Why buy life insurance for business partners with Serenia Life?
Youāve built a business youāre both proud of. Donāt leave its future to chance! With Serenia Lifeās Business Partners Insurance, you can rest easy knowing everything you worked so hard for is protected well into the future. Not to mention:
- Itās more affordable than buying two single policies, even if one of you has a health condition1
- You can use your coverage to leave behind a donation to a cause or charity your business supports
- The right life insurance means passing on the business to the next generation, without passing on all the tax2
- You’ll get access to our growing collection of unique benefits ā exclusive to Serenia Life members!
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UP TO $500 IN SAVINGS!
Save on all first-year life insurance policies with Serenia Life.
See our terms and conditions below.*
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What is Business Partners Insurance?
Business Partners Insurance is a nicer nickname weāve given to a product whose official name sounds a bit scary: Joint Last to Die (JTLD) insurance. JLTD provides affordable coverage for two lives under one policy, simplifying the process for everyone involved. The beneficiaries of a JTLD policy receive the death benefit after the second person passes away.
Serenia Lifeās Exclusive Benefits for Members3
Free Online Will
Weāve partnered withāÆWillfulĀ®āÆto give members the opportunity to create their will and appoint power of attorneys (POAs) simply, quickly ā and at no cost.
$1,000 Scholarship
Take advantage of a one-time $1,000 scholarship towards any year of a full-time diploma,āÆundergradāÆdegree, or graduate program.
Fundraiser Support
Receive $150 in seed money to get a fundraiser started, plus a post-event donation of $100 to the causeāÆyou’reāÆsupporting.
Traditional Will
Receive aĀ reimbursement ofĀ up to $150 when youĀ hireĀ a lawyer to draftĀ or updateĀ your will or power of attorney (POA).
Trip With a Mission
ReceiveĀ $200 towards the cost of volunteering away from home ā whether in Canada or abroad ā plus a $50 donation to your cause.Ā
Safe Communities
Keep kids in your community safe with a safety kit and safety sign that reminds drivers to slow down when neighbourhood children are at play.
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Serenia Life advisor to get your free quote!
1 As long as the other partner is in good health.
2 Taxes owing on a second property upon inheritance could be substantial. Beneficiaries can use the insurance payout towards the Capital Gains Tax payment.
3 Serenia Life Financialās member benefits and program are not contractual. They are subject to change and maximum funding limits.
4 PMG Intelligence āMember Satisfaction Research 2022.ā Conducted September 2022 on behalf of Serenia Life Financial.
5For more details, please contact us through Member Services at 1-800-563-6237 or at 300-470 Weber Street North, Waterloo, ON N2L 6J2. You may view our Privacy Policy online at: serenialife.ca/privacy-policy/