Canadians with pre-existing health issues struggling to find affordable life insurance

By December 31, 2019March 23rd, 2021Advisor, Blog
canadians with pre-existing health issues life insurance

The Globe and Mail | The Canadian Press | Published December 29, 2019

Canada Protection Plan fills the void left by traditional insurers by offering affordable coverage that doesn’t require a medical examination.

Like millions of Canadians, Tim Potter is living with a serious medical condition that has made it difficult, if not impossible, to secure meaningful life insurance.

The Halifax father of seven was diagnosed 26 years ago with Type 1 diabetes.

While his wife quickly obtained insurance coverage a decade ago, the stay-at-home dad was denied coverage. It has left him worried about his wife and young family’s welfare when he’s no longer around.

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