Your AMA life insurance plans just got better

Insurance Insights

July 8, 2020

Contributed by: Glenn McAthey, CFP, CLU, CHS | Director, ADIUM Insurance Services Inc.

We thought you should know that the Alberta Medical Association has joined together with Manulife to bring members even greater savings on term life Insurance.

As a valued member, you can now take advantage of up to three rate reductions:

  1. New lower term life rates: A 10% decrease became effective January 1, 2020.
  2. The AMA Premium Credit™: Additional 20% savings in 2020!
  3. Preferred or Elite rates: If you and/or your spouse live healthy, low-risk lifestyles and apply for at least $250,000 of coverage, you will be automatically considered for even lower rates.

Plus, new accelerated underwriting is available

Applying for new or additional coverage is easy, as medical exams aren’t normally required if you’re age 50 or under and applying for up to $2 million in coverage.

With all these savings, now might be a good time to take care of your family and invest in coverage.

The AMA advances patient-centered, quality care by advocating for and supporting physician leadership and wellness.