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Life insurance for your whole life

Foresters Advantage Plus Whole Life1 is a life insurance solution designed to help meet your financial needs and take care of your loved ones because it offers:

  • Death benefit amount, premium amounts, and cash values that are guaranteed for your lifetime.
  • Advantage Plus Whole Life is a participating product, which means it has the potential for dividends.2 These dividends can purchase additional paid-up insurance and build additional cash value, be left on deposit to accumulate with interest, reduce premiums, or be paid in cash.

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Research suggests that remaining active and keeping stress under control can have a big impact on your longevity.3 Giving back to others may also have significant health benefits.4

Advantage Plus whole life insurance

Product overview

Advantage Plus from Foresters offers solid protection, a range of attractive options and benefits, the flexibility to meet changing needs, and the opportunity to contribute to your favourite registered charity with our Charity Benefit provision.5

Advantage Plus provides a tax-free death benefit6 that can protect the financial security of your loved ones in the event of an untimely death. In addition, the cash value of your Advantage Plus certificate grows over time and can be accessed either by withdrawing money directly from the certificate or by requesting a certificate loan.7

As a participating product, Advantage Plus provides the opportunity to earn dividends. Depending on the option you choose, these dividends can be:

  • Paid to you in cash
  • Used to purchase additional insurance that can be added to the death benefit and contribute to growth in cash value
  • Left as "dividends on deposit" to earn interest
  • Used to pay or reduce premiums

Foresters Financial provides financial solutions and services to help today's families achieve financial security and make a lasting difference in their lives and communities.

1Underwritten by The Independent Order of Foresters.

2Dividends are not guaranteed.

3Source: Science News Daily, See also “The Population Health Benefits of a Healthy Lifestyle: Life Expectancy Increased and Disability Delayed, Health Affairs, August 2017:

4Source: Huffington Post, . See also BMC Public Health, “Is volunteering a public health intervention?: A systematic review and meta-analysis of the health and survival of volunteers”, August 2013:

5The maximum payment under this provision is $100,000. The designated charitable organization must be registered as a charity with the Canada Revenue Agency. The Charity Benefit will only be paid if an eligible beneficiary for the benefit has been designated, prior to, and is in effect on, the date of the death of the insured.

6Proceeds from an insurance certificate paid due to the death of the insured person are generally excludable from the beneficiary’s gross income for income tax purposes. Consult your tax advisor for complete information on your specific situation. Foresters, their representatives and employees, do not give legal or tax advice. The information given here is merely a summary of our understanding of current laws and regulations. Prospective purchasers should consult their tax or legal advisor. 

7Loans or withdrawals reduce the death benefit and cash value. 

8Teladoc Medical Experts is provided solely by Teladoc Health, Inc., subject to eligibility requirements and limitations and may be changed or cancelled at any time without notice.

412598 CAN (12/21)

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