Whether you are going through a career change, job loss or retirement, if it involves the loss of your group life insurance coverage – it could compromise your family’s financial security.

Understanding how important life insurance may be to you and your family, the FollowMe™ Life Insurance Plan for CARP Members was designed to start once your group life coverage stops. Best of all, when you apply for this coverage within 60 days of your group plan ending, your acceptance is guaranteed – with no medical questionnaire or exams required at time of application.

Choose the amount that best suits your needs and budget – up to $200,000
You and your spouse are eligible to apply for the same amount of coverage (or less)
that you had with your group plan – in coverage amounts from $25,000 to $200,000.

Qualifying is easy and fast
When you apply within 60 days of your group plan ending, your acceptance is guaranteed
with no medical questionnaire at time of application provided you meet the eligibility requirements and initial premium is received.

Affordable premiums – and lower rates for non-smokers
Rates are based on your sex, age and smoking status – with non-smokers enjoying up to 60% lower rates than smokers.

Coverage is guaranteed renewable up to age 80 – regardless of your health

Your beneficiaries receive a tax-free lump sum benefit after your death

A Living Benefit is included, at no additional cost

With FollowMe ™ Life Insurance Plan for CARP Members you can choose the amount that best suits your family’s needs and budget. Coverage available from $25,000 to $200,000 – and you and your spouse are eligible to apply for the same amount of coverage (or less) that you had with your group plan.

Guaranteed acceptance – with no medical questionnaire

  • If you are under age 70, you can apply for this coverage within 60 days of your group life insurance ending – and acceptance is guaranteed provided you meet the eligibility requirements and initial premium is received
  • No medical questionnaire is required at time of application

30-Day Satisfaction Guarantee

If you are not completely satisfied with your FollowMe™ Life Insurance Plan for CARP Members, simply notify Manulife within 30 days of your policy issue date and premiums will be refunded in full.

You are eligible to apply for the FollowMe™ Life Insurance Plan for CARP Members – if you are:

  • a Canadian resident, and
  • between the ages of 18 and 69 years

You are eligible for guaranteed acceptance - with no medical questionnaire or exam required at time of application if:

  • you apply for coverage within 60 days of your group life insurance plan ending
  • you meet the eligibility requirements above, and
  • your initial premium payment is received

 

Limitations & Exclusions:

Benefits will not be paid where death results, directly or indirectly, from a pre-existing condition during the 24-month period
following the effective date of the policy. In such cases, total premiums paid will be returned without any interest adjustment.

Pre-existing condition” means any injury. illness or physical condition, whether diagnosed by a physician or not, for which medical
treatment was sought, recommended, required or obtained, or for which drugs were prescribed and/or taken within the 24-month
period immediately prior to the effective date of coverage.

This product is currently not available to residents of Quebec.

Please note, that information provided on the website is not a contract. Actual terms and conditions are detailed in the policy issued by Manulife upon final application approval. It contains important details concerning exclusions, conditions and limitations. Please review it carefully upon receipt.

Monthly premium rates are based on your sex, smoking status and age at time of application. Members and their spouse who are non-smokers will enjoy up to 60% rate savings. Rates will increase as your age increases in accordance with the published age groups (see chart below).

Coverage is available from $25,000 to $200,000, in increments of $25,000. You and your spouse are eligible to apply for the same amount of coverage (or less) that you had with your group plan.

Rates posted in chart below are subject to change without notice.

Monthly Premium Rates for $25,000 of FollowMe™ Life Insurance

Age Male Female
18-34 $3.00 $2.75
35-39 $3.75 $3.50
40-44 $5.00 $4.50
45-49 $7.00  $6.25
50-54 $10.25  $8.50
55-59 $17.75 $12.50
60-64 $28.75 $19.00
65-69 $50.00 $31.25

 

1 Non-smoker rates apply to people who have not used any form of tobacco, tobacco cessation products or marijuana in the past twelve months.

Age Male Female
18-34 $5.25 $3.50
35-39 $6.50 $5.50
40-44 $9.50 $7.25
45-49 $15.50  $11.25
50-54 $27.50  $17.25
55-59 $44.25 $27.25
60-64 $71.75 $38.75
65-69 $125.00 $62.50

Monthly rates for ages 70 to 79 (for renewals only)

Age Male Female
*70 $67.50 $42.25
*71 $76.50 $48.25
*72 $86.50 $55.25
*73 $97.25 $63.00
*74 $109.25 $71.00
*75 $123.50 $79.75
*76 $139.25 $89.25
*77 $156.75 $99.75
*78 $175.50 $111.00
*79 $196.25 $123.75

 

*Rates for ages 70 to 79 for are for renewals only.

Rates posted above are subject to change without notice.

Age Male Female
*70 $183.50 $84.75
*71 $199.50 $94.50
*72 $216.25 $105.00
*73 $232.25 $116.50
*74 $248.75 $128.75
*75 $264.00 $141.25
*76 $279.25 $154.25
*77 $294.00 $167.50 
*78 $308.50 $181.50
*79 $327.00 $196.50

 

* Rates posted above are subject to change without notice.

1 Non-smoker rates apply to people who have not used any form of tobacco, tobacco cessation products or marijuana in the past twelve months.

Complete your own personal quote below, or call for more information. You can visit the Resource Centre for a downloadable pdf of the brochure (with rates) or application.