Simplified Issue Archives
No Medical Life Insurance: Comparing the Top Companies
April 16th, 2013 · 4 Comments · Assumption Life, Canada Protection Plan, Featured, Industrial Alliance, No Medical Life Insurance Companies, No Medical Life Insurance Tips
Just breathe. You have options — lots of options. Photo by Chintermeyer Three of the top no-medical life insurance providers in Canada are Canada Protection Plan (underwritten by Foresters Life Insurance Company), Assumption Life, and Industrial Alliance. Canada Protection Plan sells policies both directly to the consumer and through its independent broker network. The pricing on [...]
Tags:broker network·direct·Golden Protection Plan·Golden Protection Plan Plus·health questions·return of premium plus interest·Simplified Issue·The Alternative·The Prospective
Can I Get Life Insurance After a DUI?
April 15th, 2013 · No Comments · Featured, No Medical Life Insurance Tips
Driving under the influence can have serious insurance implications. Photo by LittleMissSilly About 50,000 Canadians are arrested and charged with a DUI each year. A DUI will definitely have an impact on your ability to obtain a traditional life insurance policy. Whenever you apply for life insurance, the carrier examines all health- and lifestyle- related [...]
Tags:alcohol·Driving under the influence·DUI·no medical life insurance·Simplified Issue
Understanding Deferred Death Benefits
March 27th, 2013 · No Comments · Assumption Life, Canada Protection Plan, Featured, No Medical Life Insurance Companies, No Medical Life Insurance Tips
There are a lot of deferred death benefit options with no medical tests or questions. Photo by Lori Greig A deferred death benefit life insurance policy is one which limits the payout for the first few policy years on non-accidental deaths. Usually, the deferment period is two years, although some plans extend the deferral period [...]
Tags:Assumption Life·Canada Protection Plan·deferred death benefit·Deferred Life·Golden Protection Plan·Guaranteed Issue·non-accidental death·simplified death benefit·Simplified Issue
No Medical Whole Life Insurance
March 26th, 2013 · 2 Comments · Canada Protection Plan, Featured, No Medical Life Insurance Companies, No Medical Life Insurance News
No medical tests necessary for CPP’s Whole Life Policies. Photo by blakespot Canada Protection Plan offers four separate no medical whole life Insurance plans. The policies are all underwritten by Foresters Life Insurance Company. The first two policies are available on a deferred basis, meaning the death benefit is limited in the initial policy years, [...]
Tags:Acceptance Life·Canada Protection Plan·Deferred Life·Guaranteed Issue·no medical life insurance·Simplified Issue
No Medical Life Insurance: Smokers vs. Non-Smokers
February 26th, 2013 · 1 Comment · Assumption Life, Canada Protection Plan, Featured, No Medical Life Insurance Companies
There’s a significant cost difference between smokers and non-smokers. Photo by See Ming Lee When most people hear the words ”No Medical Life Insurance” they often assume that there are never any health questions required to qualify on any policy branded that way. In actual fact, No Medical Life Insurance policies can be broken down [...]
Tags:Assumption Life·Canada Protection Plan·Guaranteed Issue·non-smokers·Simplified Issue·smokers
Why Buy No Medical Life Insurance from a Broker
February 5th, 2013 · No Comments · Featured, No Medical Life Insurance Tips
Buy No Medical Life Insurance from a Broker. Photo by Ian Muttoo We’ve all seen the advertisements on TV, or on the radio, life insurance without a medical test and no health questions. It all seems pretty straightforward and easy, but not so fast. No medical life insurance can be really broken down into [...]
Tags:brokers·Guaranteed Issue·health questions·no medical life insurance·no medical tests·Simplified Issue
Smoking and Life Insurance: Points to Consider
January 20th, 2013 · No Comments · Featured, No Medical Life Insurance Companies, No Medical Life Insurance Tips
We parse out the difference between smoking and non-smoking rates. Photo by Beautiful Insanity Photography Most insurance companies require an applicant to be tobacco free for 12 months before they qualify for non-smoker rates. To qualify for preferred rates, (which are further discounted rates given to applicants in very good health with very good family [...]
Tags:20-Pay Wholw Life Coverage·cigar smokers·Guaranteed Issue·non-smokers·pipe smokers·Simplified Issue·simplified issue life insurance·smokers
Cocaine Use and Life Insurance
December 22nd, 2012 · No Comments · Assumption Life, Canada Protection Plan, Featured, No Medical Life Insurance Companies
Cocaine is the second most prevalent illicit drug used in Canada by people 15 and over. Cocaine and crack are the second most prevalent illicit drug, behind cannabis, used by Canadians 15 and older, according to the RCMP’s Canadian Addiction Survey. Unfortunately, applicants who have a history of past drug use, including hard drugs [...]
Tags:Assumption Life·Canada Protection Plan·Cannabis·Cocaine·CPP·higher premiums·rated policy·Simplified Issue·simplified issue life insurance
Simplified Issue Life Insurance from BMO Insurance
May 30th, 2012 · 2 Comments · Featured, No Medical Life Insurance News
Relax, there’s no medical tests for simplified issue policies Photo by shawnzrossi There is a simplified issue life insurance policy available from BMO Insurance, which is sold direct via their website and call centre. It is not available through a broker network. The policy is called the Easy One and is available to applicants ages [...]
Life Insurance Facts for Simplified Issue Policies
April 26th, 2012 · 2 Comments · Featured, No Medical Life Insurance Tips
No doctors to see with simplified issue. Photo by Montage Communications One of the most trying things about obtaining life insurance are the medical tests involved. Simplified issue policies have no medical tests and only a few health questions.The number of questions depends on the company and plan. The following are some additional simplified issued [...]
Tags:few medocal questions·no medical life insurance·no medical tests·Simplified Issue
You Can Still Get Life Insurance with an Illness
February 16th, 2012 · 2 Comments · Featured, No Medical Life Insurance Tips
An illness doesn’t necessarily restrict you from life insurance. Photo by Divine in the Daily An illness doesn’t necessarily prevent you from qualifying for life insurance because, the bottom line is, life insurance policies generally come in two formats: Traditional life insurance policies, which include a medical test and anywhere from 25 to 30 health [...]
Tags:Guaranteed Issue·illness·life insurance·Non-Medical·Simplified Issue
Guaranteed Issue Life Insurance: Who is it For?
February 6th, 2012 · 3 Comments · Featured, No Medical Life Insurance Tips
Guaranteed Issue life insurance always seems like the most no fuss insurance choice for those who hear about it for the first time.
Tags:Guaranteed Issue·Non-Medical·non-medical life insurance·Simplified Issue
Whole Life Insurance for Seniors
August 31st, 2010 · 2 Comments · No Medical Life Insurance News, No Medical Life Insurance Tips
Photo by Craig Cloutier If you’re a senior looking for life insurance, Whole Life policies can generally be broken down into three distinct categories: 1. Traditional Whole Life policies – These ask a series of health questions and require a medical test. 2. Simplified Issue Whole Life policies – These ask a shorter number of [...]
Tags:Guaranteed Issue·insurance·life insurance·No Medical·old people·premium·senior citizens·seniors·Simplified Issue
Life Insurance for People with HIV or AIDS
August 25th, 2010 · No Comments · No Medical Life Insurance News, No Medical Life Insurance Tips
Photo by Sara Petagna As of 2005, there were 58,000 Canadians living with HIV/AIDS. Yet, the life insurance market has traditionally been closed to those with immune system deficiencies. However, non-medical life insurance coverage for people living with diseases like AIDS is available from many guaranteed issue and simplified life insurance providers. Why have the [...]
