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A gift for the whole family

This life insurance policy protects each member of your family. You could also leave them up to $50,000 in life insurance policy for when they’re no longer dependants.

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For you and your entire family

La Familiale* is different: it lets you insure each member of your family, instead of just you, with a single policy. That means that if you lose your spouse or a child, you’ll receive a benefit. La Familiale is also useful once you or your spouse has passed away, since it’s transferred to the other members of your family.

With a single policy, you’ll cover every member of your immediate family.

It’s a great way to insure your children—and give them a precious gift!

Shopping around for insurance may be getting easier, but it’s not really anyone’s idea of a good time. Imagine already being insured when you finish school or buy a house. It’s a wonderful gift that lets your children start their adult lives with peace of mind—and one less thing to think about. 

Basically, with our family life insurance you can convert the coverage for your child into a policy worth up to $50,000 as soon as they turn 20, with no medical exam required. It is important to note that coverage ends for children after age 24. At age 24, your child is no longer considered a dependent, while you and your spouse remain insured until death. Your coverage is never lost, it’s simply reallocated!

3 insurance plans depending on the desired insurance coverage 

Our permanent family life insurance comes in 3 different plans: Plan 100, Plan 200 and Plan 400. As you might have guessed, each plan corresponds to the amount received if a spouse dies: $100,000, $200,000 or $400,000. That’s the basic amount received for a spouse who dies before the age of 55. After 55, it’s less.

For children, the amount is the same regardless of the plan: $25,000.

The younger you and your spouse are, the greater the amount received

The trick with insurance is to get just the right amount of coverage. If you opt for a needlessly large amount of coverage, you’ll pay too much. If you opt for too little coverage, your family won’t have enough money to cover the expenses following your death.

With La Familiale, the benefit amount grows smaller with age, reflecting the coverage you actually need.

Age of the deceased subscriber Plan 100 Plan 200 Plan 400
18–54 years old $100,000 $200,000 $400,000
55–59 years old $75,000 $150,000 $300,000
60–64 years old $50,000 $100,000 $200,000
65 ans et plus  $25,000 $50,000 $100,000
Dependent children (48 hours–24 years) $25,000 $25,000 $25,000

If you need more coverage at the age of 55, this insurance provides a right to purchase additional insurance within 90 days of your 55th birthday.

Summary of La Familiale permanent life insurance

  • For adults age 18 to 53
  • For children from 48 hours to 24 years (under the age of 18 when the policy is first taken out)
  • Can be converted to full life insurance for children age 20 to 24
  • Right to purchase additional insurance at age 55

*La Familiale is an Acadia Life product. Subject to eligibility criteria and policy terms and provisions. 

Acadia Life is a component of UNI Insurance. UNI Insurance is the descriptive trademark of the subsidiaries of Caisse populaire acadienne ltée: AVie, Financial Security Advisors; Acadia General Insurance (general insurance provider); and Acadia Life (personal insurance company).