Rate reduction program

Rated clients can benefit from our rate reduction program and enjoy reduced rates on substandard premiums.

Reference sheet – Rate reduction program – 22049E

Summarizes the features of this program intended for clients who have a rating.
Reference tool for advisors.
Available on Webi only.
8 ½ x 11 inches

Products eligible for the rate reduction program

Traditional life insurance:

Whole life guaranteed 10 Pay
Whole life guaranteed 15 Pay
Whole life guaranteed 20 Pay
Whole life guaranteed to 65
Whole life guaranteed to 100
Term to 100

Universal life insurance:

Universal Life Term to 100

Participating whole life insurance:

Accelerated growth 10 Pay
Accelerated growth 20 Pay
Accelerated growth to 100
Estate enhancer 10 Pay
Estate enhancer 20 Pay
Estate enhancer to 100
5 Pay PAR

Critical illness insurance:

Health priorities – 10 Pay
Health priorities – 20 Pay
Health priorities – Child, 20 pay
Health priorities – Business (EHP) (T75 and T100)

Rate reduction program on life insurance

Products	Rate reduction
Whole life guaranteed 10 Pay	50%
Whole life guaranteed 15 Pay	45%
Whole life guaranteed 20 Pay	40%
Whole life guaranteed to 65	-
Issue Age: 0 - 44	35%
Issue Age: 45 - 49	40%
Whole life guaranteed to 100	30%
Term to 100*	20%
Universal Life Term to 100*	20%

* The reduction percentage does not apply to the policy fee.

Rate reduction program - Participating whole life insurance

Life Insurance – Participating Whole Life Insurance - Estate Enhancer and Accelerated Growth

Issue age	Rate reduction¹
	10 Pay	20 Pay	To 100
0 to 50	80%	75%	65%
51	78,5%	73,25%	63,25%
52	77%	71,5%	61,5%
53	75,5%	69,75%	59,75%
54	74%	68%	58%
55	72,5%	66,25%	56,25%
56	71%	64,5%	54,5%
57	69,5%	62,75%	52,75%
58	68%	61%	51%
59	66,5%	59,25%	49,25%
60	65%	57,5%	47,5%
61	63,5%	55,75%	45,75%
62	62 %	54 %	44 %
63	60,5%	52,25%	42,25%
64	59 %	50,5 %	40,5 %
65	57,5%	48,75%	38,75%
66	56%	47%	37%
67	54,5%	45,25%	35,25%
68	53%	43,5%	33,5%
69	51,5%	41,75%	31,75%
70 and older	50%	40%	30%

Life Insurance – Participating Whole Life Insurance - 5 Pay PAR

Issue age	Rate reduction¹
	5 Pay
0 to 50	80%
51	79%
52	78%
53	77%
54	76%
55	75%
56	74%
57	73%
58	72%
59	71%
60	70%
61	69%
62	68%
63	67%
64	66%
65	65%

¹ The reduction percentage does not apply to the policy fee. The rating does not change the credited dividend, the yearly renewable term insurance or the paid-up additions amounts.

Rate reduction program on critical illness insurance

Products	Rate reduction
Health priorities – 10 Pay	25%
Health priorities – 20 Pay	20%
Health priorities – Child, 20 pay	20%