FollowMe^™ Life Insurance

Even though you know how essential protection is, when your group life insurance coverage ends it may be difficult for you to find affordable life insurance to replace it, due to your age or health issues. FollowMe^™ Life features:

• No medical questions at the time of application: Your acceptance is guaranteed if you apply within 60 days of your work plan ending - as long as you are not ill or injured when you apply! Acceptance is guaranteed upon receipt of first premium payment. The only health-related question you will need to answer is whether or not you are a smoker, which is used to determine your premium.
• Choose a coverage amount from $25,000 to $200,000¹, available at affordable rates. You can apply for the same amount of coverage you had at work, or less. And if your spouse was covered through your work plan, they can do the same.
• Guaranteed renewable up to age 80 regardless of any changes in your health. We will never cancel your coverage, as long as you pay your premiums.
• Living Benefit included at no extra cost, giving you a cash advance of up to 50% of your coverage to a maximum of $50,000, if you’re diagnosed with a terminal illness with less than 12 months to live. Available once your coverage has been in effect for 2 years.

You are eligible to apply for FollowMe^™ Life Insurance if:

• You are between the ages of 18 and 69 inclusive
• You are a Canadian resident who is leaving a group life insurance plan and you apply within 60 days of losing coverage

• Coverage will not be extended to persons who are ill or injured at the time their group life coverage ends.
• Benefits will not be paid where death results from suicide within two years of the effective date of the policy. In such cases, total premiums paid will be returned without any interest adjustment.
• Benefits will not be paid where death results, directly or indirectly, from a pre-existing condition during the 24-month period following the effective date of the policy. In such cases, total premiums paid will be returned without any interest adjustment. ("Pre-existing condition" means any injury, illness or physical condition, whether diagnosed by a physician or not, for which medical treatment was sought, recommended, required or obtained, or for which drugs were prescribed and/or taken within the 24-month period immediately prior to the effective date of coverage.)

• You may name one or more beneficiaries to receive any death benefit payable after your death.
• If there is no surviving beneficiary or if no beneficiary has been named, any death benefit that becomes payable upon your death will be paid to your estate.
• You must name a trustee for any beneficiary(ies) under the age of 18. In Quebec, the designation of the spouse as beneficiary is irrevocable unless otherwise stated.