The Guardian 5 For Life is a 5-year convertible and renewable insurance solution term plan. It is designed primarily to provide high-level affordable coverage for persons 18 - 75 years old. Its purpose is to provide insurance protection for individuals, families and businesses at competitive rates. The minimum coverage is $4,000,000 and the allowable issue ages are 18 to 70 years.

Death Benefit

The death benefit is the sum of the basic sum assured plus the value of all unused premium credits at the time of death.

Expiration

At the Final Expiry Date - age 75 - the value of all unused premium credits will be paid.

Special Features

• Magna Rewards: Guardian Life will reward the Insured Person with Magna Reward points upon receipt of each premium. Magna Reward Vouchers may be redeemed and the proceeds used to pay premiums on this plan or used at any other Magna Rewards participating partner.

• Premium Credit: Upon receipt of each premium, Premium Credit will accrue to the policy.

• Premium Credits will be used to pay the premium (on your 5 for LIFE plan) that has been outstanding for a specified period, provided sufficient credits have been accumulated.

• Un-used Premium Credits will be paid: upon the death of the life insured, along with the sum assured, or at age 75, the final expiry date.

• Premium credits may be used to pay premiums on the new plan where full Coverage is being converted.