Life Guaranteed Burial Expense Life Insurance Policy

Posted on September 12, 2011 and updated March 21, 2018 in Canadian Life Insurance Companies, Insurance Types, Life Insurance Canada News, Non-medical 1 min read

Gerber Life offers a burial expense life insurance policy to potentially insured individuals age 50 or older, up to age 75. 

In addition, the policy can offer face amounts of $3,000, $5,000, $7,000, or $10,000 in coverage. Thankfully, there are no health questions and no medical tests, and the plan has a built-in guaranteed cash value.

The death benefit, in the first two policy years, for non-accidental death is limited to a return-of-premium plus 10% interest. If the insured dies by non-accidental death, the policy pays out in full.

For more details on non-medical Life Insurance in Canada, please contact us at 1-866-899-4849 or visit our Non-medical Life Insurance Quote Page