TORONTO — October 28, 2016
Life just got better today for those who face huge roadblocks from buying life insurance.
“Whether you have health issues, are in good health, new to the country on a work permit, participate in extreme sports or simply want reliable, affordable coverage quickly and are between 18 and 80 years old, we can offer you the life insurance coverage you deserve,” says Michael Aziz, Senior Vice President Sales, Canada Protection Plan.
Canada Protection Plan’s new life insurance products provide up to $1 million in coverage, with no medical required for up to $500,000. Cigar smokers are now classified as non-smokers as are marijuana users who light up to four times a week. Canada Protection Plan also provides coverage and peace of mind for Canadians with serious conditions such as diabetes, cancer, coronary artery disease high blood pressure, alcoholism, epilepsy, liver disease, multiple sclerosis and Parkinson’s disease.
“Our new products now protect more people with a wider range of health conditions and more lenient approvals. For example, if you enjoy skydiving or flying your own plane, you will be covered at a competitive price. Our products are as unique as each of our customers,” Aziz added.
When covered, you could be eligible for complimentary benefits that may include:
- Emergency short-term financial assistance program
- Terminal illness loan program worth 75% of your coverage up to $250,000
- 250 post-secondary tuition scholarships up to $8,000 a year for eligible students
The enhancements/improvements to Canada Protection Plan’s products were designed to protect individuals and their families from a financial loss in the event of an unexpected death. No Medical and Simplified Issue life insurance is typically underwritten with just a few medical questions, no doctors and no tests.
Canada Protection Plan does not ask if you have been declined for life insurance or have a bad driving record. No Medical and Simplified Issue life insurance can be an excellent solution for many. Contact your financial advisor or our licensed insurance advisors will help determine if No Medical and Simplified Issue life insurance is right for you, or if you would be better served by traditional insurance.
About Canada Protection Plan
Canada Protection Plan is a Canadian corporation that designs, markets and sells life insurance and related products with simplified underwriting processes. Canada Protection Plan products can be purchased through over 25,000 independent insurance advisors across Canada or by contacting Canada Protection Plan at 1-877-851-9090. More information available at www.cpp.ca.
