The CIBC Term Life Protection Plan also provides a Living Benefit of up to $50,000, a Cancer Benefit of up to $10,000, and a Waiver of Premium Benefit.
There are no restrictions on how the benefit can be used and the benefit payment is tax-free.
Key benefits
| Available to age 65 |
If you are age 18 or older and under age 66, you are eligible to apply. |
| Greater security |
Helps provide financial support if you are no longer there to provide for your family, up to $100,000. |
| Coverage options |
Choose from $50,000, $75,000 and $100,000 worth of coverage. |
| Additional benefits |
Cancer Benefit, Living Benefit and Waiver of Premium Benefit also provided. |
| Convenient |
Your monthly premium payments can be made from either your personal deposit account or from your credit card account. |
| Guaranteed rates |
Your rates are guaranteed for five years and will not go up during this period. |
| 30-day review period |
If you decide that you don't need this valuable protection, you may cancel within the 30-day free review period and pay nothing! |
Questions?
For more information about product terms and conditions or for assistance, please call CIBC Life Insurance Company Limited at
Trademarks and Disclaimers
Products and their features may change at any time. This is a general description only. Some limitations and exclusions apply. A detailed summary of the terms, conditions, benefits, limitations, exclusions and other provisions are contained in the Insurance Policy. Download a sample copy of the current Policy (6 MB) used for new customer enrolments or receive your copy upon enrolment. CIBC Term Life Protection Plan is underwritten by CIBC Life Insurance Company Limited.
Copyright® 2012 Canadian Imperial Bank of Commerce. All rights reserved.
