Guaranteed Issue Life Insurance

Guaranteed Issue Life Insurance is a life insurance policy that guarantees you cannot be declined coverage for any reason. There are no medical exams or health questions to qualify for Guaranteed Issue Life Insurance, making it an ideal solution for individuals who can’t get coverage any other way.

How much coverage can I get?

The amount of coverage varies depending on the plan, but most guaranteed insurance products offer coverage up to $25,000 with no medical exam or health questions.

Who is eligible?

Citizenship status: A Canadian citizen or permanent resident as well as landed immigrant who has been in Canada for more than 1 year.

Age: 45 to 80

Key Benefits of this plan:

• Perfect for individuals who need life insurance but have health issues that would disqualify them.
• Full benefits payable after two years, with a refund of premiums before that time.
• Preferred rates for non-smokers.
• Quick-issuing. Some plans can start the day you apply for them, with little to no wait times.