Talk to our Licensed Insurance and Investment Agent
Talk to our Licensed Insurance and Investment Agent
means life insurance policy available without a medical examination.
It is available on both Term (10,20,25 or 30 years) and Permanent (Whole life Insurance) life insurance policy.
Guaranteed Acceptance Life Insurance: This type of coverage does not require a medical exam but offers permanent insurance solution for maximum face amount of $50,000.
It is generally purchased to cover final expenses by individuals who are not eligible for other insurance plans.
The death benefit is limited to a return of premiums if death occurs by other than accidental means in the first two years.
The full coverage amount is payable if death occurs after two years or death is accidental.
There are a variety of individuals who can benefit from this insurance product. Here are situations when you should consider this insurance:
Whether you are in excellent health or are difficult to insure, our goal is to offer everyone accessible, full-spectrum coverage. We’ll work with you to determine the appropriate coverage to suit your needs, regardless of your age, income, or health history:
Call 1800-666-0483 to speak with our licensed insurance advisors right away or email us at info@vertexinsurance.ca to book an appointment.
No Medical & Simplified Issue Term Life Insurance
Plan that provides life insurance protection for periods of 10, 20, 25, or 30 years. This type of coverage is ideal for situations when you know how long you require the coverage, such as for your mortgage or a child’s education. Both level and decreasing term plans available. All level term plans are renewable and provide coverage to age 80. If you feel you need coverage beyond age 80, all level term plans are convertible to a permanent plan until age 70 regardless of your health at the time of conversion.
Simplified Issue & No Medical Permanent Life Insurance
Guaranteed acceptance life insurance policies approve anyone regardless of their medical history. But there are other no medical life insurance policies that can deny applicants, like simplified issue life insurance.
Even if you’re approved, sometimes no medical policies come with such heavily restricted coverage (lower death benefit amounts) and expensive insurance premiums that they don’t make financial sense for you to take on.
If you choose no medical, evaluate the insurance coverage, insurance premiums, and terms carefully to ensure it covers your family life insurance needs.
When asked if you had to summarize your experience with Vertex Insurance in one word, what would it be and why? Listen, what he has to say!
Young Professional, Modern Work Technical Specialist
90 Eastern Ave, Unit 31 (Old Unit #22) Brampton ON L6W 0B6
Disclaimer : Vertex Insurance and Investments Inc. is an insurance agency licensed to sell life and travel insurance products in Ontario. Our website’s content is tailored towards Canadian residents and visitors coming to Canada. Any variations between the rates mentioned on our website and shown in the specific company’s software, the latter will be considered final. Please see the policy documents for full disclosure of the terms, conditions and exclusions. The logos and the trademarks used on the website are owned by the respective entities.
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