Canada Life My Par GiftTM life insurance is a non-exempt single premium insurance product designed for charitable giving.
This page houses resources you can use to better understand My Par Gift and have further conversations with your clients and potential donors.
Description: This video combines stock video, animation and text on screen along with a narrator and music to talk about Canada Life My Par Gift life insurance.
Description: Video opens with a shot of an older and younger person holding hands. The Canada Life logo appears over this shot.
Narrator: Your goal of giving to charity is to make as big an impact as possible.
Description: Opening scene transitions to sliding images of women holding books in a library, then to a child hugging a medical professional in a hospital, then to a solid background. Words “Canada Life My Par Gift” appear on screen while an animated line traces a heart around the words.
Narrator: Canada Life My Par Gift life insurance helps you do that. It’s simple, unique and innovative participating life insurance.
Description: The words “simple, unique and innovative” appear on screen.
Narrator: Backed by the strength and stability of Canada Life, where charitable giving is a cornerstone of our corporate philosophy.
Description: More still photos slide across the screen including a Canada Life employee volunteer building a home, Canada Life employees cutting a ribbon, and Canada Life employees with a big cheque giving to a medical foundation. The solid background returns and the animated line starts tracing across the screen.
Narrator: My Par Gift life insurance lets you make a one-time premium payment donation that provides an immediate tax credit.
Description: The animated line draws a cheque and the words “One-time premium payment donation” appear on screen. The animated line turns into a pen signing the cheque and the words “Immediate tax credit” appear on screen.
Narrator: And that can grow into an even larger donation over the policy’s life.
Description: The animated line draws a hand holding a seedling.
Narrator: It’s also more flexible for the charity who owns and controls the policy.
Description: The animated line becomes a small tree that grows into a larger and larger tree.
Narrator: Make your mark. Donate today and grow your impact tomorrow with My Par Gift life insurance.
Description: The words “Learn more by talking to an advisor” appear on screen.
Narrator: Learn more by talking to an advisor.
Description: Canada Life logo appears along with the words: Canada Life and design are trademarks of The Canada Life Assurance Company. Canadalife.com 1-888-252-1847
Description: This video combines stock video, animation and text on screen along with a narrator and music to talk about Canada Life My Par Gift life insurance.
Description: Video opens with a shot of an older and younger person holding hands. The Canada Life logo appears over this shot.
Narrator: Your goal of giving to charity is to make as big an impact as possible.
Description: Opening scene transitions to sliding images of women holding books in a library, then to a child hugging a medical professional in a hospital, then to a solid background. Words “Canada Life My Par Gift” appear on screen while an animated line traces a heart around the words.
Narrator: Canada Life My Par Gift life insurance helps you do that. It’s simple, unique and innovative participating life insurance.
Description: The words “simple, unique and innovative” appear on screen.
Narrator: Backed by the strength and stability of Canada Life, where charitable giving is a cornerstone of our corporate philosophy.
Description: More still photos slide across the screen including a Canada Life employee volunteer building a home, Canada Life employees cutting a ribbon, and Canada Life employees with a big cheque giving to a medical foundation. The solid background returns and the animated line starts tracing across the screen.
Narrator: My Par Gift life insurance lets you make a one-time premium payment donation that provides an immediate tax credit.
Description: The animated line draws a cheque and the words “One-time premium payment donation” appear on screen. The animated line turns into a pen signing the cheque and the words “Immediate tax credit” appear on screen.
Narrator: And that can grow into an even larger donation over the policy’s life.
Description: The animated line draws a hand holding a seedling.
Narrator: It’s also more flexible for the charity who owns and controls the policy.
Description: The animated line becomes a small tree that grows into a larger and larger tree.
Narrator: Make your mark. Donate today and grow your impact tomorrow with My Par Gift life insurance.
Description: The words “Learn more by talking to an advisor” appear on screen.
Narrator: Learn more by talking to an advisor.
Description: Canada Life logo appears along with the words: Canada Life and design are trademarks of The Canada Life Assurance Company. Canadalife.com 1-888-252-1847
We listened. Find anti-money laundering (AML) forms specific to My Par Gift to help you submit applications.
- My Par Gift third party information (99-61069)
- My Par Gift questionnaire for registered charities (99-61070)
- Certificate of incumbency (70-0060)
My Par Gift is an innovative, first-of-its-kind, single premium insurance product designed for charitable giving using life insurance.
A single premium payment. The base amount of life insurance is guaranteed to stay in effect for the insured person’s lifetime once the single premium payment is made
Helps the charity grow its legacy through potential dividends. The charity can choose to use the dividends to buy additional insurance coverage, which may further increase the policy’s cash value and payout at death. Or, they can take the annual dividends as cash
Tax advantages for the donor. The single premium payment qualifies as a charitable donation
A registered charity is an organization that is registered as a charity with the Canada Revenue Agency.
Canada Life and design and Canada Life My Par Gift are trademarks of the Canada Life Assurance Company.