Insurance Blog

Here at No Medical Life Insurance, we don’t just provide you with one option for life insurance coverage; we are partnered with several life insurance providers, all of whom have different package options and different areas of interest and specialization. What we do is set you up with the life insurance provider and life insurance coverage that is best suited to you, your lifestyle, your medical history, and your needs. You deserve to not only have comprehensive life insurance coverage, but life insurance coverage that ...
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The majority of life insurance providers, NoMedicalLifeInsurance.ca aside, require their potential policy holder to undergo a minimum of one medical examination prior to being approved for life insurance coverage. This medical examination not only determines the applicant's insurability but also determines which risk bracket the applicant fits into. This can be quite a minefield for those who have problems with their healthcare and need to find a medical policy that suits their situation. If a Medicare service wants to see if the patient they have ...
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So you’ve done your research and you have determined that critical illness insurance is something you need. When purchasing coverage, it can help to know the terminology behind it. Sometimes the slightest change in phrasing can make a great difference when it comes to coverage. No medical critical illness insurance is like any other type of critical illness coverage, there are certain types of no medical insurance (and insurance riders) out there, each with their own meaning and limitations of coverage. Below are listed some ...
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"Coverage denied". It’s something that many people fear hearing when applying for life insurance. That due to a medical condition, or family history that may not be perfect, the insurance company has denied coverage or if they do offer it, it is at a much higher premium or with limitations on coverage. Which is one of the reasons why some people choose to go for no medical life insurance ...
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Most people don’t start thinking about things like life insurance until they get a little older. When you are young, you are focused on having fun and going to school. When you first start working, you are focused on building your career and starting your family. When you have kids, you are focused on your children’s wellbeing. This often leads to a situation where life insurance gets left on the back burner and is not something that you take seriously until you get sick ...
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A recent LIMRA article stated that 75 percent of Canadians would struggle financially if their household’s primary breadwinner were to die. The truth is, this number is likely much higher than that. Aside from the emotional devastation, having a spouse die could be financially devastating for anyone without life insurance ...
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What makes NoMedicalLifeInsurance’s approach different? Well, it is actually the entire package. Whereas ‘regular’ insurance brokers have been taking it upon themselves for many years to spontaneously decide that an extra factor should make it impossible to obtain life insurance coverage, period, these guys focus on finding a solution that works for each individual customer. That includes options for life insurance with no medical tests ...
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For decades, those with pre-existing health conditions, those of advanced years, and those with complicated personal medical histories have been largely excluded from even the possibility of clearly and directly discussing life insurance in Canada. A person falling into any of these categories, upon approaching any insurance services provider, immediately drew raised eyebrows and reluctance to talk business. The usual question was: “How do you expect to pass a medical exam?” Life insurance with no medical tests involved was fiction. Thankfully, it is now reality ...
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Medical tests are part of life Even if you are healthy, medical tests are frequently part of your life. There are certain tests that you will be required to take as way to check for a variety of illnesses and ailments. From the day you are born until you pass, medical test will be part of your life ...
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Who Needs Guaranteed Issue Life Insurance in Canada Investing in a comprehensive life insurance plan could be one of the best things you do for your family. Unfortunately, as life gets busier, it is easy to overlook the need for life insurance. The thing is, no one can predict when their life will end, and the longer a consumer waits, the more difficult it becomes to get life insurance at an affordable rate. However, if a consumer is looking for life insurance and the circumstances ...
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