No Medical Term Immediate

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The Term Insurance Plan for Healthy People

If you are healthy and looking for a plan to cover you in case of a terminal illness and also offer you oodles of benefits, no medical term immediate insurance is the perfect insurance plan for you, it is designed to meet your needs. This is the perfect solution for healthy people who want a non-medical life insurance without the need for an exam. Depending on your insurance needs, you can choose between the 10 or the 20-year term. In addition, this plan is easily renewable and convertible to a permanent whole life insurance and you don’t even need to re-qualify for insurance to do that. No medical term immediate insurance is basically designed for individuals between the ages of 20 and 70 and it also offers transportation benefit, 200km attracts a transportation benefit up to $2,000.

Top Features Overview

Assumption’s no medical term immediate insurance provides a coverage ranging from $50,000 to $250,000. In addition, you will get instant approval when you apply online with LIA. Further, the premium and coverage will remain the same throughout the duration of the term you selected.

  • No Medical term immediate insurance is designed for Canadians between 20 and 70 (both inclusive).
  • No medical exam or blood test is required to apply for this plan.
  • You can easily renew the plan and the plan can also be easily converted to a permanent whole life policy. You don’t even need to re-qualify for insurance to apply.
  • Depending on your insurance needs, you can choose between 10 or 20 years of coverage.
  • The plan does not require an attending physician statement (APS).
  • The coverage for this plan ranges from $50,000 to $250,000.
  • If you apply online with LIA, you will get instant approval.
  • The living benefit of this plan is 50% of the insured amount. This benefit is paid in the event of a terminal illness.
  • The plan also provides transportation benefit up to $2,000 for 200km.
  • The premiums for this plan will never change for the duration of the term you selected.

 

 

Additional resources

Learn more about other life insurance options from these informative articles.

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

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