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Canadian Tire Life Insurance: Conveinence Comes at a Price

Canadian Tire started offering term life insurance, underwritten by Canada Life, in 2005. In March of 2009, they tweaked the details of the plan and began rolling out a new marketing campaign, complete with TV commercials. On the plus side the plan is available with no medical tests but does have a series of health questions. The convenience of not have to meet with a nurse comes at a steep price. Canadian Tire's term life plan is nearly double the cost of competing Term plans. ...
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