SolutIon 100 - Empire Life

SOLUTION®
SERIES
Traditional life
insurance
SOLUTION 10
SOLUTION 20
SOLUTION 100
HYBRID SOLUTION 100

SOLUTION SERIES
The Solution Series from The Empire Life Insurance Company (Empire Life) was designed to provide affordable, flexible life
insurance for a wide range of protection needs.
Solution 10 / Solution 20
Solution 10 and Solution 20 are renewable and convertible term policies. Premiums are guaranteed and remain the same
for the indicated term at which point the policy renews automatically and the premiums increase. This is affordable,
flexible protection for clients with growing families or businesses. Both products are suitable for short-term insurance
needs or to cover specific liabilities, such as a mortgage.
Solution 100
Solution 100 is a policy whose premiums are due for life, providing protection at an affordable guaranteed premium and
guaranteed values that start after the 4 th year. This product is specifically designed to appeal to clients that have a need
for permanent protection at an affordable level premium to age 100. This type of product will have a definite appeal to
grandparents. It is a wonderful way to provide life insurance coverage for grandchildren at the lowest possible cost. This
provides a solid financial foundation for a grandchild.
Hybrid Solution 100
Hybrid life insurance is a union of guaranteed and variable features providing a uniquely competitive permanent life
insurance coverage. Hybrid Solution 100 is a unique product that provides the safety of a guaranteed maximum premium
limit and guaranteed minimum value limits that start after the 4 th year with the flexibility to remain competitively priced
throughout the lifetime of the policy. This product is designed for contemporary clients who believe long term interest
rates in Canada will increase in the future. Having premium changes linked to a benchmark interest rate makes the
Hybrid Solution 100 more responsive to market conditions. While there are maximum and minimum premium limits, the
actual premium you will pay is not guaranteed and may change each year based on changes in the interest rate range as
indicated in your policy. Actual values are not guaranteed and may change each year based on changes in the Company’s
long-term outlook or expectations.

SIMPLE
AFFORDABLE
FLEXIBLE…
PLAN DETAILS
Feature Solution 10 Solution 20 Solution 100 Hybrid Solution 100
Description
Affordable 10-year life
insurance, paid-up at age
100 with a rate freeze as
early as age 76.
Affordable 20-year life
insurance, paid-up at age
100 with a rate freeze as
early as age 66.
Low-cost level rates and
coverage, paid-up at age
100 with cash values
starting after 4 years.
Level coverage, competitively
priced premiums and values
that adjust within guaranteed
minimum and maximum limits,
paid-up at age 100 with cash
values starting after 4 years.
Issue Ages 18 – 75 (age nearest) 18 – 65 (age nearest) 0 – 75 (age nearest) 0-75 years (age nearest)
Duration of
Coverage
For life - fully paid up
at age 100. Coverage
increasing by 5% every
anniversary thereafter.
For life - fully paid up
at age 100. Coverage
increasing by 5% every
anniversary thereafter.
For life - fully paid up
at age 100. Coverage
increasing by 5% every
anniversary thereafter.
For life - fully paid up at age 100.
Coverage increasing by 5% every
anniversary thereafter.
Renewals Renewable every 10
years to the premium
anniversary following the
75th birthday and remains
level to age 100.
Renewable every 20
years to the premium
anniversary following the
65th birthday and remains
level to age 100.
N/A
N/A
Underwriting Regular Regular Regular Regular
Minimum
Issue Amount
Policy Fee
$25,000 up to age 65
$10,000 for ages 66 and up
$50 (standard fee), $0 (rider)
Banding under $100,000
$100,000 - $249,999
$250,000 - $499,999
$500,000 +
Cost of
Insurance
Level and guaranteed for a
10-year term
Level and guaranteed for a
20-year term
Level and guaranteed to
age 100
Variable premium that may
adjust each year to one of nine
set premium amounts, each tied
to an interest rate range.

PLAN DETAILS
Feature Solution 10 Solution 20 Solution 100 Hybrid Solution 100
Conversion
Period
to age 75 to age 75 not convertible not convertible
Eligible
conversion
options
• Solution 100
• Hybrid Solution 100
• Optimax or
Optimax 20 Pay
• Trilogy or Trilogy Plus
(with ART85 or Level COI)
• Solution 100
• Hybrid Solution 100
• Optimax or
Optimax 20 Pay
• Trilogy or Trilogy Plus
(with ART85 or Level COI)
N/A
N/A
Payment
Modes
Annual or Monthly
Values No values No values Guaranteed cash surrender
and reduced paid-up
values commencing after
4 years
Guaranteed minimum and
maximum cash surrender
and reduced paid-up values,
commencing after 4 years
Available as a
rider on
• Solution 10
• Solution 20
• Solution 100
• Hybrid Solution 100
• Vital Link
• Optimax
• Solution 10
• Solution 20
• Solution 100
• Hybrid Solution 100
• Vital Link
• Optimax
• Solution 10
• Solution 20
• Solution 100
• Hybrid Solution 100
• Vital Link
• Optimax
• Solution 10
• Solution 20
• Solution 100
• Hybrid Solution 100
• Vital Link
• Optimax
Benefits
availability
• WP
• GI
• AD&D
• Children’s Life Rider
• Children’s CI Rider
• WP
• GI
• AD&D
• Children’s Life Rider
• Children’s CI Rider
• WP
• Payor WP
• AD&D
• GI
• Children’s Life Rider
• Children’s CI Rider
• WP
• Payor WP
• AD&D
• GI
• Children’s Life Rider
• Children’s CI Rider
Number of
lives allowed
1 st death: 2 lives
Last death: 2 lives
Joint and
sub-standard
calculations
Based on Single
Equivalent Age (SEA)
Age rate-up approach
Survivors’
temporary
insurance
Available 2 lives only
The information in this document is for general information purposes only and is not to be construed as providing legal, tax,
financial or professional advice. The Empire Life Insurance Company assumes no responsibility for any reliance made on or misuse
or omissions of the information contained in this document. Please seek professional advice before making any decision.
®
Registered trademark of The Empire Life Insurance Company. Policies are issued by The Empire Life Insurance Company.
Investments • Insurance • Group solutions
www.empire.ca info@empire.ca
E-0005-ENG-09/13