Life Shelter

  • Right for you if:
    You need a whole life insurance policy with the option of a cash surrender value.

  • The loss of a family member can be devastating. With Life Shelter you can protect your family from financial hardship in the event of your death.

    What is Life Shelter? Life Shelter is a whole life insurance policy that can assist with the costs of your funeral expenses while providing the option of a cash surrender value. Under this policy, you are eligible for 3 Basic insurance benefits in addition to the cash surrender value. Coverages include:

  • Death Benefit

  • Terminal Illness Benefit

  • Accidental Death Benefit

  • Who is Eligible?
  • All Jamaican residents between the ages 40-70 years.

  • No medical examination required

  • No health questionnaire required

  • Benefits:
  • Affordable fixed premiums 

  • Premiums can be paid monthly or annually

  • Full selection of coverage Amounts available for the customer ranging from
    J$ 500,000 - J$ 2,000,000 (up to age 60), J$ 500,000 - J$ 1,000,000 (from age 61 – 65) and J$ 500,000 (from 66 – 70). 

  • A cash surrender value
    Customers can opt to surrender their policies for a cash value on the Policy Anniversary following the the Life Insured's 85th birthday. The cash value is guaranteed to grow each year.

    See the policy provisions for additional exclusions and limitations.
    Call your Insurance Advisor for a free sales quotation today!

    Take the next step

    Phone

    Prefer to talk to us?
    Monday - Friday

    1-888-GO-SJLIC (467-5542)
    Online

    Email us at
    sjlic.service@scotiabank.com