Life Insurance

Independent Order Of Foresters

The Independent Order Of Forsster are one of the oldest Life insurance Companies in Canada. IOF have started out some 135 years ago, to provide Fraternal Benefits to it's members, including Investments and Life Insurance Products.

They have remained independent and no for profit ever since.

Recently the Foresters have bought another great Canadian Life Insurance Company, Unity Life Insurance of Canada. What IOF have accomplished with this merger is a win-win-win situation. What I mean, this merger between those two companies has helped both Insurers, and most importantly the policy owners.

You see, IOF's problem was that they didn't have a salesforce to market their membership and product. They also didn't have a great portfolio of Term Life Insurance Products.

What Unity Life brought to the table is a superb brokerage of Life Insurance Brokers, eager to sell the new products, and an array of up to date, very competitive term life insurance products.

What Unity Life Insurance gained from this merger is that everyone of the new policy holders of Unity Life will also get a totally free IOF benefit membership package, whjch will differentiate Unity Life from it's competitors.

Big deal you say... but take a look at this package here, and remember, even the person that buys a $15 term policy with Unity life gets these benefits for free:

• Orphan Benefit Monthly Payment For Children Under 18
  This benefit pays $300 per month per child to the legal guardian for children under 18 due to death of both parents.
• Critical Illness Member Benefit
  A $4,000 lump sum payment per benefit membership is provided upon initial diagnosis of one of these Critical Illnesses for any one family member:
  • Cancer (Life Threatening)
  • Heart attack
  • Stroke
  • Multiple Sclerosis
• The Orphan Scholarship Benefit provides children of a deceased benefit member with a renewable scholarship for higher learning for up to 4 years to cover tuition and maintenance
   

  Orphan Scholarships one parent single parent both parents

  Benefit Description $1,500 $3,000 $6,000