Canada Protection Plan Reviews! Find Out if They've Got the Goods!
Ok, So what is the Canada Protection Plan? It sounds like a Government program BUT it’s not!
If you haven’t heard of Canada Protection Plan (CPP) before, you haven’t been watching TV.
CPP insurance is a mid-sized company operating in the Canadian life insurance market. But just because they’re average sized doesn’t mean they don’t punch above their weight.
Canada Protection Plan is the best-known simplified-Issue, no-medical life insurance carrier in the country. If you’re unfamiliar with non-medical or no exam life insurance, read my post here.
So without further adieu, I’m going to take a detailed look at this Canadian life insurance company to help you decide if they’re a good fit for you.
Psst! As an aside, they are NOT to be confused with the Canada Pension Plan!
Breaking News! Canada Protection Plan expands no-medical critical illness insurance offering with four new innovative products, effective April 20th, 2020! See the updated products below…
If You're Considering Canada Protection Plan, Speak to an Independent Life Insurance Agent
…BUT before we go any farther, I want to tell you what I tell everyone who’s thinking about protecting their families or loved ones. Always get the advice of an experienced independent life insurance agent.
Policy Architects Agents know the ins and outs of the market and have in-depth knowledge of the products on offer.
In a nutshell, we’re in the best position to help you find the right policy for the right price.
At Policy Architects we work for you, NOT the insurance company. Our job is to shop the market and connect you with the life insurance carrier that treats you most favourably.
Canada Protection Plan may be the right company for you but then again, they may not be.
A Word or Two About Canada Protection Plan
When CPP insurance entered the market in 1992, it provided just one No Medical Life Insurance product. Now it has a whole range of Simplified and Guaranteed Issue offerings.
These insurance policies are best suited for harder-to-insure individuals, such as the elderly or people who are considered higher risk. They’re also ideal for healthy consumers who are in a hurry and want to secure coverage fast!
If you’ve seen a Canada Protection Plan insurance commercial, you know one of their big markets is simplified-issue term life insurance for senior citizens.
Does Canada Protection Plan Have a Heart of Gold?
Rumour has it, businessman and founder of Canada Protection Plan, David Slabodkin, is a do-gooder! Sources say he has quietly, consistently and generously supported a variety of causes in his community and beyond, for decades.
“Once again, David Slabodkin has demonstrated his unparalleled and unprecedented support for the health and wellbeing of our community,” Ted Smith, chair of the Brock Community Health Centre
Canada Protection Plan Reviews - Financial Ratings
Hey James, great to know the CEO of Canada Protection Plan is a good guy but really, who cares ...the question is, will they be around when it's time for my family to make a claim?
Point taken. Let's take a quick look CPP's financial situation.
Canada Protection Plan insurance is a privately owned corporation based in Toronto.
This business is about 25 years old, which gives it a “newbie” status in life insurance circles. In the last 10 years, CPP has grown substantially and now employs approximately 200 people.
If you’re concerned about this company’s longevity, don’t be!
Canada Protection Plan is underwritten by Foresters Financial, a giant in the North American Insurance Industry.
Rest assured, Foresters has assets over $14 Billion and has been in business for over 140 years. This connection greatly strengthens Canada Protection Plan’s offerings.
The good news doesn’t stop there! CPP is accredited by the Better Business Bureau (BBB) and has an A+ rating.
More importantly, its underwriter, Foresters Canada, maintain an A.M. Best financial strength rating of A (Excellent).
Now we’re talking!
Bottom line, you should sleep well at night knowing that your family is protected with Canada Protection Plan.
Canada Protection Plan Reviews - What Do Customers Think?
Canada Protection plan Insurance is rated 4 Stars out of 5 based on 30 Google reviews. That’s a great rating compared with other insurers!
It’s difficult to know how much weight to give bad reviews. To be perfectly honest, all insurance companies receive them.
It’s human nature. When you’re angry and motivated, you’re more likely to leave a negative review.
When your experience is positive, you’re less likely to write anything at all.
The Better Business Bureau & Glassdoor
The Better Business Bureau currently registers no consumer complaints connected to CPP insurance.
Reviews from employees are average to good. Canada Protection Plan maintains 3.3 stars out of 5 based on 31 reviews on Glassdoor. That’s up from 2.9 a couple of years ago. Looks like they are definitely improving.
So how much stock should you put into Canada Protection Plan reviews?
That’s a great question! It suffices to say reviews shouldn’t be the only factor you use when deciding on a potential insurer. In fact, I would say it’s low on the totem pole because of people’s penchant for grumbling.
Canada Protection Plan Reviews - Products
I really enjoy perusing the products, so here goes!
Canada Protection Plan is known primarily for their simplified-issue, no medical life insurance plans.
…but they also sell:
- Critical Illness
- Health & Dental
- and Travel Insurance
This company uses a lot of different names for their plans which is a little confusing but don’t let that scare you off! Canada Protection Plan coverage options are pretty straightforward! Basically, they offer Term, Whole Life and Critical Illness coverage.
Let’s check our their options now!
Canada Protection Plan - Accelerated Term Life Insurance (NEW PRODUCT!)
CPP Express Elite Term Insurance
Canada Protection Plan’s Express Elite Term is a new policy designed for consumers in excellent health who want term coverage issued fast! This is an accelerated issue product rather than traditional no medical life insurance.
Term life insurance is hands down the best option for most people 90% of the time.
It’s the most affordable coverage for those looking to protect their income and their mortgage and is usually bought in 10, 20 or 30 year periods.
For example, if you have a family with young children, you may want to secure a 20 or 30-year term. This protects your loved ones during their most vulnerable periods.
Over the term of coverage, your monthly cost is guaranteed to never-go-up. When the term ends, your coverage expires. That means if you purchase a 20 year term policy for $80 per month, that cost is locked in for 20 years, guaranteed.
So basically you’re buying life insurance for the window of time that you need it most.
Undoubtedly the application process is quick. It’s typically completed in as little as 15 minutes and a policy issued within 72 hours
But that’s not all, CPP also claims that it has the best rates for simplified issue term life insurance up to $750,000!
NOTE* Eligibility for CPP Express Elite requires you have no health issues whatsoever
Benefits of CPP Express Elite Term Insurance:
- Available as Express Elite Term 20 or Express Elite Term 30
- Designed for healthy individuals with no insurability issues
- Eligible ages 18-60 for Term 20
- Eligible ages 18-50 for Term 30
- Renewable to age 80
- Convertible to age 70
- Child rider option
- Coverage amounts $100,000 – $750,000
CPP - Simplified Issue Term Life Insurance
This is CPP’s original simplified issue term life insurance. It’s for consumers with moderate to serious health issues. This coverage available comes in 10, 20 and 25-year terms with face values up to $500,000.
CPP Simplified Elite Term
- Designed for individuals with moderate to serious health issues
- Eligible ages 18 – 70
- Available as term 10, 20, 25 & 25 year decreasing
- Coverage amounts $25,000 – $500,000
- NO waiting period, coverage starts immediately
- Conversion option – exchangeable for an eligible permanent plan of the same underwriting class without providing medical evidence up to the insured’s 70th birthday
CPP Deferred Elite Term
- Designed for individuals with moderate to serious health issues
- Eligible ages 18 – 70
- Available as term 10, 20, 25 & 25 year decreasing
- Coverage amounts $25,000 – $350,000
- one year waiting period
- Conversion option – exchangeable for an eligible permanent plan of the same underwriting class without providing medical evidence up to the insured’s 70th birthday
CPP - Traditional Term Life Insurance
CPP Preferred Term & Preferred Elite Term
- Designed for healthy individuals with no insurability issues
- Subject to underwriting & may require a medical exam
- Eligible ages 18 – 70
- Available as term 10, 20, 25 & 25 year decreasing
- Coverage amounts $50,000 – $1,000,000
- NO waiting period
- Conversion option – exchangeable for an eligible permanent plan of the same underwriting class without providing medical evidence up to the insured’s 70th birthday
Canada Protection Plan Permanent Life Insurance
CPP Guaranteed Acceptance Life
This is CPP’s guaranteed-issue life insurance product. It’s intended for people with serious insurability issues. So how does it work?
CPP Guaranteed Acceptance Life is only available as a permanent product. There are absolutely no health exams or medical questions required to begin coverage.
I love it because anyone ages 18 – 75 can get this insurance! You can’t be denied!
If you’re newly diagnosed with a life-threatening illness or recently had a heart attack, you’re still eligible.
This is a good safety net for a small amount of debt or final expenses. So what’s the catch? Because you know there is always one or two!
- The maximum amount of protection is limited to $25,000
- There’s a 2-year waiting period. If death happens within the first 2 policy years due to non-accidental means (other than suicide), your beneficiaries will receive a refund of all premiums paid.
- It’s the most expensive coverage, for example, a 65 year old male will pay $216.86 per month for $25,000 of insurance
- Builds up a small amount of Guaranteed cash value over time.
CPP Deferred Life
- Designed for individuals with moderate to serious health issues
- Eligible ages 18 – 80
- Coverage amounts $5,000 – $75,000
- 2 year waiting period
CPP Deferred Elite Life & Deferred Elite T100
- Designed for individuals with moderate health issues
- Eligible ages 18 – 80
- Coverage amounts $5,000 – $350,000
- 2 year waiting period: if death occurs from a non-accidental cause the premiums are paid back in 1st year. 50% of the death benefits paid if death is in 2nd policy year
CPP Simplified Elite Life & Simplified Elite T100
- Designed for healthy individuals with few insurability issues
- Eligible ages 18 – 80
- Coverage amounts $5,000 – $500,000
- NO waiting period
CPP Preferred Life, Preferred Elite Life & T100
- Designed for healthy individuals with no insurability issues
- Subject to underwriting & may require a medical exam
- Eligible ages 18 – 80
- Coverage amounts $50,000 – $1,000,000
Canada Protection Plan No-Medical Critical Illness Insurance
CPP or Plan De Protection Du Canada as it’s known in Quebec, announced the introduction of four new no-medical critical illness insurance plans, effective April 20th, 2020!
All four of these plans are underwritten by Foresters life insurance company. They require no needles, no fluids and no physical tests to apply.
Did you know heart conditions and cancer represent the vast majority of all critical illness (CI) claims made in Canada? The 8 specific conditions that makeup 90% of all CI claims are:
- Heart attack
- Heart valve replacement or repair
- Aortic surgery
- Stroke
- Coronary artery bypass surgery
- Cancer
- Aplastic Anemia
- Benign brain tumour
More Accessible Coverage
Based on these statistics, Canada Protection Plan has decided to “unbundle” these conditions and make critical illness insurance more accessible and easy to apply for.
This means if you’ve previously been treated for cancer, you may still qualify for CPP’s cardiac coverage. Likewise, someone diagnosed with heart disease or diabetes can now apply for cancer coverage.
Or, you can purchase a plan that could potentially pay out twice: once for cardiac and once for cancer.
The majority of critical illness providers in Canada lump from 4 to 25 conditions in one policy. That means if you’ve suffered from one of these conditions in the past, you may be ineligible to receive protection for any of the remaining conditions.
Canada Protection Plan’s a la carte approach is their way of providing more Canadians with more access to a product that’s becoming increasingly popular. You can choose and pay only for the coverage you need.
What Is Critical Illness Insurance Anyway?
It’s true, we are living longer than ever before and approximately 50% of Canadians develop some form of serious illness in their lifetime.
Fortunately, as a result of advances in health care, many of us survive a critical illness. The question is, will our finances survive?
A critical illness benefit pays out a one-time, tax-free, lump-sum when you develop a serious illness as laid out in the definitions of your policy. You’re free to spend the money in any manner you wish. Whether it be replacing your income, extra medical equipment, or convalescence overseas.
CI has become quite popular as of late – but it’s a complicated product. If you’re trying to decide whether critical illness insurance is a good buy for you, you must read my post here.
Now, let’s check out Canada Protection Plan’s latest offering:
Cardiac Protect CI
- Available as Term to 75
- No exam, nurses or needles
- Covers 5 critical illnesses: Heart Attack, Stroke, Arotic Surgery, Heart Valve Replacement or Repair
- Issue ages 18-65
- Coverage amounts $10,000 – $50,000
- Claim – 1 tax-free payment
- Guaranteed level cost to age 75
- Optional Benefits – Accidental Death rider, Return of Premium upon death
- Premiums guaranteed for 5 years
Cancer Protect CI
- Available as Term to 75
- No exam, nurses or needles
- Covers 3 critical illnesses: Cancer, Aplastic Anemia and Benign Brain Tumour
- Issue ages 18-65
- Coverage amounts $10,000 – $50,000
- Claim – 1 tax-free payment
- Guaranteed level cost to age 75
- Optional Benefits – Accidental Death rider, Return of Premium upon death
- Premiums guaranteed for 5 years
Cardiac AND Cancer Protect CI
- Available as Term to 75
- No exam, nurses or needles
- Covers 8 critical illnesses
- Issue ages 18-65
- Coverage amounts: $10,000 – $50,000 per event
- Claim – 2 tax-free payments
- Reduced Premium after the first claims is paid
- Guaranteed level cost to age 75
- Optional Benefits – Accidental Death rider, Return of Premium upon death
- Premiums guaranteed for 5 years
Cardiac OR Cancer Protect CI
- Available as Term 20 or Term 75
- No exam, nurses or needles
- Covers 8 critical illnesses
- Issue ages 18-55 (term 20), 18-65 (term 75)
- Coverage amounts $10,000 – $100,000
- Claim – 1 tax-free payment (covers 1st event only)
- Guaranteed level cost for 20 years or to age 75
- Optional Benefits – Accidental Death rider, Return of Premium upon death
- Premiums guaranteed for 5 years
Canada Protection Plan Health and Dental Insurance
CPP Health and Dental Insurance
Canada Protection Plan doesn’t really offer their own health or dental insurance.
What am talking about? It’s not uncommon for insurance companies to set up deals with other carriers to offer a wider range of products. This is one of those situations.
CPP insurance offers Manulife’s FlexCare and FollowMe Plans…
…I’ll save that review for another day.
Canada Protection Plan Travel Insurance
Plan Protection Canada Travel Insurance
CPP insurance offers travel coverage through Allianz Global Assistance.
It’s underwritten by CUMIS General Insurance Company, a member of The Co-operators group of companies.
The general rule is that you’ll need to buy emergency medical or evacuation insurance when going out of the U.S., Rick Garlick, a hospitality and travel expert with Magid Associates, tells CNBC Make It. “Insurance is much more necessary on international versus domestic trips, particularly ones you have to plan far in advance,” he says.
4 Times You Can Skip Travel Insurance and 3 Times You Should Buy It, CNBC
Canada Protection Plan Reviews - Underwriting
The majority of Canada Protection Plan products are simplified-issue life insurance policies requiring no physical or medical tests.
This means they have lightening-fast underwriting so your insurance is typically approved in as little as 48 hours!
Cpp insurance also encourages independent advisors selling insurance to speak directly with their underwriters if there are any eligibility questions or concerns.
Canada Protection Plan Regional Vice-President, Sales, Québec Centre, Alain Plante,
Canada Protection Plan Reviews - Application Process
A Canada Protection Plan application requires NO fluids, NO tests, and NO forms.
However, you’re still required to answer about 30 very specific medical questions to qualify.
The farther you make it through the application without answering “yes” to any of the questions, the more affordable your insurance will be.
Oh yes! CPP has a fast, reliable, easy-to-use electronic application process.
Your independent life insurance agent can complete a Canada Protection Plan application with you face-to-face or over the phone. If you do the application non-face-to-face, you’ll be required to execute an electronic signature. This can be done through email on any device you choose.
Creating an Electronic signature is really handy because it allows you to complete a life insurance application from the comfort of your own home without anyone visiting.
The CPP application process is very straightforward for advisors and consumers alike. Not to mention the speedy fast processing time!
Consumers are notified of approval within 48 hours of submitting an application.
One more thing Canada Protection Plan gets right.
Examples of Application Questions
In no particular order, here are some examples of questions you might expect to see on a Canada Protection Plan application:
- Are you currently a resident of a nursing home and are you bedridden or wheelchair-bound?
- Have you been admitted to a hospital for more than 48 hours within the past 30 days?
- Is your weight greater than that indicated for your height in the following build chart?
- Are you 55 or over and with the past two years, have you had treatment or surgery for or been diagnosed with angina, heart attack, coronary disease, heart bypass surgery, angioplasty, stent insertion, stroke or chronic lung disease?
- Do you have diabetes that is treated with insulin and the prescribed dosage has increased within the last six months?
- Within the past three years have you had, been told you have, or been treated for Lung cancer, colon cancer, breast cancer, cervical cancer, uterine cancer, malignant melanoma, leukemia, lymphoma or multiple myeloma?
- Have you lost 10% of your body weight or more within the past 12 months other than due to intentional dieting?
- Within the past year, have you been diagnosed or treated for, or are you currently under investigation for multiple sclerosis?
Hey James - all this is fine but is Canada Protection Plan the right company for Me?
There's only one way to find out! Let's see how they stack up against the competition.
Other No Medical Life Insurance Companies in Canada
Canada Protection Plan is probably the best known no medical life insurance company in Canada. But there are other highly rated carriers who have offerings in this niche as well:
Canada Protection Plan Reviews: Example 1
Sharon is a 65 year old, non-smoking, female with a serious health condition. Fortunately because no one can be denied coverage, she qualifies for CPP’s Guaranteed Acceptance Life. She purchases a $10,000 policy to take care of her funeral costs in the future.
Her monthly premium is $64.59!
So what about the competing life insurance companies? Could Sharon do better?
If she applies to Access Life L100 Guaranteed Access with Industrial Alliance Insurance (IA) her monthly premium will be $74.38.
The CPP premiums save her $9.79 per month or 13%!
What happens if her beneficiary get a payout? Let’s assume for argument’s sake Sharon dies when she’s 75 years old.
Her husband Bernard is paid out $10,000 tax-free to pay for her funeral expenses.
What is the total cost of insurance for each company?
So let’s compare how this works out for her beneficiary! This is how much Sharon contributed over her life to the policy:
- Canada Protection Plan: Sharon’s total cost of insurance over ten years is $7,750 ($64.59 X 120 months).
- Industrial Alliance: Sharon’s total cost of insurance over ten years is $8,925 ($74.38 X 120 months).
Her overall savings if she selects CPP Insurance is:
Now, this is pretty great! Who wants to spend more money than they have to?
What will you do with $1,175 of savings?
NOTE: These policies are very similar but not identical! The Industrial life policy has higher cash surrender and paid-up values than the Canada Protection Plan example. Another reason to call Policy Architects. We have all the deets!
Canada Protection Plan Reviews: Example 2
Here’s another example.
Raj is a healthy 43 year old non-smoking male with Type 2 Diabetes. He qualifies for CPP’s most affordable no medical life insurance, Simplified Elite Life Term…
….but he is also interested in checking out Industrial Alliance rates because he heard they rock.
Raj has a lot of debt, so he is looking for $500,000 of coverage for a 20 year term.
Let’s check out his premiums now!
Oooops! Access Life T20 Immediate Plus maxes out at $300,000 in coverage!
Hmm, that’s just not enough, but because the rates are so good Raj asks us to compare Industrial Alliance rates with CPP to get an idea of how they compare:
Industrial Alliance: Access Life T20 Immediate Plus for $300,000 of coverage over 20 years is $74.79/month
CPP: Simplified Elite Life Term 20 policy with $300,000 of coverage over 20 years is $71.28/month
Taking a Closer Look
As you can see CPP is slightly cheaper than Industrial Alliance. But not only that, CPP Insurance will offer him $500,000 in coverage!
So how much does this cost?
- CPP Simplified Elite Life Term 20 policy with $500,000 of coverage costs $115.20/month
Not too shabby!
Canada Protection Plan insurance comes out on top because their coverage maximum is $200,000 higher than iA’s!
Canada Protection Plan Pros
Canada Protection Plan is a Niche Provider
What's the saying? Do one thing and do it well! Canada Protection Plan's narrow focus means they do a fantastic great job with No Medical Life Insurance!
CPP Insurance Makes the Application Process EASY and FAST!
Hey, your time is valuable! Who wants to wait around, especially when there's no health exam or any forms to fill out.
Your independent advisor completes an electronic application with you in as little as 20 minutes. Heck, you can even do it over the phone!
All Policies Issued Electronically
Canada Protection Plan Insurance has gone all digital. They will deliver your E-policy to you when and where you want it, via any device. Talk about convenience! CPP will also provide you with a hard copy if you request it.
No Fluids, No Paperwork & No Headaches When You Apply for a Canada Protection Plan Policy
I don't know about you, but if I don't have to get a needle or pee in a cup, it's a good day.
CPP Offers High Maximum Coverage Amounts
Within the simplified issue term life insurance niche, Canada Protection Plan has the highest maximum coverage amounts : $25,000 - $750,000
CPP is More Lenient When it Comes to Life Insurance for Diabetics
Can diabetics get life insurance? You Betcha...
....with Canada Protection Plan they can! If you have diabetes and are rated by a traditional carrier you stand an excellent chance of being approved with CPP.
But It Depends on What Type of Diabetes You Have
When applying to traditional carriers, it’s not uncommon to get a rating of 150% or higher if you have type 2 diabetes.
This means you pay more money for your life insurance.
For example, if you’re a 55 year old male applying for $250,000 of Term 20 with Ivari insurance, a 150% rating translates into $223.54 per month.
If you qualify for CPP Simplified Elite Term, you pay $193.05 per month.
That’s roughly a 130% rating and 20% less than what you pay with Ivari or other traditional carriers.
NOTE* If your independent life insurance agent thinks you have a chance at a standard rate, it's always worthwhile applying to traditional carriers. If you are already rated or don't want the hassle of a drawn out application process, CPP insurance is a great alternative.
CPP Offers the Longest Term No-Medical Life Insurance Coverage: 30 Years
Canada Protection Plan offers 30 Year Term Coverage - the longest term offered by any Simplified-Issue Carrier in Canada!
At Canada Protection Plan Quick Approvals Are the Norm
If you want speedy coverage, you've come to the right place! It's not unusual to have your life insurance approved and in force within 48 hours of completing a Canada Protection Plan application.
Widest Range of No Medical Life Insurance Products in Canada
With the addition of their new suite of no medical critical illness products, Canada Protection Plan has cemented itself as the premier carrier in the simplified issue term life insurance market.
Canada Protection Plan Insurance is Affordable
Plan Protection Canada is very economical compared with other Simplified Issue life insurance companies. This is especially true if you're looking for an affordable funeral insurance policy!
Access to Foresters Financial Member Benefits
Because Canada Protection Plan is underwritten by Foresters Canada, their member benefits are available to all policyholders (minimum face amount of $10,000):
- NEW – LawAssure – create custom wills, power of attorneys, and healthcare directives (replaces Legal Link on April 1, 2020)
- Competitive Scholarships – up to $8,000 for children AND grandchildren
- Terminal Illness benefits – up to $250,000 for insured
- Orphan scholarships – up to $24,000 for children
- Orphan benefits – up to $900 monthly for children until age 18
- Everyday money – financial counselling
- Well-being benefits
- Community Grants – up to $2,000 to run your own events
Canada Protection Plan Cons
No Medical Life Insurance Is More Expensive
If you're healthy, Canada Protection Plan's simplified issue term life insurance will be more expensive than medically underwritten coverage from traditional insurers. This is more of a knock against no exam insurance rather than just CPP. This is true for all carriers.
CPP Insurance's Traditional Term Insurance Is More Expensive
CPP insurance's Preferred Life Term insurance (fully underwritten) is more costly than many other traditional carriers term products.
Canada Protection Plan Offers a Limited Selection Of Products
James, you can't have your cake and eat it too!
I know this is a double-edged sword but that's why this icon's coloured orange NOT red!
Yes having a company that does one thing really well is good thing. There's definitely something to be said for specialization.
...and Canada Protection Plan is a GREAT company for that.
Even though I place a strong emphasis on niching down, I also think the range of life insurance products they have is limited. So this is worth mentioning!
Canada Protection Plan Does Not Have a Long History
Even though Canada Protection Plan is underwritten by Foresters Financial, they're still a private corporation that's been in business less than 40 years. As such, it's hard to find solid information from which to gage their financial health...
I am giving this an orange x because Foresters Canada is VERY solid.
Is Canada Protection Plan Right For You?
Well, that’s the question of the day. Does CPP insurance have the right plan for you?
Remember, Canada Protection Plan is synonymous with no medical life insurance in Canada.
This coverage is ideal if you have serious health or insurability issues. Many people overestimate the gravity of their medical condition with respect to life insurance.
BUT In most cases, you’re healthier than you think.
That being said, you should consider Plan Protection Canada if you:
- Have moderate or serious health issues
- Partake in Xtreme sports
- Are in a dangerous occupation
- Are REALLY afraid of needles and fluids
- Have visitor or non-resident status in Canada
- Are looking for a small policy to take care of your final expenses
- Received a Travel Exclusion with your traditional coverage
- Are someone with no health issues that wants life insurance FAST!
Call Us Now We Can Help!
Reach Out To Policy Architects today! We work with the BEST life insurance companies in Canada, including Canada Protection Plan. Let us help you save some serious cash and hassle!
Guaranteed or simplified issue term life insurance should always be your Plan B. Whenever possible, apply for traditionally underwritten coverage first before moving to a no medical life insurance plan. Usually, it’s more affordable.
This is why it’s so important to talk to an independent life insurance agent like Policy Architects. Canada Protection Plan is a great no medical life insurance provider which may or may not be the right choice for you.
Give us a call, we can help!
