Non-Medical Life Insurance Consumer Report | Life Insurance Canada

medical insurance plans

Non-Medical Life Insurance Consumer Report

Non-medical life insurance plans can be purchased instantly, without medical exams. No doctors or nurses will need to visit. You just need to answer yes or no to a series of questions. Traditionally, only a limited number of companies offered these types of plans in Canada, but competition is heating up among insurance providers.

Assumption Life

Golden Protection

Pros:

• Coverage starts from day one


• Built Paid up and guaranteed cash values


• Insures applicants up to age 85


• Multi-life discount


• Very well priced among non-smokers over 50


• Accidental fracture option

Cons:

• Maximum issue $50,000

(E.g. $25,000, 55, female, non-smoker @ $65.57 a month)

Total Protection

Pros... http://life-insurance.ucoz.com/news/medical_insurance_plans/2013-05-23-2484