No Medical Life Insurance Canada Protect your loved ones!
No medical life insurance does not require you to undergo a medical exam. You simply answer some health and lifestyle related questions to qualify.
Car, mortgage, home – these are items in our life that we automatically protect from damage or loss. While most ensure these material things are protected many people still neglect a major element in terms of insurance: life.
No Medical life insurance ensures you have peace of mind in knowing your family will not have to worry about the cost of final expenses should something happen to you.
What Is No Medical Life Insurance In Canada?
No medical life insurance is a type of life insurance policy that you can buy without having to undergo a medical examination. All that is required is to answer some health-related questions. Many people prefer this kind of life insurance because it is easier and less time-consuming to get. So if do not want to visit the doctor, do not enjoy needles and tests or if you have a current health condition which you think may affect your chances of being covered, a no medical life insurance plan may be the perfect choice for you.
No medical exam life insurance is particularly suitable for people who were declined life insurance in the past or may have pre-existing health conditions.
The Benefits of No Medical Life Insurance In Canada
No medical life insurance plans such as those from Medavie Blue Cross, Canada Protection Plan and others, provide coverage where your policy payout is 100% tax-free. Your payout can be used to cover expenses such as funeral costs, medical bills, education, loans, or debts.