Life insurance is crucial for financial security, but the traditional application process can be daunting. For many Canadians, the thought of undergoing medical tests is stressful, time-consuming, and intrusive. This is especially true for those with pre-existing conditions or health concerns, who may worry about being denied coverage or facing high premiums.
For busy professionals and families, the idea of scheduling and completing medical exams adds another layer of complexity to an already hectic life. Even healthy individuals may find the process unnecessary, preferring a quicker, more straightforward path to securing their financial future.
Beyond convenience, there’s also the emotional aspect. Medical tests can bring up fears about health that some would rather not confront, especially when their primary goal is to ensure peace of mind for their loved ones. In response to these concerns, many Canadians are turning to life insurance options that do not require medical exams.
And many of our Canadian partners are following suit, leveraging predictive analysis to allow for accelerated underwriting when applying for Life Insurance online. Companies like Assumption Life have updated their guidelines to ensure the insurance-buying process is easy & efficient.
– Ages 18 to 45: Coverage up to $2 million
– Ages 46 to 50: Coverage up to $999,999
– Ages 51 to 55: Coverage up to $499,999
– Ages 56 to 60: Coverage up to $300,000
– Ages 61 to 69: Coverage up to $99,999
With these new limits, more Canadians can secure the protection they need without the hassle of medical exams, making it easier to protect what matters most. Call us toll-free to speak with a Licensed Canadian Advisor and learn more about your non-medical options.
