Permanent life insurance for which the premiums are guaranteed and payable for a limited period of time and which can generate important cash values
2 payment period options
The Adaptable-Equitable offers a choice of 2 payment periods (minimum 20 years), namely up until your 65th or 75th birthday and you pay level premiums until the end of the term that you have chosen.
2 levels of cash values
You have the choice of 2 levels of cash values allowing you to recover the whole or a part of the premiums paid at a time when your need for insurance diminishes or ceases to exist. These cash values are guaranteed and available starting at the 10th anniversary of the policy.
If, at the issue of the policy, the amount of Chapter B is higher or equal to 50% of the amount of Chapter A, the Company calculate each policy year a premium discount that follows the formula below.
Discount = 50% X Premium X (1 - (((1 + Rate1^20)/((1 + Rate2)^20))), where
To learn more about our insurance products, don’t hesitate to contact a financial security advisor.