KWIK Enrollment Mortgage Advantage Life & Critical Illness Insurance

KWIK Enrollment Mortgage Advantage Life & Critical Illness Insurance Plans are a unique packaging of Life Insurance, Accidental Injury Critical Illness, and Critical Illness Insurance that ensures your family and your home are protected in the event of illness, accident or death.

Two plans are available to people aged 18 to 65 for 10, 15, 20, 25 and 30 year terms, on an Individual and Joint-First-To-Die basis:

1.  KWIK Enrollment Mortgage Advantage Life & Accidental Injury Critical Illness covers:

• Life Insurance with coverage up to $500,000;
• Accidental Injury Critical Illness with coverage up to $250,000 for: Blindness, Deafness, Loss of Speech, Loss of Limbs, Paralysis, Coma and Major Burns.

2. KWIK Enrollment Mortgage Advantage Life & Critical Illness Plus covers:

• Life Insurance with coverage up to $500,000;
• Accidental Injury Critical Illness Insurance covers up to $250,000 (same illnesses as above);
• Critical Illness Insurance with coverage up to $250,000 for Heart Attack, Cancer and Stroke;
• Level Benefit Rider: Available to ages 18-60; Expires at earlier of age 75 or end of Policy Term; Benefit remains level to expiry of Policy Term; Premiums are Guaranteed Level for duration of Term;
• Waiver Of Premium On Disability Rider: Available to ages 18-60; Expires the earlier of age 65 or end of Policy Term; No Premium paid if insured is totally disabled ( see Policy Definition); Rates for Males and Females are 10% and 15% of Base Rates, respectively;
• Accidental Death Benefit Rider: Available to ages 18-60; Expires at earlier of age 70 or end of Policy Term; Benefit payable upon accidental death of the insured;
• Fracture/Dislocation Benefit Rider: Available to ages 18-65; Expires at earlier of age 75 or end of Policy Term; See Schedule of Benefits for covered fractures and dislocations; First (not recurring) dislocation paid.

NINE SIMPLE REASONS:

1. CONTROL: You own the policy. Benefits are payable to you or your Beneficiary...NOT the Bank.
2. SMART: You can choose to pay the same annual premiums for a Level Benefit instead of paying the same premiums for a Decreasing Benefit.
3. COMPREHENSIVE COVERAGE: All key eventualities are covered: Accident, Sickness and Death.
4. GUARANTEED: Premiums are guaranteed to remain level for theTerm of the Policy.
5. FLEXIBILITY: Convert to Permanent Life Insurance with no medical evidence.
6. SOLID: Neither an increase in interest rates upon mortgage renewal nor a change in lending institutions will affect your coverage.
7. CHOICE: Choose your Plan; Choose you Term of coverage; Choose your beneficiary or assign as you require.
8. COMFORT: Underwriting is completed at time of application, not at time of claim.
9. VERSATILE: Coverage can be used for other needs. Proof of Mortgage NOT necessary.