Roughly 4% of life insurance applications are declined every year in Canada, which represents 32,000 applications and $8 billion in premiums. Lifestyle issues or medical history make up 80% of the reason why applications get rejected. So if you find…
Many insurance buyers don’t understand the meaning of no medical exam life insurance. They assume that since there are no medical tests anyone can qualify, which isn’t necessarily the case. Unfortunately, only some no medical plans have this perk. This…
