The Group Term Life Insurance Plan for Citi MasterCard cardmembers

Designed specifically for Citi MasterCard cardmembers by The Canada Life Assurance Company, this exclusive plan offers a host of benefits with coverage levels to suit your needs and budget:

  • Citi Cardmembers and their spouses are eligible
  • Coverage ranging from $50,000 to $250,000
  • No medical exam usually required to enroll
  • Low group rates
  • Non-smoker discount
  • Coverage guaranteed to age 70
  • Worldwide protection, 24 hours a day
  • 30-Day Satisfaction Guarantee

Citi Cardmembers and their spouses are eligible
If you and your spouse live in Canada and are between 18 and 64, you are eligible to apply. The benefits you choose are paid in a lump sum to your beneficiary

Coverage ranging from $50,000 to $250,000
Whether you’re a first-time insurance buyer or topping up existing coverage, you can select the amount that fits your needs from a wide range of coverage. Use our Calculator tool to help determine the coverage you may need.

No medical exam normally required to enroll
Simply answer a few basic medical questions, and in most cases you'll qualify without a medical exam. Apply Now online!

Low Group Rates
Learn how affordable our coverage can be, through Get A Quote. You'll quickly discover how group rates make premiums affordable.

Non-smoker discount
If you haven’t used tobacco products or nicotine substitutes in the past 12 months, you qualify for a substantial discount. Coverage is guaranteed to age 70. As long as the master policy is in effect and you pay your premiums on time, Canada Life cannot cancel or reduce your coverage regardless of health or occupational changes. However, you are free to cancel your coverage at any time.

Worldwide protection, 24 hours a day
We provide worldwide, around-the-clock protection that covers you while at work, at home or traveling.

30-Day Satisfaction Guarantee
Once you receive your Certificate of Insurance, you have 30 days to review it to ensure you are fully satisfied. If not, return it to Canada Life with your signed request to cancel and we will promptly repay your premiums, no questions asked!

The Group Term Life Insurance Plan for Citi MasterCard cardmembers can offer all the coverage you may need for you and your spouse, for just pennies a day. You’ll enjoy the feeling of security that goes with knowing that, in the event of your death, your insurance will help cover your mortgage, car payments, child care costs, clothing, groceries and other expenses. Take a few minutes to learn more, using our online tools:

  • Calculator - find out how much insurance you may need
  • Get a Quote - learn how low your monthly premiums will be
  • FAQ - get answers about Term Life Insurance
  • Glossary - learn some basic Term Life definitions
  • Apply Now - in just minutes, you can obtain all the coverage you may need
Next
Apply Now
Get a Quote
Calculator
FAQ
Glossary