Mortgage Life Insurance
Employee Benefits and Group Insurance
After you have familiarized yourself with the available options, look for perks your employees will need most. Speak with them and give them options to examine and choose from in a multiple-choice questionnaire or analyze their past claims and find well-defined behavioural models. An independent professional may help your endeavour big time and bring plenty of added value to the process.
Life Insurance without Medical Check-ups
Insurers will accept nearly anybody, asking no or just a few health inquiries during the application process. Because this practice exposes insurers to much greater risk, however, the monthly premiums will echo this fact and will be more expensive than with normal plans. Also, the greatest plan amount will be curbed at several thousand dollars, whereas regular policies may range anywhere up to millions of dollars. In addition guaranteed issue and no-medical plans will contain exclusions so that the insurer is protected from abuse of the benevolence. These are all perks you will have to forgo if you cannot qualify for regular life insurance and still wish to be covered to a certain extent.
Learn more about Canadian insurance companies at Lorne's website.