Permanent Insurance
Foresters Canada’s Permanent Life Insurance products offer stability and long-term financial well being, providing for estate preservation, business planning or retirement.
With our permanent life insurance products, you can get lifetime coverage. Some of these products also offer the added benefit of accumulating cash value.
Cash value is the amount of money paid to the policy holder if the policy is terminated. As long as you pay your premiums and your policy stays in force, the cash value accumulates year after year; depending on which product you choose, it may be added to the death benefit. It’s a real asset with real value that can help protect you and your family for an entire lifetime.
Some of our permanent products are also participating whole life insurance plans, which are eligible to earn dividends. Depending on the product you choose, these dividends can be:
- Paid to you in cash
- Left as "dividends on deposit" to earn interest
- Used to purchase "paid-up additions" that can be added to the death benefit and contribute to growth in cash value
- Used to pay or reduce premiums
To request a personalized insurance quotation or additional information about our permanent insurance products, contact a Foresters Canada independent insurance representative1 today.
