We are pleased to announce that on April 16, 2020, Empire Life is introducing a new Return of Premium on Death Rider (ROPD) to our Empire Life CI Protect Plus product (CIPP). The new CIPP with ROPD is competitively priced with overall premium rankings as follows:

The ROPD rider will be available on CIPP 10, 20 & 75 plans at time of issue. Policies with ROPD will return all eligible premiums paid upon life insured’s death, including medical extras and policy fee (if the CIPP coverage is a base coverage).

One-time Offer to add ROPD to an inforce CIPP coverage

For eligible CIPP coverages issued prior to April 16, 2020, as a special offer, we will allow policy owners to add the ROPD rider.

Please see the Information Circular for details, including Transition Rules, and visit our website to find updated sales aides and marketing materials:.

New premiums rates for CIPP 75 with ROPS/M

Also effective April 16, 2020, we will be increasing premium rates for CIPP 75 with Return of Premium on Surrender or Maturity Rider (ROPS/M). Rates for other CIPP plans with ROPS/M will not be changing:

Until June 30, 2020, applications submitted using the Fast & Full Life App earn 10% more FYC vs. Paper! Some applications can be issued in under 2 hours!³