No medical tests to qualify for any of these policies.
BMO Insurance offers a simplified issue life insurance policy which is sold direct via their website and call centre. It is not available through a broker network.
The policy is called the Easy One and is available to applicants ages 50 to 80. It comes in face amounts of up to $25,000. The plan provides lifetime protection and a discount for non-smokers. The policy also allows the insured access to a 24-hour professional counseling hot-line, as well as elder care support.
The pricing on the policy for a male, age 63, who is also a non-smoker would be as follows:
$5,000 of coverage: $38.25 a month,
$10,000 of coverage is $56.75 a month,
$20,000 of coverage is $93.75 a month.
Competing insurance companies have their own simplified issue plans to match up against the Easy One:
For more details on these, or other, Simplified Issue No Medical Life Insurance policies in Canada please contact us at 1-866-899-4849. Also, feel free to visit our No Medical Life Insurance Quote Page.
We found our meeting with Aman Kapur from LSM Insurance to be very informative. Aman helped us in clarifying all our doubts and in answering all our questions about life insurance.
We were presented with several options and one of the options of a multi-layered term policy appeared perfect for us. We were very glad to have even received a rate reduction upon policy approval as opposed to what was initially quoted. We feel strongly that we would refer Aman Kapur's services to people who we know is looking for life and health insurance.
Can Add a Simplified Issue rider to my existing Term 10 policy
LSM Insurance
Hi Olivia, The BMO Insurance Simplified Issue Easy one policy – assuming this is the plan you are referring to is sold direct by BMO Insurance and is available as a stand alone plan.
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Can Add a Simplified Issue rider to my existing Term 10 policy
Hi Olivia, The BMO Insurance Simplified Issue Easy one policy – assuming this is the plan you are referring to is sold direct by BMO Insurance and is available as a stand alone plan.