1 Life insurance The Provider Monthly income for your loved ones Guaranteed Monthly Payment Term Life Insurance
2 The Provider Ensuring your loved ones a stable, tax-free monthly income The Provider is a monthly payment term life insurance that preserves your family s quality of life in the event of the death of you or your spouse. Unlike most life insurance coverage, which pays a lump sum amount when the insured dies, The Provider pays the beneficiary a monthly tax-free amount. As such, this affordable solution allows your family to maintain its current standard of living as if the deceased parent were still there to provide for it.
3 + Benefits of The Provider Tax-free monthly payments Preservation of your family s current standard of living Protects you from having to dip into hard-earned savings or prematurely spending the entire insured amount Eliminates the worry of managing a lump sum and the pressure to generate sufficient returns Makes it easier to keep track of the family budget and plan for the long term $ Choice of monthly payments from $500 to $10,000 Succession Advantage included 3 For the duration of the contract, this benefit provides for the reimbursement of legal fees and expenses of up to $1,000, 4 for liquidating the insured s estate, probating the insured s will, arranging for protective supervision of a person of full age (adult guardianship) or certifying a mandate of incapacity or power of attorney for the insured. 3. Available in Quebec only. Power of attorney must be provided in anticipation of possible incapacity. 4. Some conditions, exclusions and restrictions apply.
4 Providing income for your family s peace of mind The Provider offers you two types of coverage for individuals age 18 to 75, with fixed or decreasing terms of 25, 20 or 15 years. FIXED TERM When the insured dies, the beneficiary receives a guaranteed income every month for the duration of the term selected, provided the contract is in force. Example of Simon and Julie: At age 40, Simon opts for The Provider life insurance and takes out a 20-year fixed term policy, which covers him until he s 60, and he designates Julie as his beneficiary. If he dies at age 55, his spouse 1 Julie will receive monthly benefits for the next 20 years. DECREASING TERM When the insured dies, the beneficiary receives a guaranteed income every month until the end of the term selected, provided the contract is in force. Example of Simon and Julie: At age 40, Simon opts for The Provider life insurance and takes out a 20-year decreasing term policy, which covers him until he s 60, and he designates Julie as his beneficiary. He then dies at age 55. As there are 5 years left in Simon s policy, his spouse 1 Julie will receive monthly benefits for the next 5 years. 1. In the event that the designated beneficiary dies and no contingent beneficiary has been designated, the policyholder s estate (Simon s, in our example) would receive the monthly payments until the end of the term selected.
5 Do you know what your family s needs are every month? Example of a monthly budget: Simon and Julie, parents of Matthew, age 10, and Sophie, age 8 Gross family income of $70,000 After tax, the remaining amount goes to cover annual expenses totalling $48,372 ($4, months) MONTHLY FAMILY BUDGET Amount Food (groceries, eating out) $700 Clothes for the family $320 Housing (electricity, insurance, heating, taxes, etc.) $1,055 Maintenance, domestic, furniture and decoration expenses and miscellaneous services (telephone, cable/satellite TV, Internet connection, housekeeping, childcare, etc.) Transport (car, gas, repairs, driver s licence, insurance, parking, etc.) $771 Health and personal care (prescription drugs, pharmaceuticals, dental care and vision care, etc.) $140 Leisure, cultural and other (day trips, games, computer equipment, children s camps, vacations, school fees, etc.) Financial services (savings, pension, investments, life and health insurance, special projects, etc.) $358 TOTAL $4,031 $491 $195 The above example for Julie and Simon shows a realistic budget based on their situation. However, actual expenses do vary considerably from one family to another. One thing s for sure, many families today would not be able to maintain their current standard of living on just one income. Do you have a clear picture of your own financial situation? For a true appreciation of your family s monthly financial needs, it is indispensable to: 1) establish a family budget; 2) have your financial situation assessed by a financial security advisor. These simple steps are the key to keeping all of your needs in sight and ensuring you can continue to take care of your loved ones each month. An affordable solution that allows your family to maintain its current standard of living.
6 Even more, at no extra cost Total loss of autonomy benefit How would you manage to meet your financial commitments if you were to suffer a total loss of autonomy 2 and be unable to work? The Provider automatically includes a total loss of autonomy benefit. Thanks to this benefit, in the event that the insured suffers a total loss of autonomy before age 60, the insurer will pay the policyholder monthly living benefits equal to 50% of the selected monthly payment amount, up to an overall maximum of $200,000. These payments give you and your family the reassurance of financial support, when you need it most. The Provider is also an ideal solution to guarantee your child support payments. If you re separated or divorced, monthly payment term life insurance can be an attractive solution to guarantee your monthly support payments, so that your children can count on financial support to help them through school or in times of need. 2. Some conditions, exclusions and restrictions apply.
7 Guided by the values of mutualism on which it was founded, La Capitale works with people to build, protect and value what they feel counts for their financial security. To find out more about the numerous benefits and flexibility of La Capitale products, contact us or visit our website. lacapitale.com This leaflet provides a brief overview of the coverage available. Only the insurance policy and application may be used to settle any legal issues. Contracts are issued by La Capitale Insurance and Financial Services Inc. or by La Capitale Civil Service Insurer Inc. K065 ( ) 100%
How Choosing the Right Policy Can Help Safeguard Your Earning Potential and Savings 1 Many people think of life insurance as something they ll need when they get a bit older and want to ensure their loved
plain talk about life insurance The right life insurance can have an enormous effect on your life and the lives of those you love. It can mean the difference between leaving your loved ones well positioned
& Guidance A Guide to Life Insurance Cover Contents How can I protect my family financially if I die? 02 What is life insurance? 03 What is a Financial Broker? 06 Why would I need to use a Financial Broker?
PUT LIFE COVER ON EXPENSES. Our Relevant Life Plan is a cost efficient way of offering life cover to you or your employees. It s tax efficient and, in most cases, premiums can be treated as an allowable
Fact sheet Personal insurance Current as at 15 April 2012 What is insurance? Insurance is an agreement with an insurance company to pay you a sum of money if something is damaged or lost. It is form of
Shedding light on Life insurance a practical guide to helping you achieve a lifetime of financial security Learn more about: Safeguarding your loved ones Protecting your future Ensuring your dreams live
KEY GUIDE Financial protection for you and your family Protecting what matters most Life and health insurance protection underpins most good financial planning. These types of insurance can ensure that
This brochure gives a brief explanation of Just Retirement Enhanced Annuities, all of which provide a guaranteed income for life. It explains who may qualify for a higher retirement income from this product
Protective Custom Choice SM UL Product Guide PLC.6311 (11.12) You worry about what would happen to your loved ones in the event of your untimely death. You want to make sure they would be financially secure,
Simple Guide to Life Insurance for Parents INTRODUCTION Your Health is your Wealth - I genuinely believe that to be true. I work in the A&E Department of a large hospital and every day I see the challenges
NATIONWIDE LIFE AND ANNUITY INSURANCE COMPANY Nationwide YourLife CareMatters SM Client guide Choice, control, flexibility it s all in your hands Taking time to plan now can put you in control later Most
DISABILITY INSURANCE MetLife Income Guard SM Flexible Income Protection that Works for You. Most people prepare for important goals or events, like finding a new home, purchasing a car, taking a vacation
Life Insurance and Annuity Buyer s Guide Introduction The Kentucky Office of Insurance is pleased to offer this Life Insurance and Annuity Buyer s Guide as an aid to assist you in determining your insurance
YOUR GUIDE TO Understanding Making life less complicated. Most people know that can provide their families with a death benefit if the unexpected should happen. But they may not know that it can also be
Prepared by the National Association of Insurance Commissioners The National Association of Insurance Commissioners is an association of state insurance regulatory officials. This association helps the
Palladium Single Premium Immediate Annuity With Cost Of Living Adjustment Income For Now... Guaranteed Income For Life! A Single Premium Immediate Annuity Issued By Income for Your Needs Now and in the
PROTECTING YOUR FUTURE Structured Settlements m A Guide Now you re sure. TABLE OF CONTENTS m M CKELLAR S TRUCTURED S ETTLEMENTS I NC. 2007, REVISED EDITION, 2010 - ALL RIGHTS RESERVED. Introduction What
Effective Jan. 1, 2015 2015 STRS Ohio Health Care Program Guide 2 www.strsoh.org Welcome Thank you for your interest in the STRS Ohio Health Care Program. We understand that choosing a health care plan
Conventional Lifetime Annuity Options Your Questions Answered 0800 014 7470 0333 014 6267 am-5.30pm weekdays. Calls may be recorded for training and monitoring purposes. www.425fs.co.uk Contents 1. Introduction
Survivors Benefits Contacting Social Security Visit our website At our website, www.socialsecurity.gov, you can: Create a my Social Security account to review your Social Security Statement, verify your
10 Things You Need to Know About Buying Life Insurance 10 Things You Need to Know About Buying Life Insurance 01 We never know what life has in store. Life insurance is a simple answer to a very difficult
Group Voluntary Life Insurance For Employees of The California State University Standard Insurance Company Voluntary Group Life Insurance About This Brochure This brochure is designed to answer some common
Whole life insurance 5-minute guide The promise of life insurance. Keep your promise As a spouse or parent, you ve made a commitment to take care of and provide for your family. If you ve built your own
Term Life Insurance from Fidelity 1 SIMPLE, FLEXIBLE, AND AFFORDABLE 1 Fidelity insurance products are issued by Fidelity Investments Life Insurance Company (FILI), 100 Salem Street, Smithfield, RI 02917,
Chances are, you need life insurance Life insurance is a simple answer to a very difficult question: How will my family manage financially when I die? It s a subject no one really wants to think about.
TERM OR PERMANENT LIFE INSURANCE WHICH OPTION IS RIGHT FOR YOU? It s the age-old life insurance question: Should you buy term or permanent life insurance? Some personal finance experts would have you believe
Pension Annuity Key Features This brochure outlines the key features of the Just Retirement Pension Annuity. The Financial Conduct Authority is a financial services regulator. It requires us, Just Retirement,
Group Optional Life Insurance For Employees Participating In OEBB Plans Standard Insurance Company Group Optional Life Insurance About This Brochure This brochure is designed to answer some common questions