As you know life insurance is important to help your loved ones cope with the financial obligations that arise following an untimely death. You however may find that you are hard to insure or you or someone you know may have recently been declined for life insurance but that does not necessarily mean that you are uninsurable.
There are several alternative coverages that specialize in no medical insurance with many options that will fit your individual needs. By a answering a few simple questions on the application you may qualify for coverage at competitive premiums.
With these guaranteed issue or no medical policies you can get coverage for your temporary (Term Insurance) or long term (Permanent Insurance) needs without medical testing or doctor’s reports.
If you have been declined in the last 2 years you will need to apply for a deferred policy. That means that you will be covered for the term that you selected however if death occurs in the first two years since the issue date you would not qualify.
Life Insurance and segregated fund products and services offered through professionals representing Alliance Financial Group in the provinces of Alberta and Ontario only. Some advisors are dually licenced and may also offer mutual fund products and services through Wealthforce Inc., Mutual Fund Dealer, in the provinces of Alberta, Bristish Columbia and Ontario only.