Unity Life adds whole life insurance and deferred annuity

    Advantage Series and Annuity Plus from Foresters offer guaranteed options

    MISSISSAUGA, ON, Nov. 3 /CNW/ - Unity Life of Canada, a Foresters
company, added Advantage Series Whole Life and Annuity Plus deferred annuity,
both from Foresters(TM), to its product line today. Both products provide
financial security and complement Unity Life's existing competitive term and
permanent products. Unity Life insurance products are available to Canadians
nationwide through its extensive brokerage distribution network.
    "Consumers are looking to protect their financial security in these
unstable times," said Rob Baboth, Unity Life's Vice President, Sales and
Marketing. "That's why Unity Life has introduced Advantage Series Whole Life
and Annuity Plus deferred annuity. We are certain these products offer the
flexibility and many guaranteed features that Canadians are looking for when
planning for their future."
    Advantage Series offers four different coverage choices, each with a
different premium level, cash values and coverage blend. Annuity Plus offers
options of registered and non-registered savings plans, choice of guaranteed
interest rates and frequency of contribution. Both products are underwritten
by Foresters, an organization with a history of financial strength. In
addition, certificateholders covered under these products may be eligible to
access complimentary member benefits from Foresters. These include life,
health and education benefits beyond life insurance as well as opportunities
to develop personal skills, attend family events and volunteer in the
community.

    About Unity Life

    Unity Life of Canada is a Canadian incorporated life insurance company,
which provides financial security to Canadians through innovative life
insurance products and services. The company originated in 1898 as the
Insurance Department of the Subsidiary High Court of the Ancient Order of
Foresters. Incorporated as a mutual company in 1934, it changed its name to
Toronto Mutual Life Insurance Company. In 2002, it amalgamated with its
subsidiary, The Western Life Assurance Company, and became Unity Life of
Canada. On April 2, 2008, Unity Life was converted from a mutual life
insurance company to a stock life insurance company owned by Foresters. Based
in Mississauga Ontario, Unity Life currently has more than 192,000 active
policies and certificates, $13.8 billion of insurance in force, and $562
million in assets (all figures in Canadian dollars as at December 31, 2007).
Unity Life has been assigned an "A-" (Excellent) rating by A.M. Best Company(*).
Unity Life's Web address is www.unitylife.ca.

    About Foresters

    Founded in 1874 as a fraternal benefit society, Foresters(TM) helps
individuals and families achieve financial security with its innovative
portfolio of life insurance products and annuities. Foresters has assets of
more than $5.4 billion with liabilities of $4.0 billion resulting in a surplus
of $1.4 billion (all figures in Canadian dollars as of December 31, 2007) and
maintains an "A" (Excellent) rating by A.M. Best(*). Foresters shares its
financial strength with its members, who are customers, through complimentary
life, health and education benefits that help its more than 735,000 eligible
members and their families in Canada, the United States and the United
Kingdom. Foresters provides opportunities that inspire its members to make a
difference in their communities. Foresters Equity Services, Inc.(xx) is a
wholly owned subsidiary of Foresters that offers investment products in the
United States. For more information, please visit www.foresters.com.

    Foresters(TM) is a trademark of The Independent Order of Foresters, a
fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9.

    (*) An "A" (Excellent) rating is assigned to companies that have a strong
    ability to meet their ongoing obligations to policyholders and have,
    on balance, excellent balance sheet strength, operating performance
    and business profile when compared to the standards established by A.M.
    Best Company. In assigning Foresters rating, A.M. Best stated that
    Foresters rating outlook is "stable", which means it is unlikely to
    change in the near future, assuming Foresters financial strength is
    maintained and operations grow. A.M. Best assigns ratings from A++ to F,
    A++ being superior ratings and A and A- being excellent ratings.

    (xx) Investments offered through Foresters Equity Services, Inc. Member
    FINRA, SIPC, 6640 Lusk Blvd., Suite A-202, San Diego, CA 92121. T. 858
    550 4844, a wholly-owned subsidiary of The Independent Order of
    Foresters.

    Editor's note: Advantage Series Whole Life Fact Sheet click here:
    http://www.foresters.com/newsroom/Advantage_Fact_Sheet_final.pdf
    Annuity Plus Deferred Annuity Fact Sheet click here:
    http://www.foresters.com/newsroom/Annuity_Plus_Fact_Sheet_final.pdf

For further information: For media queries, please contact: Unity Life
of Canada, a Foresters company, Irene Shimoda, Director, Public Relations,
Direct: (416) 429-3000 (Ext. 4651), Toll-free (North America) (877) 664-6602,
Email: ishimoda@foresters.com