Life Insurance Protection from OTIP

Lenders have their way; OTIP has yours. Protect major financial investments, like your mortgage, with LifePlan 10 – a convenient, valuable alternative to the mortgage insurance offered by your financial institution.

• Policy value remains the same as you pay off your mortgage
• Premiums won’t increase for the 10 years your policy is in effect
• Completely portable coverage that isn’t affected if you change homes or renegotiate your mortgage

Learn more about coverage and premiums or apply now for LifePlan10. LifePlan 10 is a term life insurance solution underwritten by Manulife Financial

Does your board coverage end at retirement or age 65? Do you still require the comfort of life insurance to meet your lifestyle and financial planning goals? If so, LifePlan 80 offers the following features:

• Term life insurance to a maximum of $150,000 (in increments of $25,000)
• Coverage is completely portable and stays with you to age 80
• Level premiums to meet your needs and budget
• No medical examination required, premiums based on age at enrollment
• Available to all education employees and spouses, retired or not

View our LifePlan 80 brochure (PDF, 299 KB) for information on coverage and premiums.

LifePlan 100 helps meet your permanent life insurance needs and completes your financial plan with level premiums to assist with budgeting.

• Coverage is available in amounts ranging from $25,000 to $250,000 (in increments of $25,000)
• Level premiums in force for life (until age 100)
• No medical examination required, premiums based on age at enrollment
• Available to all education employees and spouses, retired or not

View our LifePlan 100 brochure (PDF, 423 KB) for information on coverage and premiums.

OECTA members can protect their families with a plan that includes group life insurance and accidental death and dismemberment coverage.

• Choose from a minimum of $25,000 to a maximum of $200,000 (in increments of $25,000)
• Includes equal amounts of accidental death and dismemberment coverage
• Available to all OECTA due-paying members and spouses
• Coverage is in force until age 70
• OTIP administers the OECTA Voluntary Life Insurance Plan on behalf of OECTA

The ETFO Life Plan is designed to meet the unique life insurance needs of ETFO members, providing them with security and peace of mind.

• $20,000 base term life insurance
• Optional life coverage ranges from $20,000 to $180,000, for a total of $200,000
• First $20,000 base and $20,000 optional are guaranteed issue (no medical examination required)
• Includes equal amounts of accidental death and dismemberment coverage
• Insurance options in force until age 65
• Available to all ETFO members, spouses and dependants
• OTIP administers the ETFO Life Plan on behalf of ETFO