10 No Medical Life Insurance Myths—Debunked and Clarified What is No Medical Life Insurance? No medical life insurance is a type of policy that eliminates the need for medical exams. In some cases, it even skips the medical questionnaire altogether.…
A Saltykov
Posted in COVID-19 and No Medical Life Insurance, Life Insurance, No Medical Insurance, Seniors Insurance
Life Insurance during and after the pandemic Life insurance has always been a part of life for many Canadians, either in the form of an individual life insurance policy, a group life insurance policy, or as mortgage life insurance. The…
No Medical Life Insurance
Posted in COVID-19 and No Medical Life Insurance, Guaranteed Insurance, No Medical Insurance, Seniors Insurance, Simplified Insurance, Traditional Insurance
The latest COVID-19 developments The coronavirus (COVID-19) pandemic continues to spread around the world at an alarming rate. In April, the virus had infected more than 2 million people and caused over 170,000 deaths worldwide. During April, Canada experienced more…
No Medical Life Insurance
Posted in COVID-19 and No Medical Life Insurance, Guaranteed Insurance, No Medical Insurance, Seniors Insurance, Simplified Insurance
The COVID-19 Pandemic in Canada The Coronavirus (COVID-19) pandemic continues to spread around the world with over 1,350,000 people infected and more than 75,000 deaths to date. Canada is affected with over 17,000 cases and nearly 325 deaths as of April…
nerissa
Posted in Guaranteed Insurance, No Medical Insurance, Seniors Insurance, Simplified Insurance, Traditional Insurance
The term “no medical life insurance” has been floating around for some time now. Many are aware that it exists but are not sure of what it comprises. Today we will break down the ins and out of no medical…
You know that protecting your family with life insurance is a smart move, but what if you have a career that makes underwriters view you as risky to insure? Some of the most rewarding careers are the riskiest, but there…
A Saltykov
Posted in Guaranteed Insurance, No Medical Insurance, Seniors Insurance, Simplified Insurance, Traditional Insurance
When insurers sell a policy, they always assess risks associated with that policy. Those with lower risks (e.g. younger person, no bad habits, no health pre-conditions) get life insurance rates that are typically lower than those with a history of…
A Saltykov
Posted in Burial Insurance, Critical Illness insurance, Disability Insurance, Funeral Insurance, Guaranteed Insurance, Insurers, No Medical Insurance, Seniors Insurance, Simplified Insurance, Traditional Insurance
The variety of life insurance companies in Canada is not what it appears to be in the Canadian market. From a consumer perspective, there are nearly 50 life and health insurance providers, but the reality is a bit different… (scroll…
Dmitry Mityagin
Posted in Guaranteed Insurance, No Medical Insurance, Simplified Insurance
Most of the articles about insurance myths talk about typical car insurance legends, such as higher insurance for red cars. Barely anybody focuses on the misinformation about no medical life insurance! Before we start, here’s a quick recap. No medical…
A Saltykov
Posted in Guaranteed Insurance, No Medical Insurance, Seniors Insurance, Simplified Insurance
No medical life insurance is viable life insurance option for those who either cannot qualify for standard insurance or those who prefer to skip the medical exam, which is an inescapable part of any traditional life insurance assessment. No medical…
