Compare Term Life
| Term 10 | Term 20 | Term 30/65 | |
|---|---|---|---|
| Insurance type | Temporary | ||
| Initial term length | 10 years | 20 years | 30 years or up to age 65 |
| Minimum coverage available | $50,000 | ||
| Renewable after initial term | N/A | ||
| Renewable price structure | Yearly renewable term | Yearly renewable term | N/A |
| Builds cash value | N/A | ||
| Annual fee | $50 | ||
| Cost | $ | $$ | $$$ |
1. This includes non-contractual benefits that may be withdrawn or changed by Equitable at any time.
*All KIND program benefits are subject to the provisions of the Income Tax Act (Canada). Please speak with a tax professional before claiming a KIND benefit. Check your policy contract for terms and conditions.
**This is a non-contractual benefit. Equitable can change or withdraw this benefit at any time. Your policy must be in effect for the 24 months prior to the date of diagnosis with no reinstatement during that time.
***Payable amount is adjusted for any policy loans and cash withdrawals, living benefit payments already made, and any compassionate advance.