Express Plan: Guaranteed Issue Life Insurance

Express Plan: Guaranteed Issue Life Insurance logo

Get on the Fast Track to Life Insurance

Blue Cross's Guaranteed Issue Life Insurance with Express Features An old saying states that death and taxes are life’s only guarantees. But that’s not always the case. There are some instances where other guarantees come into play, such as with life insurance policies. Usually, when you apply for life insurance coverage, the provider will only approve you if you pass a medical exam or complete a questionnaire that chronicles your medical history. This not only complicates the process, but it may make it undesirable and even discouraging for some to apply for life insurance coverage. But there is a solution. Blue Cross’s Express Plan offers guaranteed life insurance coverage with minimal registration requirements. There is no medical exam or questionnaire required for this policy, and best of all, the benefits you receive are designed to assist your dependents with final expense costs.

Benefits and Features

Blue Cross’s Express Plan is a great choice for those who are concerned about their current state health and any potential issues their condition may cause in the future. The policy also ensures that your dependents will have the funds in place to manage your final expenses when you pass away.

The plan allows you to select up to $20,000 worth of insurance. The amount of coverage you receive varies based on your age, as shown in the table below.

  • 40 to 64 years old - Coverage range from $2,000 to $20,000
  • 65 to 70 years old - Coverage range from $2,000 to $6,000
  • 71 to 79 years old -Up to $2,000 coverage

What are the eligibility requirements?

In order to be eligible for the benefits of the Blue Cross guaranteed issue plan, you must:

  • Not be disabled in any way
  • Not have been diagnosed with breast cancer
  • Not be hospitalized or waiting to be hospitalized
  • Not have or have been diagnosed with pre-AIDS or AIDS
  • Complete the Declarations section of the application form
  • Be a beneficiary according to your province’s legislation for health and hospital insurance
  • Not have been diagnosed or treated for any other form of cancer within the past five years

What are the limitations?

The Blue Cross guaranteed issue plan has a number of limitations based on certain situations:

  • Reimbursement of premiums for death benefits will only apply if the death occurs within the first six months after the signing of the insurance contract
  • If the insured individual succumbs to heart disease between the 12th and 24th month of coverage or reinstatement of coverage, the amount insured is restricted to 50% of the pre-determined amount of insurance (no less than $2,000)
  • If the insured individual commits or attempts to commit suicide within the first 24 months after the effective date of the coverage benefit, the coverage will become null and void. This applies whether or not the insured individual is in a sound state of mind at the time he or she commits suicide



Additional resources

Learn more about your 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.

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