Get Your No Medical Life Insurance Quote
Get instant quotes and compare no medical exam life insurance options from top Canadian insurers. Find out how much coverage costs based on your age, health, and needs – with no medical tests required.
Request your no medical life insurance quote – from multiple insurers across Canada
How Much Does No Medical Life Insurance Cost in Canada?
Real Monthly Quote Examples
Premiums for no medical life insurance in Canada vary depending on age, smoking status, and coverage amount. Here are typical monthly costs for two main types of no medical life insurance:
| Coverage | Male, 45 years old, non-smoker | Female, 45 years old, non-smoker |
| Simplified Life Insurance, $10,000 coverage | From $15/month | From $13/month |
| Simplified Life Insurance, $10,000 coverage | From $22/month | From $27/month |
| Simplified Life Insurance, $25,000 coverage | From $35/month | From $31/month |
| Guaranteed Life Insurance, $25,000 coverage | From $48/month | From $35/month |
| Coverage | Male, 55 years old, non-smoker | Female, 55 years old, non-smoker |
| Simplified Life Insurance, $10,000 coverage | From $22/month | From $20/month |
| Guaranteed Life Insurance, $10,000 coverage | From $32/month | From $27/month |
| Simplified Life Insurance, $25,000 coverage | From $52/month | From $46/month |
| Guaranteed Life Insurance, $25,000 coverage | From $78/month | From $62/month |
These sample quotes are based on rates from Canadian insurers such as Manulife, CPP (underwritten by Foresters), Assumption Life, and others. Your actual rate will vary depending on your personal profile and the insurer.
What Affects Your No Medical Life Insurance Quote?
Several key factors determine your premium:
- Age (biggest pricing factor)
- Smoking status
- Health history
- Type of policy (simplified vs guaranteed)
- Coverage amount
- Payment structure (monthly vs annual)
Compare No Medical Life Insurance Options
How do you decide between Simplified and Guaranteed Life Insurance? Here’s a comparison and our recommendations.
Simplified vs Guaranteed Issue Life Insurance
| Type | Medical Exam | Medical Questions | Approval Speed | Cost | Best for |
| 1. Guaranteed Issue Life Insurance | Instant – 24 hours | Higher | Serious conditions | ||
| 2. Simplified Issue Life Insurance | Fast (24-72 hours) | Lower | Moderate health |
Which No Medical Life Insurance Option Is Right for You?
Why Quotes Vary Between Insurance Companies
Not all insurers assess risk the same way.
Even without a medical exam, companies evaluate:
- Prescription history
- Lifestyle risks
- Past diagnoses
This is why comparing quotes is critical – the same person can receive very different rates.
Tips to Get the Best No Medical Life Insurance Quote
Here are several tips on getting better no medical life insurance rates
Speak with a Licensed No Medical Insurance Advisor
Our experienced brokers help you compare no medical life insurance quotes across multiple providers to find the best fit for your situation. They can compare various options from over 20 Canadian insurers.
A broker can help you:
This is particularly important in simplified underwriting, where small details can influence outcomes.
Insurance Companies We Work With
FAQ About No Medical Life Insurance Quotes
Can I get life insurance without a medical exam in Canada?
Yes, no medical life insurance allows you to qualify based on health questions or guaranteed acceptance.
How fast can I get approved?
Approval can be instant or within a few days depending on the policy type.
Is no medical life insurance more expensive?
Yes, premiums are typically higher because insurers take on more risk.
What is the cheapest no medical life insurance option?
Simplified issue policies are usually more affordable than guaranteed issue.