Non-Medical Life Insurance: Simplified Issue versus Guaranteed Issue

Posted on April 30, 2009 and updated June 22, 2010 in Life Insurance Canada News 1 min read

One of the small annoyances that come with buying a traditional life insurance policy is the required medical form you must fill out, especially since some people cannot qualify for those types of plans, but still want to ensure their family’s financial future.

 

Well, don’t worry because there are plans out there that require no medical exam called Simplified Issue Policies and Guaranteed Issue Policies, but there are a few subtle differences between these two distinct plans, which you should be aware of before you buy. 

(Non-Medical Life Insurance: Simplified Issue versus Guaranteed Issue continued…)

avatar
trackback
Stan

what has a bigger factor on insurance premiums weight or smoking?

trackback
Simply

Can I get a Sim,plified Life plan if I had a stroke?

sharon
sharon

what is the difference in simplified issue vs.
guaranteed issue non medical life insurance