at least 90 days after your coverage came into force.

Optional Child Term Life rider:you can also apply for Child Life Insurance for $10,000 or $20,000. This option will cover all of your eligible dependent children with a single low monthly premium, regardless of how many children you have. Once you have child life coverage, your newborn children are automatically covered upon reaching the age of 15 days to 20 years, inclusive (or to 25 years if attending school full-time).

5-Year Term Life
20-Year Term Life
Lifetime Protection
Rates locked-in for 5 years

See rates
Get a quote
Rates locked-in for 20 years

See rates
Get a quote
Rates locked-in forever

See rates
Get a quote

LEGAL & PRIVACY ABOUT THIS SITE ABOUT MANULIFE FRANÇAIS
Manulife