A new non-medical simplified issue term 20 policy comes from Industrial Alliance. This policy offers face amounts from $10,000 to $100,000. The coverage provides level premiums for a 20-year period. There are no medical tests and only four health questions. It should be noted that even though there are only four health questions, these questions do have sub questions within them.
As for the plan's pricing, the following are the rates for both a 50-year-old male and female non-smoker or smoker for $100,000 of Term 20 coverage for the span of a year.
· 50-year-old, female non-smoker – coverage $794
· 50-year-old, female smoker – coverage $1,644
· 50-year-old, male non-smoker – coverage $1,184
· 50-year-old, male smoker – coverage $2,533
For more details on Non-medical Term Life Insurance in Canada, please contact us at 1-866-899-4849 or visit our Non-medical Life Insurance Quote Page.