More protection for your loved ones
Your group life insurance provides valuable protection for your family, but it may not be enough to provide the financial security you need when your plan terminates or if you’re already retired. Final expenses, post-secondary education for children or grandchildren, a secure retirement for your spouse, and covering mortgage costs are all things to consider.
OTIP offers four life insurance plan options, each with a range of coverage amounts and term lengths.
Find the coverage that’s right for you and apply online.
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LifePlan
Apply Online
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Carrier
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Teachers Life
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Applicant Age
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18-60
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Term
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10, 15, 20, 25
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Renewable
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No
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Coverage
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Age*
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Max Amount
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< 45
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$1,000,000
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46-50
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$500,000
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51-55
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$250,000
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56-60
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$150,000
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*Based on closest age. E.g. 55 years and 182 days eligible for $250,000, 55 years and 183 days eligible for $150,000.
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Available up to
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Age 70
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Convertible?
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No
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Medical Required?
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No
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LifePlan 100
Apply Online
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Carrier
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Teachers Life
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Applicant Age
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20-70
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Term
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100-year
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Renewable
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No
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Coverage
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$10,000 - $250,000
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Available up to
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Age 100
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Convertible?
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No
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Medical Required?
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Yes — blood and urine
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LifePlan 10
Apply Online
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Carrier
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Manulife
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Applicant Age
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18-70
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Term
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10-year
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Renewable
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Yes
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Coverage
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$25,000 - $1,000,000
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Available up to
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Age 85
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Convertible?
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Yes — policy can be converted to any permanent Manulife insurance policy up to age 69.
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Medical Required?
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Yes — blood and urine
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LifePlan 20
Apply Online
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Carrier
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Teachers Life
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Applicant Age
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19-65
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Term
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20-year
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Renewable
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Yes
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Coverage
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$50,000 - $1,000,000
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Available up to
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Age 85
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Convertible?
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Yes — partial or whole conversion to a permanent Teachers Life insurance policy is offered up to age 65
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Medical Required?
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Yes — blood and urine
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