Most employer life insurance plans expire when you retire. And most term life insurance plans end in your 70s and 80s. If you’re looking for coverage lasting long after your retirement years, Term 100 Life Insurance, created by SISIP Financial and Manulife, can be the answer. You can be covered for up to $100,000 for the rest of your life.

Advantages

  • Coverage for life
    Coverage doesn't expire unless you cancel it or don't pay your premiums. Otherwise, you're protected for life.
  • Your premiums don’t change
    Your payments are locked in at the age you purchase. Whether you’re paying for 20 years or until age 100 – your rates stay the same.
  • No medical tests are normally required
    If you are age 64 and under and can answer “no” to the simple medical questions on the application, you may not have to undergo a paramedical exam or other medical tests when you apply.
  • Affordable
    The low group rates help make it possible for you and your spouse or your adult child to obtain the amount of coverage you may need to secure your family’s financial future.
  • Underwritten by Manulife
    Created by SISIP Financial and Manulife, considerations are made for those serving members whose activities, as part of their duties serving, may make it difficult to get coverage elsewhere
  • Available to your adult children 18+
    With premiums guaranteed and locked in at the age you apply, the younger your adult children are when they get coverage, the lower their monthly payment
  • 20 Pay coverage option available
    If you’re 18 to 60 years old you can choose to pay premiums for the first 20 years. You’ll get lifetime coverage – without lifetime payments!
  • Portable
    Coverage goes with you if you change jobs or residence anywhere in the world.

Choose from four coverage amounts:
$25,000, $50,000, $75,000 and $100,000

Living benefit in your time of need
If you are insured and have been diagnosed as terminally ill with a life expectancy of one year or less can apply to receive an interest-free advance payment of up to 50% of their own term life benefit (maximum $50,000) and can be spent however you wish. This benefit is available when members have been insured under this plan for two years or more.

If you are insured under Term 100 coverage and select the Waiver of Premium rider, and you become totally disabled before age 60, we will waive all term life premiums that are due after six months of Continuous Disability and for as long as your total disability continues

You can choose to pay your premiums until age 100, or you can select the new 20 Pay Option – allowing you to pay for your full coverage in the first 20 years.

Regular Premiums

Pay your regular premiums with no payments required once you turn 100 years of age.

Note: Your premiums never change. See rate charts below.

20 Pay Option – Get a lifetime of coverage – without lifetime payments!

If you’re between the age of 18 and 60 years old you can choose this new payment option allowing you to complete your payments in the first 20 years. If purchased early on, it can help you avoid paying premiums during your retirement!

Applicants must be:

  • a member of the Canadian Armed Forces (serving, retired or released); OR
  • a spouse and/or adult child of member
  • 18 to 70 years old
  • a Canadian resident at time of application

No medical tests are normally required at the time of application. If the applicant is age 64 and under and can answer "no" to the medical questions, they may not have to undergo a paramedical / medical test at the time of application.

Suicide within two years of the effective date of coverage

The full benefit amount will not be paid if death is due to suicide within two years of the effective date of coverage. In this case, your beneficiary (or your estate, if you don’t choose a beneficiary) will receive a refund of all premiums paid.

Regular monthly rates

  • Premiums per $25,000 increment of coverage
  • Choose coverage amounts from $25,000 to $100,000 in increments of $25,000
  • To determine your payment, find the rate below that corresponds to you, then multiply it by the number of $25,000 increments you want
Attained Age2 Male Female
18 $8.16 $6.90
19 $8.50 $7.23
20 $8.85 $7.58
21 $9.21 $7.95
22 $9.57 $8.28
23 $9.94 $8.63
24 $10.33 $9.00
25 $10.73 $9.38
26 $11.14 $9.77
27 $11.57 $10.19
28 $12.10 $10.66
29 $12.65 $11.15
30 $13.23 $11.66
31 $13.84 $12.20
32 $14.47 $12.77
33 $15.16 $13.38
34 $15.89 $14.02
35 $16.66 $14.69
36 $17.46 $15.40
37 $18.31 $16.13
38 $19.23 $16.93
39 $20.19 $17.77
40 $21.21 $18.65
41 $22.28 $19.57
42 $23.40 $20.54
43 $24.61 $21.58
44 $25.89 $22.68
45 $27.23 $23.83
46 $28.65 $25.04
47 $30.13 $26.31
48 $31.40 $27.41
49 $32.72 $28.56
50 $34.38 $30.01
51 $35.78 $31.22
52 $37.23 $32.48
53 $39.32 $34.28
54 $41.53 $36.18
55 $43.87 $38.18
56 $46.33 $40.30
57 $48.94 $42.53
58 $51.65 $44.88
59 $54.51 $47.37
60 $57.53 $49.99
61 $60.71 $52.76
62 $64.07 $55.68
63 $67.54 $58.74
64 $71.20 $61.97
65 $75.06 $65.38
66 $79.13 $68.98
67 $83.41 $72.77
68 $87.93 $76.77
69 $92.69 $81.00
70 $97.72 $85.45
Attained Age2 Male Female
18 $11.88 $9.17
19 $12.48 $9.63
20 $13.11 $10.12
21 $13.77 $10.64
22 $14.44 $11.14
23 $15.15 $11.67
24 $15.88 $12.22
25 $16.66 $12.79
26 $17.47 $13.40
27 $18.32 $14.03
28 $19.21 $14.69
29 $20.14 $15.39
30 $21.12 $16.12
31 $22.15 $16.88
32 $23.23 $17.68
33 $24.36 $18.51
34 $25.54 $19.38
35 $26.78 $20.30
36 $28.09 $21.26
37 $29.45 $22.26
38 $30.88 $23.31
39 $32.39 $24.42
40 $33.96 $25.57
41 $35.61 $26.78
42 $37.34 $28.04
43 $39.16 $29.36
44 $41.06 $30.75
45 $43.06 $32.20
46 $45.15 $33.72
47 $47.35 $35.31
48 $49.65 $36.98
49 $52.06 $38.73
50 $55.06 $40.90
51 $57.66 $42.77
52 $60.37 $44.72
53 $63.22 $46.77
54 $66.19 $48.91
55 $69.31 $51.14
56 $72.58 $53.48
57 $76.00 $55.92
58 $79.58 $58.48
59 $83.33 $61.15
60 $87.25 $63.95
61 $91.36 $66.87
62 $95.67 $69.93
63 $99.29 $73.22
64 $103.05 $76.67
65 $106.95 $80.28
66 $111.01 $84.06
67 $115.21 $88.02
68 $119.57 $92.17
69 $124.10 $96.51
70 $128.81 $101.06

20 Pay Option* monthly rates

  • Premiums will be paid for 20 years
  • Premiums per $25,000 increment of coverage
  • Choose coverage amounts from $25,000 to $100,000 in increments of $25,000
  • To determine your payment, find the rate below that corresponds to you, then multiply it by the number of $25,000 increments you want
Attained Age2 Male Female
18 $15.09 $13.07
19 $15.75 $13.60
20 $16.42 $14.13
21 $17.09 $14.66
22 $17.77 $15.19
23 $18.44 $15.72
24 $19.11 $16.23
25 $19.80 $16.78
26 $20.51 $17.45
27 $21.22 $18.18
28 $21.93 $18.88
29 $22.65 $19.59
30 $23.36 $20.29
31 $24.23 $21.35
32 $25.10 $22.41
33 $26.00 $23.47
34 $26.87 $24.54
35 $27.74 $25.60
36 $28.93 $26.61
37 $30.12 $27.62
38 $31.32 $28.63
39 $32.51 $29.64
40 $33.70 $30.65
41 $34.89 $31.38
42 $36.06 $32.11
43 $37.27 $32.83
44 $38.46 $33.56
45 $39.65 $34.29
46 $40.76 $35.48
47 $41.86 $36.68
48 $42.97 $37.87
49 $44.07 $39.06
50 $45.18 $40.26
51 $47.07 $42.04
52 $48.96 $43.82
53 $50.85 $45.59
54 $52.73 $47.37
55 $54.62 $49.15
56 $57.30 $51.57
57 $59.98 $53.99
58 $62.66 $56.41
59 $65.35 $58.83
60 $68.03 $61.25
Attained Age2 Male Female
18 $21.81 $17.28
19 $22.60 $17.96
20 $23.38 $18.63
21 $24.16 $19.29
22 $24.94 $19.97
23 $25.77 $20.63
24 $26.51 $21.31
25 $27.29 $21.98
26 $28.07 $22.83
27 $29.03 $23.68
28 $29.93 $24.54
29 $30.77 $25.39
30 $31.63 $26.24
31 $33.24 $27.54
32 $34.85 $28.83
33 $36.46 $30.13
34 $38.07 $31.43
35 $39.69 $32.72
36 $41.89 $34.63
37 $44.08 $36.54
38 $46.28 $38.46
39 $48.48 $40.37
40 $50.67 $42.28
41 $52.51 $43.69
42 $54.35 $45.11
43 $56.19 $46.52
44 $58.03 $47.93
45 $59.87 $49.34
46 $62.24 $50.09
47 $64.61 $50.85
48 $66.97 $51.59
49 $69.34 $52.35
50 $71.71 $53.10
51 $74.73 $55.30
52 $77.74 $57.51
53 $80.75 $59.71
54 $83.77 $61.91
55 $86.78 $64.11
56 $89.39 $66.63
57 $92.01 $69.15
58 $94.63 $71.67
59 $97.24 $74.19
60 $99.86 $76.71

Waiver of Premium rates

  • This Waiver of Premium Rider is optional and can only be selected at the time of application
  • Premiums per $25,000 increment of coverage
  • Find your corresponding rate below and multiply it by the number of $25,000 units selected
Attained Age2 Male Female
18 $0.12 $0.14
19 $0.13 $0.14
20 $0.13 $0.15
21 $0.14 $0.16
22 $0.14 $0.17
23 $0.15 $0.17
24 $0.15 $0.18
25 $0.16 $0.19
26 $0.17 $0.20
27 $0.17 $0.20
28 $0.18 $0.21
29 $0.19 $0.22
30 $0.20 $0.23
31 $0.21 $0.24
32 $0.22 $0.26
33 $0.23 $0.27
34 $0.24 $0.28
35 $0.25 $0.29
36 $0.26 $0.31
37 $0.27 $0.32
38 $0.29 $0.34
39 $0.30 $0.36
40 $0.32 $0.37
41 $0.33 $0.39
42 $0.35 $0.41
43 $0.37 $0.43
44 $0.39 $0.45
45 $0.41 $0.48
46 $0.43 $0.50
47 $0.45 $0.53
48 $0.47 $0.55
49 $0.49 $0.57
50 $0.52 $0.60
51 $0.54 $0.62
52 $0.56 $0.65
53 $0.59 $0.69
54 $0.62 $0.72
55 $0.66 $0.76
56 $0.69 $0.81
57 $0.73 $0.85
58 $0.77 $0.90
59 $0.82 $0.95
Attained Age2 Male Female
18 $0.33 $0.25
19 $0.34 $0.26
20 $0.36 $0.28
21 $0.38 $0.29
22 $0.40 $0.31
23 $0.42 $0.32
24 $0.44 $0.34
25 $0.46 $0.35
26 $0.48 $0.37
27 $0.50 $0.39
28 $0.53 $0.40
29 $0.55 $0.42
30 $0.58 $0.44
31 $0.61 $0.46
32 $0.64 $0.49
33 $0.67 $0.51
34 $0.70 $0.53
35 $0.74 $0.56
36 $0.77 $0.58
37 $0.81 $0.61
38 $0.85 $0.64
39 $0.89 $0.67
40 $0.93 $0.70
41 $0.98 $0.74
42 $1.03 $0.77
43 $1.08 $0.81
44 $1.13 $0.85
45 $1.18 $0.89
46 $1.24 $0.93
47 $1.30 $0.97
48 $1.37 $1.02
49 $1.43 $1.06
50 $1.51 $1.12
51 $1.59 $1.18
52 $1.66 $1.23
53 $1.75 $1.29
54 $1.82 $1.34
55 $1.91 $1.41
56 $2.00 $1.47
57 $2.09 $1.54
58 $2.19 $1.61
59 $2.29 $1.68
Attained Age2 Male Female
18 $0.23 $0.26
19 $0.24 $0.27
20 $0.25 $0.28
21 $0.26 $0.29
22 $0.27 $0.30
23 $0.28 $0.31
24 $0.29 $0.32
25 $0.30 $0.34
26 $0.31 $0.35
27 $0.32 $0.36
28 $0.33 $0.38
29 $0.34 $0.39
30 $0.35 $0.41
31 $0.36 $0.43
32 $0.38 $0.45
33 $0.39 $0.47
34 $0.40 $0.49
35 $0.42 $0.51
36 $0.43 $0.53
37 $0.45 $0.55
38 $0.47 $0.57
39 $0.49 $0.59
40 $0.51 $0.61
41 $0.52 $0.63
42 $0.54 $0.64
43 $0.56 $0.66
44 $0.58 $0.67
45 $0.59 $0.69
46 $0.61 $0.71
47 $0.63 $0.73
48 $0.64 $0.76
49 $0.66 $0.78
50 $0.68 $0.81
51 $0.71 $0.84
52 $0.73 $0.88
53 $0.76 $0.91
54 $0.79 $0.95
55 $0.82 $0.98
56 $0.86 $1.03
57 $0.90 $1.08
58 $0.94 $1.13
59 $0.98 $1.18
Attained Age2 Male Female
18 $0.60 $0.48
19 $0.62 $0.49
20 $0.64 $0.51
21 $0.66 $0.53
22 $0.69 $0.55
23 $0.71 $0.57
24 $0.73 $0.59
25 $0.75 $0.60
26 $0.77 $0.63
27 $0.80 $0.65
28 $0.82 $0.67
29 $0.85 $0.70
30 $0.87 $0.72
31 $0.91 $0.76
32 $0.96 $0.79
33 $1.00 $0.83
34 $1.05 $0.86
35 $1.09 $0.90
36 $1.15 $0.95
37 $1.21 $1.00
38 $1.27 $1.06
39 $1.33 $1.11
40 $1.39 $1.16
41 $1.44 $1.20
42 $1.49 $1.24
43 $1.55 $1.28
44 $1.60 $1.32
45 $1.65 $1.36
46 $1.71 $1.38
47 $1.78 $1.40
48 $1.84 $1.42
49 $1.91 $1.44
50 $1.97 $1.46
51 $2.05 $1.52
52 $2.14 $1.58
53 $2.22 $1.64
54 $2.30 $1.70
55 $2.39 $1.76
56 $2.46 $1.83
57 $2.53 $1.90
58 $2.60 $1.97
59 $2.67 $2.04

Applicants must be a member of the Canadian Armed Forces (serving, retired or released), their spouse and / or their adult children. All applicants must be from 18 to 70 years old and a Canadian resident at time of application.

If you’re between the age of 18 and 60 years old you can choose this premium payment option allowing you to complete your premiums payments in the first 20 years. If purchased early on, it can help you avoid paying premiums during your retirement. Review the associated premium rate charts above for this payment option.

Members of the Canadian Armed Forces (serving, retired or released) and their spouses and adult children (spouse/parent service number required) can apply by contacting their SISIP Advisor, or, alternately, fill in the application available on this website and send through to Manulife directly.

Take action

Downloads

Ready to apply for Term 100 Life Insurance?

It's easy and quick to apply for Term 100. Simply download and print the PDF application below, fill it out, and mail it to the address found on the application. We'll contact you when your application is processed.

Or, you can contact your local SISIP Financial advisor or call 1-800-267-6681.

Our 30-day guarantee

Your satisfaction is our number one priority. Once you receive your insurance policy, examine it carefully. If you are not completely satisfied, contact us within 30 days and we will cancel your coverage and refund your premium in full, no questions asked.3