Life Insurance Product: Foresters and CPP

This week’s Wednesday product review is Foresters and CPP.

These two companies who are leaders in the insurance industry, have come together to form a larger one.

They share they have a focus on overall wellness and not just life insurance. As a result, for those who have contracts with these companies. You receive these member’s benefit. 

Members Benefits

These are tools and resources they offer to their client. 

  • Lawassure – legal document creation service (create a will, make a power of attorney, prepare a healthcare directive).
  •  Grants and Scholarships
  • Emergency Assistance program
  • Orphan Scholarship 
    • Up to 6,000 annually available to help fund post-secondary school.   
  • Orphan OBenefit 
    • $900 a month per child to the legal guardian for the children under 18 upon the parent’s death.  
  • Volunteer Leadership development and community volunteering opportunity. 
  • Everyday money toll-free financial helpline
  • Transportation benefit 
  • Life-long learning – a range of courses to for personal development and growth skillsets. 
  • Charity benefit – Will donate 1% of the death benefit to a charity.

Type of Insurance they offer

  • Permanent Life Insurance Plans (As of January 2021 were some of the lowest-priced protection. This can change and most likely well as time goes on.)
  • Term Life Insurance Plans(no medial and Simplified) 
  • Critical Illness Insurance Plans

This is one of many great products we can access for you. It all starts with a free financial analysis to assess what you need.  

What question do you have? 

Extra:

Financial Resolutions Checklist

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