Whether you choose Term or Permanent insurance,
advantages include:
Every policy has a 10-day money-back guarantee.
Every policy has a 30-day grace period for late premium payments.
Some policies have no medical requirement other than answering some simple yes or no health questions.
Our prices are among the lowest in Canada.
Some policies give you up to 25% of your benefit while you are still living if you are diagnosed with a terminal illness.
Some policies provide free of charge Best Doctor Service, which locates the best medical care in the world.
All benefits are considered non-taxable income in Canada.
Don't be confused by life insurance. There are only 2 basic types of policies: permanent (whole life) and term (temporary). Simply put, permanent coverage remains in affect for the lifetime of the insured, while term coverage expires after a set number of years (eg. 10 or 20 years) or to a certain age (eg. to age 75 or 85 or 100). Generally, term insurance premiums are lower.
Term insurance is the least expensive form of life insurance. Term insurance can provide protection up to age 80 or even age 100. In addition, most allow you to convert to a permanent life insurance plan. We offer benefits of up to $5,000,000, or up to $250,000 for plans that do not require medical exams. read more...
Permanent insurance covers you for your lifetime. The premiums can be paid for 20 years, to age 65, or for life. We offer benefits of up to $5,000,000, or up to $50,000 for plans that do not require medical exams. read more...
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The product pricing and details of this coverage and any other coverage on this website, may vary and/or change as per the underwriting insurance companies discretion and are
not guaranteed. Canada Protection Plan Inc. (CPP) only represents the said underwriting insurance companies coverage(s) and in no way is CPP responsible for the actions or
errors
that may occur from such said underwriting insurance companies. Further, the product pricing and information supplied is not intended to nor should be understood to
make any
recommendations as to the suitability of any and all products shown in this website. We strive to maintain the accuracy with all the information provided on this website;
but we can
not and do not guarantee the validity or accuracy of any of the information provided or displayed. Our insurance carriers include: Unity Life of Canada, Manulife Financial,
Reliable Life Insurance Company of Canada, Western Life Assurance Company and TIC Travel Insurance Coordinators Ltd.