A burial expense life insurance policy is being offered by Gerber Life to potentially insured individuals age 50 or older up to age 75.
In addition, the policy can offer face amounts of $3,000, $5,000, $7,000 or $10,000 in coverage. Thankfully, there are no health questions and no medical tests and the plan has a built-in guaranteed cash value.
The death benefit, in the first two policy years, for non-accidental death is limited to a return-of-premium, plus 10% interest. If the insured dies by non-accidental death, the policy pays out in full.
For more details on Non-medical Life Insurance in Canada, please contact us at 1-866-899-4849 or visit our Non-medical Life Insurance Quote Page.