Life Insurance for Seniors

In Canada, seniors have several options for life insurance tailored to their needs. 

One such option is term life insurance, offering coverage for a specific period, typically up to age 80 or 85, with premiums based on age and health. 

Another option is permanent life insurance, which provides lifelong coverage and often includes a cash value component that can be accessed during the policyholder's lifetime. 

Additionally, there are guaranteed issue life insurance policies available for seniors, which do not require a medical exam or health questionnaire, making them accessible to those with pre-existing conditions. These options empower seniors to secure financial protection for their loved ones and manage end-of-life expenses, ensuring peace of mind in their later years.

 Final expense life insurance, also known as burial insurance or funeral insurance, is a type of whole life insurance designed to cover end-of-life expenses such as funeral costs, medical bills, and outstanding debts, offering seniors and their families financial peace of mind during a challenging time. 

Life Insurance options for seniors:

No medical coverage  - Get insured without the need for a medical exam. All you need to get covered is just to answer a few "Yes or No" health questions.

Guaranteed Insurance that you cannot be denied for under any circumstances. No medical exam or health questions needed. A great solution for planning for your final affairs.