Life Insurance
Protect your family’s financial future with flexible, competitive life insurance options designed by pharmacists, for pharmacists.
OPA provides members with access to life insurance plans from Manulife and Desjardins giving you flexibility, choice, and some of the most competitive rates in the marketplace.
NEW Term 20 Life Insurance
In partnership with Manulife, OPA is pleased to offer the new Term 20 Life Insurance Plan. The Term 20 Plan offers long-term coverage for your loved ones in the event of your passing or terminal illness. OPA members and spouses between age 18 and 70 are eligible to apply.
Enjoy the same guaranteed rates for two full decades while helping secure your family’s financial future. After your initial 20-year term, your policy will renew automatically for another 20 years, or up until age 90, when coverage expires. No new medical questions or exams needed at time of renewal, even if your health has changed.
You will be able to select the amount of coverage that fits your needs, from $50,000 to $2 million.
Competitive Group Rates
Access some of the most competitive pricing available, designed specifically for pharmacy professionals.
Flexible Options
Choose from trusted providers and coverage levels that fit your needs.
Personalized Support
OPA oversees all programs so whether you have questions or need to make a claim, expert help is always available.
OPA’s life insurance options offers some of the most competitive rates in the marketplace. Our team of top-ranking life insurance experts ensure we provide an extremely well-managed, cost-effective plan, which helps our members obtain insurance coverage at the best prices.
When you choose OPA Life Insurance, you are getting a program developed for pharmacists, by pharmacists. Our programs are overseen by OPA, so you receive personalized service from us. If you have questions about your coverage or if you ever need to make a claim, we’re here to help.
Help protect your loved ones with reliable, affordable coverage and guaranteed premiums for 10 years.
Key Features
- Coverage from $25,000 to $2,000,000
- Premiums guaranteed not to increase for 10 years
- Renewable to age 85 with no medical exam at renewal
- Living Benefit included at no extra cost*
- Option to convert to permanent insurance
- 30-day money-back guarantee*
Term 10 Life Insurance provides financial security for your loved ones in the event of your death. Coverage can be used for anything—from final expenses to your children’s education or your spouse’s retirement.
The younger you are when you apply, the lower your rates—making it a smart, cost-effective way to plan ahead.
Flexible coverage designed to support your loved ones and help manage financial obligations during difficult times.
Key Features
- Coverage from $25,000 to $1.5 million
- Available in $5,000 increments
- Designed for pharmacy students, interns, technicians, pharmacists, and spouses (under age 65)
- Includes coverage for volunteer pharmacy work programs
- Offers financial security for family and dependents
This plan allows you to choose the level of protection that best supports your family—helping cover debts, taxes, and other financial responsibilities during a challenging time.
It’s a flexible and accessible option for pharmacy professionals at every stage of their career.