Term Life Insurance and Whole Life Insurance
UV Insurance’s range of Term Life Insurance and Whole Life products is diverse and flexible: explore each one to better support your clients!
Term Superior+ life insurance offers guaranteed fixed premiums with comprehensive coverage for 10, 15, 20, 25 or 30 years.
This product is available in Simplified Issue or in regular underwriting, depending on the insurance amount purchased.
Whole Life High Values is a 20-pay Whole Life insurance with guaranteed fixed premiums, offering one of the highest cash values in the industry.
This product is available in Simplified Issue or in regular underwriting, depending on the insurance amount.
Adaptable is a Whole Life Insurance available in 8 payment options, offering substantial surrender values and guaranteed fixed premiums.
This product is available in Simplified Issue or in regular underwriting, depending on the insurance amount purchased.
Whole Life Pay to 100 is a Whole Life insurance with a guaranteed level insurance amount, surrender value available from the 5th contract anniversary and premiums payable to age 100.
This product is available in Simplified Issue or in regular underwriting, depending on the insurance amount purchased.
Insurance for Children
Insurance for Children allows your clients to protect what matters most to them. In addition to Adaptable, Whole Life High Values and AdapCI Juvenile, UV Insurance offers two products for children.
With the purchase of a Early Learning or Juvenile 30/100 contract, your clients will receive a fee refund on future contracts.
Early Learning is coverage for children aged 0 to 36 months, for which the first year is completely free.
Covering natural death, accidental death, dismemberment, fractures, and fee refunds following an accident, Early Learning is the ideal coverage for children.
No eligibility questions are required for this product.
Juvenile 30/100 is an insurance product for children aged 15 days to 15 years. It combines two distinct coverages:
- Life insurance offering a $100,000 coverage in the event of death.
- Critical Illness insurance offering a $10,000 coverage for 9 common conditions.
This product is available in Simplified Issue only.
When a client purchases Early Learning or Juvenile 30/100, they are eligible for a one-time cash-back rebate on additional contracts purchased by members of their immediate family (father, mother, brothers and sisters) within 12 months of the purchase. This refund does not apply to other Early Learning contracts.
The refund is made eight (8) weeks after the issuance of the new contracts, as long as they are still in force. The refund will be made by bank deposit if the client has chosen PAD as the payment method, or by cheque if they are paying by cheque.
The reimbursement amount is cumulative and varies according to the number of eligible contracts: $25 for the 1st contract purchased, $50 for the 2nd contract purchased and $100 for the 3rd and additional contracts purchased.
Refunds must be requested when submitting additional applications. Simply indicate the Early Learning or Juvenile 30/100 reference number of the Early Learning or Juvenile 30/100 contract in the Fee Refund section of the Payment page in the electronic application. If the contract number is not yet available, the name of the child insured under the Early Learning or Juvenile 30/100 contract may be entered as a reference.
Critical Illness Insurance
Offer your clients the best possible conditions to heal and avoid financial worries.
Discover AdapCI and AdapCI Juvenile, our complete Critical Illness insurance coverage available in amounts from $10,000 to $2,000,000.
This product is available in regular underwriting only.
Disability and Other Coverage
Enhance your clients’ insurance contracts with additional coverage that addresses their needs:
- Credit Insurance Rider
- Child Rider (Life Insurance)
- Accidental Fracture
- Accidental death and dismemberment
- Waiver of premium in the event of total disability
- Waiver of premium in the event of total disability or death
- Waiver of premium in the event of loss of employment
- Preapproved Critical Illness insurance
Useful Information
When a client purchases Early Learning or Juvenile 30/100, they are eligible for a one-time cash-back rebate on additional contracts purchased by members of their immediate family (father, mother, brothers and sisters) within 12 months of purchase. This refund does not apply to other Early Learning contracts.
The fee refund is made eight (8) weeks after the issuance of the new contracts, sd long as they are still in force. The refund will be made by bank deposit if the client has chosen PAD as the payment method, or by cheque if paying by cheque.
The reimbursement amount is cumulative and varies according to the number of eligible contracts: $25 for the 1st contract purchased, $50 for the 2nd contract purchased and $100 for the 3rd and additional contracts purchased.
Refunds must be requested when additional applications are submitted. Simply indicate the Early Learning or Juvenile 30/100 contract reference in the Fee Refund section of the Payment page in the Payment page on the electronic application. If the contract number is not yet available, the name of the child insured under the Early Learning or Juvenile 30/100 contract may be entered as a reference.
An electronic signature is a digital method for authenticating the identity of a signatory and validating an electronic document. When sending a document electronically signed, it is essential to include the validation history or audit of the signature process. This history or audit guarantees the integrity and security of online transactions.
Electronic signatures are accepted on all of our individual insurance documents, provided they come from an approved solution, such as iGeny, Adobe Sign, SignNow, DocuSign, ConsignO or OneSpan.
A signature made using a pen or finger on an electronic device (computer, tablet or telephone) is also considered an electronic signature. Therefore, it must be authenticated by the validation history or audit of the signature process.
To find out which electronic signatures are accepted in investment, please consult the page dedicated to this subject.
Three contract delivery options are available. Advisors can access a digital copy of the contract and all related communications at any time, directly on their My Universe portal, in PDF format.
Electronic Delivery
The contract and related communications are sent to the owner through the My Universe portal. The owner receives an email within a few hours of submitting their application to create their portal access. If they do not receive the email, they can use the “Forgot your password?” function on the uvinsurance.ca website by clicking on “Log in,” then selecting “Clients” under “Individual Insurance”. When choosing electronic delivery, owners are automatically notified by email each time a document or message is available on their portal. When owners wish to add or change their email address, they must call our customer service department at 1-800-567-0988.
Paper Delivery
The contract and communications will be sent in paper format to the contract owner through the MGA and the advisor.
Paper and Electronic Delivery
The contract and communications are sent in paper format to the owner, while also being accessible online through the My Universe portal.
An annual discount of $15 or a monthly discount of $1.35 is available when more than one eligible contract is in effect, including the first contract.
- The discount is guaranteed for the duration of the contract, even if one of the contracts is later cancelled.
- The multi-contract discount is automatically applied when an insured has basic coverage with a Term Superior+ life insurance rider. In this particular case, checking the multi-contract discount box will not change the premium, as the discount is already included.
Early Learning and Juvenile 30/100 coverage are not eligible for the discount.
The discount can be applied directly in the illustrator, by checking the appropriate box, provided the criteria are met:
- Personal contract: apply for the multi-contract discount if the same address is used for all contracts (insureds, contract owners, and payers) and there is a link between them (parent, partner or children).
- Business contract: apply for the multi-contract discount if the same address is used for all contracts (contract owners and payers) and there is a business relationship between the insureds (associates).
The multi-contract discount can also be applied when an eligible contract is already in effect with UV Insurance, provided it is in premium payment (not paid up), excluding Early Learning.
Our Team
Our individual insurance sales team is made up of professionals committed to assisting financial security advisors. Make an appointment with one of them to learn more about our products!
