Permanent Life Insurance

Coverage all your life… and even after

Taking out life insurance can raise a lot of questions. How much does it cost, how much coverage do you need, should you consider add-ons? Our advisors1 can help with that.

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1-855-896-9495

With consistent premiums and a set inheritance amount for your loved ones, permanent life insurance helps you plan for the future.

 


Why take out permanent life insurance?

When you’re in it for the long haul
 

Once you have life insurance, you stay insured for life. It doesn't matter how old you are or if your health changes.

To fit your reality and your budget, some of our products are payable for a specific number of years or can be paid throughout your life.

In some cases, you may be able to surrender all or part of your policy to provide a cash flow, for example, as additional retirement income.

Your premiums won’t change over the years, no readjustments. You can plan your budget knowing what to expect.

A snapshot of what their life insurance might look like

Mary, retiree

Mary2, a 60-year-old retiree living in Ontario, is thinking about her and her family’s future. She wants to cover her funeral expenses to make sure her loved ones aren’t left with a hefty bill.

Monthly premium
$68.12
Coverage amount
$25,000

A snapshot of what their life insurance might look like

Ryan, father of two children

At the time of his3 death, the second residence he owns as a Quebec resident will be deemed to be sold and will generate a taxable capital gain. With his life insurance, he ensures that his children will have the cash available to pay the taxes at that time.

Monthly premium
$91.67
Coverage amount
$50,000

A snapshot of what their life insurance might look like

Liz and Dave, parents of two children

This British Columbia couple4 in their thirties wants to leave a tax-free inheritance to their children. If needed, Liz and Dave also have the possibility to redeem all or some of the cash value, which could come in handy if life throws them a curve.

Monthly premium
$58.92
Coverage amount
$100,000
Additional coverage options and insurance solutions
Permanent life insurance… with backup

Loan Insurance

Insurance Solutions

All the advantages of term life insurance brought together, plus additional benefits that major lending institutions can't match.

Learn more

Children’s Insurance

Insurance Solutions

All the coverage you need to take care of your children without worrying about money in the event of an accidental fracture, critical illness or death.

Learn more

Rent Insurance

Insurance Solutions

An insurance solution that provides financial support to help you cover your rent in several situations, such as a disability, job loss or death.

Learn more

Support Payment Insurance

Insurance Solutions

Continue to provide for your family in a number of situations. This solution is designed to ensure support payments are maintained in the event of death, disability or job loss.

Learn more

Disability Income Benefit

Additional Coverage Option

If a disability prevents you from working, you receive a pension that allows you to meet your financial obligations.

Children's Life Insurance

Additional Coverage Option

This life insurance covers all children of the insured parent

Children's Critical Illness

Additional Coverage Option

Receive a tax-free amount if your child becomes ill, so you can stay at their side and focus on what matters.

Accidental Fracture

Additional Coverage Option

In the event an accidental fracture, receive a lump-sum payment to help cover unexpected expenses resulting from your injury.

Waiver of premiums in the event of disability or death

Additional Coverage Option

In the event of a disability or your death, we’ll cover your insurance premiums.

Accidental Death and Dismemberment Coverage

Additional Coverage Option

In the event of accidental death or dismemberment, a sum of money is paid to your beneficiaries.

Monthly income for your loved ones

Additional Coverage

This non-taxable monthly benefit at death guarantees a stable income for your beneficiaries.

All our life insurance solutions

How to choose between term and permanent life insurance.

We can walk you through our different insurance products and help find the solution that’s best for you.

Discover our products
Legal Notice

1. On behalf of Beneva Financial Advisors, a financial services firm or Partners of Beneva Financial Advisors, a financial services firm.

2. Contract issued by La Capitale Civil Service Insurer Inc. This product may not be available in your province or territory of residence. Conditions, exclusions and restrictions apply. These are fictional scenarios, the amounts shown are examples and may vary depending on the specific situation and file of each insured, including but not limited to the results of their medical screening (if applicable). Please speak to your financial security advisor. Amount calculated for a 60-year-old woman, non-smoker, who takes out a Pure T100 policy as of September 1, 2021.

3. Contract issued by La Capitale Civil Service Insurer Inc. This product may not be available in your province or territory of residence. Conditions, exclusions and restrictions apply. These are fictional scenarios, the amounts shown are examples and may vary depending on the specific situation and file of each insured, including but not limited to the results of their medical screening (if applicable). Please speak to your financial security advisor. Amount calculated for a 54-year-old man, non-smoker with a Pure T100 policy, as of September 1, 2021.

4. Contract issued by La Capitale Civil Service Insurer Inc. This product may not be available in your province or territory of residence. Conditions, exclusions and restrictions apply. These are fictional scenarios, the amounts shown are examples and may vary depending on the specific situation and file of each insured, including but not limited to the results of their medical screening (if applicable). Please speak to your financial security advisor. Amount calculated for a 36-year-old man and 34-year-old woman, as of September 1, 2021. Non-participating whole life, Advantage non- participating payable for life and spouse 2nd death, payable until last death.