Guaranteed Issue Life Insurance

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Term Life Insurance
Term life insurance provides temporary coverage temporary for 5 to 40 years. Pays out a tax free lumpsum when you pass away during the policy term
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Mortgage Insurance
Traditional mortgage insurance pays out a tax free reducing lumpsum amount to the bank if you pass away
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Whole Life Insurance
Whole life insurance provides permanent coverage for your whole life. Pays out a tax free lumpsum when you pass away
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Critical Illness Insurance
Critical illness insurance provides coverage for a fixed time period or to age 75. Then pays out a tax free lumpsum if you develop a critical life threatening illness
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Guaranteed Issue
No medicals required for up to $50,000. Life insurance provides coverage for your whole life
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Disability insurance provides temporary relief from paying your life insurance premiums or pays out a regular income if you become disabled
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No medical life insurance Canada

Agile Financial Services

Nov 22
4 min

No medical life insurance Canada

To avoid any confusion these types of policies are also called: - Guaranteed issue life insurance - Guaranteed acceptance life insurance...

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