Individual Life & Health Insurance

Introducing EquiLife Limited Pay Universal Life

  • Guaranteed Limited Pay COI Periods
  • Guaranteed Cash Values
  • Low Cost Life Insurance Protection

Equitable Life offers several products serving a broad market.

EquiLife Limited Pay Universal Life

EquiLife Limited Pay Universal Life is a participating life insurance plan that combines guaranteed cost of insurance pay periods and guaranteed cash values with the flexibility you have come to expect from a UL plan. With a wide variety of investment options, EquiLife provides a choice when it comes to serving your long-term protection, savings, and investment needs.

EquiLife...Protecting today and tomorrow!

Here are a few of the features and benefits that EquiLife offers:

EquiLife...Protecting today and tomorrow!

*Linked Interest Options are NOT Mutual Funds or Indexes; you are not acquiring units in a mutual or investment fund or other security. You are placing funds on deposit; earning interest, with the general funds of Equitable Life. Performance is not guaranteed. You may be credited positive or debited negative interest depending on the performance of the Mutual Fund or Index being tracked. The Mutual Fund or Index being tracked may change at any time. Linked Interest Option Administration fees may apply.

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Equation Generation IV Universal Life

Equation Generation IV Universal Life combines low-cost life insurance protection with a competitive tax-sheltered savings program to protect you and your family's changing lifestyle.

And your Equation Generation IV policy can be designed for your life.

Equation Generation IV...meeting your Insurance Needs.

Equation Generation IV Universal Life provides you with the ability to customize your insurance plan, with your choice of two plan options...

You can choose from four Death Benefit Options:

You can also choose from three guaranteed Cost of Insurance types*:

* Not all Cost of Insurance types are available with all Death Benefit Options

Furthermore, with your Equation Generation IV Universal Life insurance policy, you can increase your coverage or decrease your coverage as you need, subject to our current administrative rules and underwriting.

Equation Generation IV Universal Life Insurance...maximizing your Savings

There's no better time to start saving than now! With Equation Generation IV, you have a wide range of investment opportunities that you have control over. Equation Generation IV provides you with the following tax-sheltered1 Savings and Investment Opportunities:

It is important to remember that the tax-sheltering room available with your Equation Generation IV policy varies depending on the level of insurance coverage you select.

With the Calibrator® Option available on Equation Generation IV, you can take full advantage of the tax-exempt room available within your policy, maximizing your cash accumulation! To provide further protection for your tax-sheltered investments in volatile times, you can specify the percentage of the total reduction that you would like applied to your Sum Insured at the time you request the Calibrator® Option to be started. This percentage can be of any amount, and you can change your chosen percentage reduction in the future!

1 Subject to maximums as prescribed in the Income Tax Act (Canada)

2 Linked Interest Options are NOT Mutual Funds or Indexes; you are not acquiring units in a mutual or investment fund or other security. You are placing funds on deposit; earning interest, with the general funds of Equitable Life®. Performance is not guaranteed. You may be credited positive or debited negative interest depending on the performance of the Mutual Fund or Index being tracked. The Mutual Fund or Index being tracked may change at any time. Linked Interest Option Administration fees will apply.

Equation Generation IV...offers Critical Illness Protection

EquiLiving Critical Illness Insurance riders, if elected, can provide you with a lump sum benefit in the event you are diagnosed with and survive the applicable survival period for one of the 25 covered conditions as defined in the rider contract. The lump sum benefit is paid to the person insured under the rider, not to his or her heirs. And you may use your benefit however you wish.

Also included with the EquiLiving Critical Illness Insurance rider is an Early Detection Benefit providing you with a lump sum of up to $25,000 if you are diagnosed with and survive the applicable survival period for one of four non life-threatening conditions:

And the EquiLiving Critical Illness Insurance rider also provides you with access to the services of Best Doctors®. At claim time, the best medical advice, the best doctors, personalized service, and access to the best medical treatment centres-worldwide-is just a phone call away. EquiLiving.Protection when it's critical and Best Doctors...Information when it matters most!

Equation Generation IV...adding up the Benefits

Equation Generation IV Universal Life provides you and your family with the security of life insurance protection, the opportunity for tax-sheltered cash accumulation, plus the flexibility you need.

Equation Generation IVDesigned by you...Designed for your life®

Best Doctors trademarks and logos are trademarks or registered trademarks of Best Doctors, Inc. in the U.S. and other countries, and are used under license.

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Equimax® and Equimax 20-Pay Whole Life Insurance… For Your Whole Life™!

Equimax participating whole life insurance is the perfect choice for your client's seeking cost effective guaranteed life insurance protection with strong guaranteed cash values that are so important in today's market.

Equimax offers a number of benefits such as:

  • Strong later duration cash values that are great for retirees seeking a high death benefit for estate preservation
  • Tax deferred growth for savings accumulation, through Excelerator Deposit Option (EDO) payments
  • A strong and stable Participating Account allowing a hands-off investment approach for those wary of investing in the market themselves. See Equitable Life Participating Account
  • Competitive early cash values that give your client flexibility to access funding for unexpected needs

Not only does Equimax offer a choice of two guaranteed premium payment options: Equimax Life Pay and Equimax 20-Pay; it has the benefit of unique riders only available on a whole life plan from Equitable Life.

Available Riders include:

  • Children's Protection Rider
  • Guaranteed Insurability Option
  • Flexible Guaranteed Insurability Option (for juveniles)
  • Additional Accidental Death Benefit
  • Term Riders
  • Disability Waiver of Premium
  • Insured Child Waiver of Premium
More Info

Equitable Life Participating Account

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Term Plans

10 AND 20 YEAR RENEWABLE AND CONVERTIBLE TERM PLANS (10YRCT AND 20YRCT)

Should you require low-cost insurance coverage to cover a temporary personal or business need, Equitable Life has a plan to suit.

10YRCT provides level life insurance protection, with guaranteed rates renewing every 10 years.

20YRCT provides level life insurance protection, with guaranteed rates renewing every 20 years.

Both plans offer competitive rates and are renewable to age 85 and convertible to age 71.

For Personal Protection:

For Business Protection:

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More Info

Download PDF Brochure

EQUILIVING.....CRITICAL ILLNESS INSURANCE

Nobody likes to think about the possibility of being diagnosed with a critical illness, but it's a possibility that we just can't afford to ignore.

Fortunately, with today's medical advances, there's a ray of hope: the odds of surviving diagnosis of a critical condition are far more likely than ever before. But how would survival of a critical illness impact your finances?

Could you afford to:

Yes...you can!

EquiLiving®...protection when it's critical!

EquiLiving critical illness insurance from Equitable Life offers you:

Printable Product Information *(Adobe Acrobat required)

How much EquiLiving critical illness coverage do I need?

25 Critical Conditions covered by EquiLiving®

EquiLiving® offers three plan types to choose from:

EquiLiving 10 Year Renewable to Age 75 - providing level critical illness insurance protection, your policy will renew and your guaranteed premiums will increase every 10 years to reflect the increasing cost of the coverage as you age. At the policy anniversary nearest your attained age 75, your EquiLiving policy expires

EquiLiving Level to Age 75 - providing level critical illness insurance protection, your guaranteed premiums will remain level until the policy anniversary nearest your attained age 75, when your EquiLiving policy expires.

EquiLiving Level to Age 100 - providing level critical illness insurance protection, your guaranteed premiums will remain level until the policy anniversary nearest your attained age 100, at which time no further premiums for the policy are required.

EquiLiving® provides you with a lump sum benefit when it's critical...

EquiLiving Benefit
Equitable Life will pay the EquiLiving benefit amount to you in a lump sum following the diagnosis by a licensed physician in Canada, the US, or other region as approved by Equitable Life of a covered critical condition as defined in the policy contract and satisfaction of the specified survival period. The lump sum payment is made to you, and you may use it however you wish to make your life with a life-altering condition more comfortable.

Early Detection Benefit
EquiLiving also automatically includes an Early Detection Benefit. This benefit provides you with a one-time lump sum benefit if you are diagnosed with and survive the survival period applicable to Coronary Angioplasty or one of the following forms of non life-threatening cancer: Early Prostate Cancer, Ductal Breast Cancer, or Superficial Malignant Melanoma. The Early Detection Benefit will be the lesser of 10% of your then current EquiLiving benefit amount and $25,000. The Early Detection Benefit is payable only once for one of the Early Detection Benefit covered conditions. Payment of the Early Detection Benefit will not cause your policy to terminate, reduce your EquiLiving benefit, your Return of Premiums on Death, or your policy premiums.

EquiLiving and Best Doctors®...Protection When It's Critical and Information When It Matters Most

Because EquiLiving is designed to help you live with a critical illness, Equitable Life has established a relationship with Best Doctors. Best Doctors, Inc. is a company that gives you the extra protection and peace of mind that comes from knowing that, if the worst happens, help in finding the best medical care - not just in your city, province or country, but internationally - is just a phone call away. Access to the Best Doctors suite of services is currently available to EquiLiving policyholders, at time of claim.

The Best Doctors service is not a contractual service or benefit under the policy. It is an extra service offered by Equitable Life to policyholders, and Equitable Life is not obligated to provide or continue this service under the terms of your policy. Consequently, Equitable Life may, in its sole discretion, cancel access to the service at any time without notice to you. Services are provided solely by Best Doctors. Equitable Life shall have no liability or responsibility for such services.

Best Doctors trademarks and logos are trademarks or registered trademarks of Best Doctors, Inc. in the U.S. or other countries, and are used under license.

EquiLiving® - Return of Premiums on Death

This benefit is automatically included with all three EquiLiving plan types. If you die at any time while your EquiLiving policy is in force and no EquiLiving benefit has been paid or is payable, Equitable Life will return to your beneficiaries an amount equal to the applicable premiums you paid, up to a maximum of the EquiLiving critical illness sum insured.

Personalize your EquiLiving plan by adding any of the following optional riders:

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