Desjardins Financial Services’ Critical Illness Plan Available Without a Medical on Face Amounts $25,000 or Less

nurses
Desjardins’ Critical illness doesn’t
require a medical
for amounts under $25,000.

Desjardins Financial Services’ critical illness plan is available without a medical on face amounts of $25,000 or less.

Thankfully, the company has recently relaxed the underwriting requirements on all their critical illness policies.

Applicants age 0 to 65 can now apply for critical illness insurance coverage without medical tests on face amounts of $25,000 or less. The insured will still need to complete a series of health questions and, depending on the answers, Desjardins may contact the insured’s doctor for additional details.

For more details on critical illness insurance in Canada, please contact us at 1-866-899-4849 or visit our Critical Illness Quotes Page.

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Sal
Sal

$25,000 Will not cut up. Do you sell policies higher than this? Thanks

LSM Insurance
LSM Insurance

Thanks Sal. Yes you can get face amounts above $25,000. There will be a medical tests for amounts above the $25,000 but the coverage is available. Other carriers also offer Simplified Issue Critical policies with higher face amounts.

Lou
Lou

I’, looking for quotes on a $100,000 with Return of Premium.

LSM Insurance
LSM Insurance

Thanks Lou. The premiums will depend on your date of birth, smoking status and the type of plan. We will be in touch by email.

Guiders
Guiders

Does this plan have a second event benefit rider like Canada Life

LSM Insurance
LSM Insurance

No – unfortunately no second event rider is available.

Bing Girl
Bing Girl

How does the return of premium feature work?

LSM Insurance
LSM Insurance

Thanks for the note. The return of premium option on a Critical Illness plan is a rider that you pay for that returns the premium the the policy owner if they have not made a claim at the end of the policy period. e.g. return of premium on a critical illness term to 75 returns the premiums to the applicant if a claim is not made by 75 and premiums have all been paid. It’s incentive to stay healthy and keep your policy inforce.

Quentin
Quentin

How much more will wife have to pay for CI Ins. if she is a diabetic.

I was thinking of $50,000 preferebaly a level premium

LSM Insurance
LSM Insurance

Thanks Quentin. The premiums will depend on her date of birth, smoking status, the type of diabetes, medications, build, stability and other health issue. We will be in touch by email.

Kendrick
Kendrick

How many illnesses are covered with this plan?

LSM Insurance
LSM Insurance

This plan covers 22 critical illnesses and 2 surgical interventions and is the only one of its kind in Canada to protect against serious complications arising from 4 infectious diseases: the West Nile virus, Lyme disease, E. coli infection and necrotizing fasciitis (flesh-eating disease).

Barbara
Barbara

How much would $200,000 of Critical Illness be for me I’m 52 female High Blood Pressure and Cholestrol. and what med tests do I have to do – I hate needles

LSM Insurance
LSM Insurance

Hi Barbara,

Thanks for the note. The premiums depend on the type plan. Most carriers at $200,000 will require blood tests. We will send you a separate email now.

Candice
Candice

Can I still get Critical Illness if I have a history of bipolar depression?

LSM Insurance
LSM Insurance

Thanks for the note. This would depend on your medications and any other health issues. We will sen you a separate email now.

LSM Insurance
LSM Insurance

Hi Lonny,

We will be in touch by email. The rates will depend on the amount of coverage and type of plan. If you are thinking of making a switch make sure your new coverage has comparable features and is approved and inforce before cancelling your existing plan.

LSM Insurance
LSM Insurance

Francisco, Sorry to hear you feel like your getting the run around. The Desjardins will still need to be underwritten and your weight is likely still going to be a hindrance. You may want to consider getting your weight down for a period of one year – most insurance companies want to see a stability period. A smaller Guaranteed Issue premium may be availble in the interim.

Francisco
Francisco

I just lost 50 pounds, my current weight is 295.

Otherwise I’m god. I got declined last years and I wanted to see what is available. It seems like the insurance companies want to cherry pick all their people people. I’m not dying just a bit overweight, can you help me get insurance. No sense going through all the hassle again if I’m just going to get declined. I’m a busy guy

LSM Insurance
LSM Insurance

Thanks. We’re glad you found it helpful.

Rene
Rene

That is a good tip especially to those new to this product.
Brief but very precise information… Appreciate your sharing this.

LSM Insurance
LSM Insurance

Hi Sally,

CI coverage covers a different need than disability insurance. It pays out a lump sum benefit that can cover many out of pocket costs and or treatment outside Canada. Many people use CI as a compliment to disability insurance.

Sally
Sally

Why would by CI coverage, my disability coverage insurance through work covers me already and doesn’t have so manny loopholes!!

LSM Insurance
LSM Insurance

Thanks for the note. This plan is not available without health questions. The Edge offers a NO Medical and No Health Questions plan for CI coverage. The maximum issue is $25,000 – there would be an exclusion for pre-existing conditions.

Paula
Paula

Do you sell a version of this plan with No Medical Questions. If not Who does