®THE ADVANTAGE

The Wawanesa Life Insurance Company has been a proud member of the Wawanesa Group of Companies since 1960. Wawanesa Life complements the insurance lines of Wawanesa Mutual and expands the reach of “Earning your Trust since 1896”.

OUR ROOTS

Wawanesa Life’s beginnings were first focused on expanding the product offerings available to Wawanesa Mutual’s broker network and their clients. Our roots are firmly grounded in the traditions of Wawanesa Mutual and with their support, Wawanesa Life has expanded and today includes a full range of individual life insurance, savings and group insurance products.

PORTFOLIO OF PRODUCTS

Quick Issue Critical Illness:

RRSPs, RRIFs, Life Annuities, Guaranteed Investments, Segregated Funds

TermLifetime Term with Layering:

Lifetime Term 10/15/20/25/30 Lifetime Term to Age 80

Critical Illness

Permanent

20 Pay Whole LifeInstant Issue Plan

Investments

10 Year Renewable Term, Level Term to Age 75, and Level Term to Age 75 with Flexible ROP

FINANCIAL STRENGTH

As of December 31st, 2018, Wawanesa Life’s total assets including segregated funds were in excess of $1.47 billion and in force life insurance was in excess of $32.2 billion. Both Wawanesa Life and the Wawanesa Mutual Insurance Company’s financial strengths are rated A (Excellent) by A.M. Best.

Whole Life - Pay to Age 100

® Wawanesa Life and the tree logo are registered trade-marks of The Wawanesa Mutual Insurance Company and used under license by The Wawanesa Life Insurance Company.

08/2019

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TEMPORARY LIFE INSURANCE

Lifetime Term - consists of 10, 15, 20, 25 or 30-year renewable and convertible term insurance, as well as Term to Age 80 renewable and convertible insurance. The sum insured is level and all premiums are guaranteed. These plans can be converted to a permanent plan prior to the life insured reaching age 70 (71 if issued at age 70). Lifetime Term 10, 15, 20, 25, and 30 can be renewed until age 100 of the life insured. Lifetime Term to Age 80 has premiums that remain level to age 80 of the life insured, and is then renewable to age 100. All plan types are payable to age 100 of the life insured, at which point the plan is considered paid-up and coverage continues for life with no additional premiums.

Experience the WAWANESA LIFE ADVANTAGE

Quick Issue Critical Illness - is designed to provide funds to help you financially care for yourself and your family and maintain the same quality of life after surviving a critical illness. The plan provides a tax-free lump sum living benefit to you on the occurrence of the covered illnesses (provided the insured survives the waiting period following the onset of the critical illness). Three types of Quick Issue Critical Illness plans are available: 10 Year Renewable to Age 75, Level to Age 75 and Level to Age 75 with Flexible Return of Premium. The plan is issued upon the results of just 8 qualifying questions, provided there are no unfavorable reports from the Medical Information Bureau.

PERMANENT LIFE INSURANCE

Whole Life - These plans provide a guaranteed base amount of insurance protection for life. Whole Life is available as either Whole Life – Pay to Age 100 or 20 Pay Whole Life. With Whole Life – Pay to Age 100, you pay premiums until age 100. With 20 Pay Whole Life you pay premiums on the base policy for only 20 years. Premiums on Whole Life plans are level, which means they are guaranteed never to go up. After the premium paying period, your policy is considered paid up, and your permanent insurance protection will never decrease. Whole Life plans are available to individuals anywhere between the ages of 15 days to 80 years. This makes it a great option if you are looking for permanent protection options for yourself, your children or your grandchildren. Policy owners of Whole Life plans are eligible to receive annual dividend amounts that will vary based on the performance of the participating account. These dividend values will be used to purchase additional life insurance coverage (Paid-up Additions). Any Paid-up Additions are permanent and will never expire or require additional premiums.

Instant Issue Plan - if you are between the ages of 45 to 75, then this plan is designed for you. It is a guaranteed issue permanent plan with just 5 qualifying questions. Premiums are guaranteed, level and payable for 20 years only. The death benefit amount is paid to the policy owner (even if living) after the later of 20 years, or age 85.

We offer the following: Guaranteed Investment Annuities (GIAs (non registered)), Guaranteed Retirement Annuities (GRAs(registered)), Registered Retirement Income Funds (RRIF), and Single Premium Immediate Annuities (SPIA). The investment choices for any Wawanesa Life Savings & Income product are Guaranteed Investment Accounts, Daily Interest Accounts, and Market Participation Option (MPO) Segregated Funds. Wawanesa Life offers 4 Index-linked accounts: the Canadian Equity Index Fund, the U.S. Equity Index Fund, the International Equity Index Fund, and the Canadian Bond Index Fund.

SAVINGS & INCOME PRODUCTS

For additional information on how Wawanesa Life can benefit you and your family, contact your broker or your nearest Wawanesa Life branch today.