Had problems getting insured in the past? You still have options.
Excelsior, our Guaranteed issue life insurance is on your side when your options are limited. If you’ve been declined life insurance in the past for whatever reason, or if your current state of health would disqualify you from coverage – Excelsior can still help you.
This is a type of life insurance where your acceptance is guaranteed as long as you meet the requirements. And instead of a long application and a lengthy wait time, you just need to fill out some information about yourself and you can get covered today.
Here are some important things you need to know about Excelsior Guaranteed Issue life insurance:
If you're a Canadian citizen or permanent resident (for at least 6 months) aged between 18 and 80, congratulations—you automatically qualify, and there's no need for a medical exam at any point.
This insurance is in force for life. It never needs to be renewed, the premiums never increase, and coverage never ceases as long as premiums are paid.
Typically, full coverage begins after four years of owning the policy. If you pass away within the first two years of the policy being in force, your beneficiaries will receive a refund of all premiums paid. In the third year, they will receive 50% of the sum insured in the event of your death.
The benefits from this insurance are paid tax-free to your chosen beneficiaries, to be used however they wish.
With no medical exams, Excelsior gives you a unique opportunity to take control of your future and provide your family with the protection they deserve. Even if you've been declined coverage before, we can help you find the right plan. Complete a quote form today and discover the perfect solution for you!
