A Coverage For People With Health Problems
If you have a health problem that prevents you from qualifying for Assumption’s immediate insurance products, you can take advantage of the Assumption’s no medical term – deferred as an alternative. This plan offers the same benefits and guarantee of the immediate insurance product, however, your coverage will be deferred for the first two years of your contract.
Depending on your needs, you can choose either the 10 or the 20 years of coverage. Furthermore, this plan is specifically designed for Canadians between the ages of 20 and 70. Also, just like the immediate plan, this plan does not require any medical exam or blood tests during application and also it does not require attending physician statement (APS).
Overview of the Coverage and Features of Assumption No Medical Term Deferred
Assumption’s No Medical term deferred has a coverage that ranges from $50,000 to $150,000. In addition, you can get instant approval if you apply online with LIA. For the duration of the term you selected, the premium is guaranteed never to change. The plan also offers transportation benefit and living benefit.