The Canada Life Assurance Company  | 
  Home       Products       Corporate Information       In the Community       Online Services  
 

Millennium Universal Life Insurance

Millennium universal life insurance combines permanent life insurance protection with the opportunity to accumulate tax-advantaged growth. You can customize your insurance coverage to fit your lifestyle, budget and financial goals.

Millennium Offers Choice

  • You choose the amount of premium to pay, within the minimum and maximum premium in your contract.
  • Manage your cost of insurance charges with 5 cost of insurance options:
  • Limited-pay cost of insurance (10, 15 or 20-year durations)
  • Annually increasing cost of insurance
  • Level cost of insurance
  • Choose your style of interest options to match your risk tolerance
  • Customize your coverage with a choice of benefits and riders
  • Insure more than one life with joint coverage and multiple lives benefit

Millennium Offers Flexibility*

  • You can adjust your policy as your needs change by changing or increasing coverage, adding benefits and riders or switching your cost of insurance option
  • Access your policy account value through withdrawals, policy loans or leveraging with a third-party lending institution
  • Exchange a joint first-to-die coverage to 2 single life policies
  • Change from joint first-to-die to joint last-to-die

Millennium universal life insurance— Permanent protection that can change with you.

*Subject to contractual conditions and limitations, and our underwriting requirements

We’re Here to Help

Need an Advisor?

Find out more about our products and services. Contact a regional marketing centre near you.

Already a Client?

If you already have one of the products or services we offer and you need help, go to Client Services.

Related Content

Rates, Values and Performance

Ask Your Advisor About