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The CAA Guaranteed Life Insurance Plan offers you affordable rates that will never go up.
As a CAA Member, coverage under the CAA Guaranteed Life Plan is yours at rates that are guaranteed never to increase for as long as you are covered. What's more, at the age of 100, you'll have no further premiums to pay, while your coverage will remain in effect!
Choose up to 10 units of coverage. Each unit equals a $2,500 life benefit after coverage has been in force for two years (or $12,500 in the case of accidental death at any time before age 85) plus an exclusive opportunity for a 2% CAA Member Bonus. On each anniversary of your enrollment in this Plan, your CAA Member Bonus will grow by 2% of the amount of your Guaranteed Life benefit at time of claim if you continue to be a CAA Member, for up to 25 years. That's up to $12,500 in extra protection after 25 years, with no additional premiums to pay!
This table shows the monthly rates for each $2,500 unit of coverage. Find the rate that applies to you, depending on your age, gender and whether you smoke. To determine your monthly premiums, multiply this rate by the number of units, up to 10, that add up to the coverage you want.
If you prefer, we can calculate your premiums for you. You can even download an Application Form, complete with a rate table, and start taking advantage of these guaranteed rates without delay.
Monthly Premiums Per Unit*
of $2,500 Life Benefit / $12,500 Accidental Death Benefit
plus 2% CAA Member Bonus***
 | Non-Smoker**** | Smoker |
Age at Issue | Male | Female | Male | Female |
50 to 51 | 8.16 | 6.17 | 13.21 | 9.46 |
52 to 53 | 9.01 | 6.80 | 14.67 | 10.38 |
54 to 55 | 9.94 | 7.50 | 16.31 | 11.39 |
56 to 57 | 11.16 | 8.44 | 18.25 | 12.65 |
58 to 59 | 12.56 | 9.54 | 20.46 | 14.09 |
60 to 61 | 14.15 | 10.82 | 22.89 | 15.69 |
62 to 63 | 15.95 | 12.36 | 25.54 | 17.49 |
64 to 65 | 17.99 | 14.12 | 28.49 | 19.49 |
66 to 67 | 20.36 | 16.08 | 31.60 | 21.81 |
68 to 69 | 23.06 | 18.30 | 35.01 | 24.43 |
70 to 71 | 26.11 | 20.81 | 38.55 | 27.29 |
72 to 73 | 29.52 | 23.64 | 41.95 | 30.32 |
74 to 75 | 33.38 | 26.86 | 45.65 | 33.69 |
Remember! When you become insured under the CAA Guaranteed Life Plan, your premiums are guaranteed never to increase.
Be sure to read about the limitations and exclusions to this coverage here.
* Choose the number of units that equal the coverage you want, up to 10 units. Suicide is a risk not covered. If death during the first two years is due to non-accidental causes (other than suicide), the benefit payable will be equal to all premiums paid plus 10% interest compounded annually.
** Accidental Death benefit is payable for an accidental death due to a bodily injury caused by external and purely accidental means. See the limitations and exclusions to this coverage.
*** Read about the CAA Member Bonus.
**** Non-Smoker rates are for those who have not smoked cigarettes in the last 12 months.
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