Right now, 31% of Canadians say they need or need more life insurance coverage. That is a huge market of nearly 8.46 million potential customers.¹
With Foresters Financial™, securing the right coverage for your clients is easy.
Healthy clients can take advantage of the competitive rates and powerful built-in features of our comprehensive products. And, for those who want a faster, no-medical², simplified issue application process, Canada Protection Plan® from Foresters Financial make getting insured simpler than ever.
A diverse suite of products to meet your clients' unique needs
No medical, simplified issue products
- Easy to get coverage regardless of health or lifestyle:
- A-Z Life Coverage — a true no medical experience for your hard-to- insure clients.
- Critical Illness Insurance — affordable coverage for those with health concerns, including a history of cancer or heart conditions.
- Express Elite — affordable term coverage for up to $750,000.
- Anyone between age 18-80 can be insured.
- Answers on applications determine eligible product.
- Payments start in the second month3.
- Medical Information Bureau (MIB) check with every app.
Comprehensive products
- Competitively priced whole and term life insurance with valuable built-in features:
- Advantage Plus Par Whole Life4 — affordable permanent protection with the opportunity for dividend growth.
- Advantage Max Par Whole Life4 — prioritize protection and cash value growth.
- Foresters Term4— some of the lowest term rates in the industry.
- Non-Par Whole Life5— cost-effective lifetime protection with guaranteed cash value accumulation.
- Foresters Live Well and Live Well Plus5— critical illness insurance to protect your clients if they become seriously ill
- Fully underwritten. No initial paramedical or lab work required for up to $1,000,000 for ages up to 50 and $500,000 from ages 51-55.
- Optional riders to customize coverage to your clients’ unique needs.
Built-in features
Our comprehensive products come with a wide variety of built-in features at no additional premium.
- Quit Smoking Incentive offers smokers lower non-smoker rates for two years. And they can keep these lower rates if they’ve quit smoking.6 Available on Advantage Plus, Advantage Max and Non-Par Whole Life.
- Charity Benefit Provision7 of up to $100,000 in addition to the death benefit amount. Available on Advantage Plus, Advantage Max and Foresters Term.
- Children’s Insurance Benefit of up to $3,000 in term insurance coverage up to age 25. Available on Advantage Plus and Advantage Max.
- Juvenile Guaranteed Insurability Benefit for insured younger than 18. They can purchase more insurance on specific dates without evidence of insurability. Available on Advantage Plus and Advantage Max.
- Bereavement Assistance of up to $1,000 for counseling services to help beneficiaries with their loss. Available on Foresters Term and Non-Par Whole Life.
- Survivor Privilege offers the survivor under a Joint First-to-Die policy the ability to convert coverage within 60 days without proof of insurability if one insured passes away. Available on Foresters Term and Non-Par Whole Life.
- Non-Life-Threatening Illness Benefit of up to $50,000 if the insured is diagnosed with a covered non-life-threatening illness. Available on Live Well and Live Well Plus.
- Return of Premium at Death offers a refund on eligible premiums if the insured dies while the policy is active. Available on Live Well and Live Well Plus.
- Teladoc Medical Experts8 (non-contractual) provides the insured and their family access to personalized advice and recommendations on medical issues from leading experts. Available on Advantage Plus, Advantage Max, Non-Par Whole Life, Live Well and Live Well Plus.
Tools that drive your business forward
Whether you're building your practice or serving a growing client base, our innovative tools are designed to help insurance advisors work smarter and faster. From powerful illustration software and easy-to-use e-apps to fast electronic delivery and a 24/7 business portal, we help you save time, stay organized, and serve clients with confidence.
Financial strength your clients can count on
Foresters has been helping Canadian secure their future and make a difference in their community since 1874. Your clients can feel confident with our 25-year straight “A” (Excellent) A.M. Best rating9 and 182.4% Life Insurance Capital Adequacy Test (LICAT) ratio.
Long history of paying dividends
Since we launched our first Canadian participating life insurance product in 1957, Foresters has been dedicated to keeping our participating account strong. Our dividend payout history spotlights our commitment to ensuring our clients get the dividends they earn, even during global financial difficulties. Foresters has consistently paid dividends for more than 60 years.
Contract with us
If you’re not already contracted, it’s easy for a qualified insurance advisor to get a contract with us. Apply through your Managing General Agency to get contracted to sell our comprehensive products or contract to sell our simplified issue products with Canada Protection Plan® from Foresters Financial. Contract with both and serve a broader range of Canadians.
On your side, helping you succeed
Contact your Regional Vice President to learn how you can go further.
¹Source: LIMRA, Nearly One Third of Canadian Adults Report Living With a Life Insurance Coverage Gap, November 7, 2024, https://www.limra.com/en/newsroom/industry-trends/2024/nearly-one-third-of-canadian-adults-report-living-with-a-life-insurance-coverage-gap/
²Insurability depends on answers to medical and other application questions and underwriting searches and review.
³Applicable on monthly payment plans only.
4Underwritten by The Independent Order of Foresters.
5Underwritten by Foresters Life Insurance Company.
6Quit Smoking Incentive is only available on Advantage Plus and Non-Par Whole Life (single life only).
7When a claim is paid to the beneficiaries, Foresters will pay the eligible designated charitable organization in the name of the insured. The designated charitable organization must be registered as a charity with the Canada Revenue Agency. The Charity Benefit will only be paid if an eligible beneficiary for the benefit has been designated, prior to, and is in effect on, the date of the death of the insured.
8This Program is provided solely by Teladoc Health Inc., subject to eligibility requirements and limitations and may be changed or cancelled at any time without notice. This benefit is not part of the certificate.
9The A.M. Best ratings assigned on October 10, 2025 reflect overall strength and claims-paying ability of The Independent Order of Foresters. An “A” (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. A.M. Best assigns ratings from A++ to F, A++ and A+ being superior ratings and A and A- being excellent ratings. In assigning the ratings, A.M. Best stated that the rating outlook is “stable”, which means it is unlikely to change in the near future. See ambest.com for our latest rating.
10Foresters member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions and limitations and may be changed or cancelled without notice or are no longer available.
Foresters Financial, Foresters, Foresters Care, Foresters Moments, Foresters Renew, Foresters Member Discounts, Foresters Go, the Foresters Go logo and Helping Is Who We Are are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Rd, Toronto, Ontario, Canada M3C 1T9) and its subsidiaries.
For Advisor use only
424921 CAN 01/26.