Wawanesa: Instant Issue Life Insurance

Wawanesa Life has renamed its non-medical life insurance plan: Instant Issue Life Insurance. The plan now provides 5,000.00 to $50,000.00 in face amounts, handed out in Increments of $2,500.00. The non-accidental death benefit is limited to a return of premium plus interest in the first two policy years.

The plan is a simplified-issue plan, rather than a guaranteed-issue plan, so there are no medical tests and no health tests. Wawanesa’s plan only has five qualifying questions:

1. Within the last two years, have you had a stroke, heart attack, or been advised to have heart surgery?

2. Within the last three years, have you consulted a physician for, or received treatment for, cancer?

3. Within the last three years, have you been declined for individual life insurance by Wawanesa Life or any other insurer?

4. Have you been diagnosed, treated for, or had any indication of AIDS, or AIDS-related complications?

5. Are you currently restricted by a wheelchair, bedridden, hospitalized, or confined to a nursing facility requiring full-time care?

If the insured answers "yes" to any of the above questions, coverage is not available.

For more details, you can contact us at 1-866-899-4849, or visit our Non-medical Life Insurance Quote Page.