Member's Term Life Insurance

An insurance program that will cover both loan insurance and agricultural business needs in one convenient package.

Peace of mind: Expand/Collapse

"You can rest assured, knowing you're covered should something unexpected happen."
- Term Life Insurance available.

Affordable: Expand/Collapse

"You can purchase insurance at an affordable rate."
- Competitive rates based on:

  • Age, male/female, smoker/non-smoker.
  • Premiums adjusted at 5 or 10-year intervals.

Flexible: Expand/Collapse

"You can choose the amount of coverage you want, up to the authorized limit on your revolving credit loan."
- Coverage limits $10,000 to $2,000,000.

"You have the opportunity to insure for more than your current loan balance, up to the authorized revolving credit limit."
- Insured amount remains constant regardless of loan balance.

"As long as you have a business revolving credit loan you can apply for insurance today or anytime in the future."
- No closing date for application.

Convenience: Expand/Collapse

"You can meet your insurance and borrowing needs in one convenient package."
- Present and future insurance needs.

Additional Information:

- Insurance only available for new or existing business revolving credit loans.
- Coverage ceases on 75th birthday.

Who might benefit from this product/service?

Any person between the ages of 16 and 69 who is looking for insurance coverage for their business revolving credit loan.

 

Find Branch/ATM

Enter address, postal code or branch name
Contact our helpful Member Contact Centre (Call Centre)

Want to talk?

Request a call from one of our expert advisors.
Make an appointment

Apply Today

  • Share This Page
  • Build Customized Brochure
  • Was this helpful?