We understand that Life Insurance might not be your first priority as you launch your career. That’s why CBIA/Lawyers Financial welcomes every new lawyer with automatic, no-cost Term Life Insurance for 15 months.
All new calls to the bar are provided with $100,000 in coverage with no medical questions and no obligation.
- Built for you
After the complimentary 15-month period, the choice to keep the coverage is completely yours.
If you do not wish to continue the coverage, simply ignore our renewal offer and allow the coverage to terminate. You are under no obligation to continue coverage.
If you do decide to continue with the coverage, you can purchase it for as little as $6/month depending on your age, sex and smoking status.
- Your Questions Answered
Here are some questions we get from new calls to the Bar about the complimentary life coverage.
I’m young. Why would I need life insurance?
Most people don’t think about life insurance until they buy a home or start a family and that’s okay. But there are reasons to consider it as early as possible. When you are young and presumably healthy, you will likely qualify for the lowest rates. The proceeds from even a small policy could help pay off outstanding loans for which parents or relatives have co-signed. Or, you could help a favourite charity that’s close to your heart.
Why is CBIA/Lawyers Financial doing this?
There are two important reasons for providing you with this protection:
- Our financial strength allows us to help the newest members of the legal profession;
- We want to introduce you to CBIA/Lawyers Financial so you know who we are and that we are here to help you – with both your insurance and investment needs.
Alternative #2. We want to introduce ourselves and let you know about all the ways Lawyers Financial can help with your insurance and investment needs.
What if I already have life insurance?
That’s okay. You are still eligible for this complimentary protection. In addition, you may want to check out our rates and compare them with your current coverage. You may be surprised how much you could be saving.
I have been recently called to the Bar but have not been contacted by CBIA/Lawyers Financial about this offer.
Rest assured that all new Calls are eligible for this coverage, however, we do not always receive accurate contact information. If you have been called to the Bar in the last 12 months and have not heard from us, please contact your local Lawyers Financial Advisor or contact our Head Office directly at 1.800.267.2242.
Life insurance underwritten by The Manufacturer’s Life Insurance Company (Manulife). P.O. Box 670, Stn Waterloo, Waterloo ON N2J 4B8