Who Should Consider Term Life Insurance?

Features and Advantages of AXIS

Persons seeking coverage for a limited period (young adults, young couples or young families, for example).

Persons wishing to meet their need for insurance despite budget constraints.

Owners of small and medium-sized businesses (to obtain coverage in case of the loss of a key employee, for example).

Your sum insured and your premiums are guaranteed for the term of your insurance.

Your premiums are determined on the basis of the chosen sum insured, the general condition of your health and your lifestyle (see preferred underwriting).

Several options are available:

– standard coverage protecting you for the short term or to age 100;
– renewable convertible term coverage for 10 or 20 years.

Insurance is renewable at each 10 or 20 year period, upon payment of a higher premium, without having to submit medical evidence or other evidence of insurability.
Insurance is convertible to permanent insurance without having to submit evidence of insurability.

You may insure up to nine persons under the same contract.