In a world with many choices, yet little time, life insurance is just another thing to throw in the mix. To make it easier for you, Canada Protection Plan provides very simple options that are easy to qualify for. No doctor reports, nurse visits or medical underwriting is required, just answer a few simple questions and you could have coverage within a few days. At Canada Protection Plan we have various plans to accommodate your budget and cover your needs.
Acceptance Life
Coverage is available from $2,500 – $50,000. In order to qualify two simple questions are asked . Premium doesn’t change for the life of the policy.
Non-Medical Whole Life
Whole life insurance plans (also known as permanent plans) are lifetime plans available. Coverage amounts range from $1,000 up to $100,000, depending upon the plan. Standard benefits include an advance on benefits in the case of terminal illness, and the option to cash in your policy after a set period of time. Premiums are guaranteed for life.
Non-Medical Term Life
Term life plans are plans covering a shorter period of time than whole life plans, with the option to renew the “term” at various set dates. At Canada Protection Plan the term products offered are for a 10 year term, 20 year term and a term to 100.
Coverage amounts range from $25,000 to $200,000, depending on the plan.
Options Available:
Depending on the plan, Canada Protection Plan offers a wide range of options including but not limited to:
- Accidental Death Rider ( 5 times the benefit can be paid out);
- Child Term Rider (insure your children for up to $5,000 if they are under the age of 18);
- Hospital Cash Benefit (receive a daily cash benefit if client is hospitalized);
Call Canada Protection Plan at 1-877-851-9090 today to see which plan will best suit your needs or speak to your financial advisor.