May 23, 2023

What is no medical life insurance in Canada?

No medical life insurance in Canada is a type of life insurance policy that doesn't require a medical exam or extensive health questions. This option is perfect for those who might have pre-existing conditions or are uncomfortable with traditional medical exams. The application process is quicker and offers instant coverage for eligible individuals. However, it's important to note that no medical life insurance policies tend to have higher premiums and limited coverage compared to traditional policies. Overall, it's an accessible and convenient alternative for those seeking life insurance without the hassle of medical examinations.