Equimax provides participating* whole life insurance that offers permanent protection with guaranteed premiums, cash values and death benefit. The cash value can be accessed to fund education, renovate your home or even supplement your retirement income. Use it in any way you choose.
Why it makes sense
Equimax can help you:
- Provide for your loved ones The death benefit can be used to replace your income and maintain your family’s lifestyle.
- Create an inheritance The tax-free death benefit creates an instant legacy for your loved ones or a favourite charity.
- Preserve an inheritance Your beneficiaries can use the proceeds to cover final expenses, taxes and fees payable at death, keeping their inheritance intact.
- Build wealth you can access Use the cash value to supplement your retirement income, help pay for your children’s education or financial needs, or even pay future premiums on your policy.
- Protect your children Equimax 20 Pay can provide your child or grandchild with paid-up, permanent insurance protection at low children’s rates, plus access to cash values to fund education.
Choice of plans to meet your needs
In a low interest rate environment where guarantees are scarce, Equimax provides a stable, hands-off investment option that offers tax-advantaged growth. With two plan types to choose from, you can select the plan and features that best meet your insurance and savings goals.