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Life Insurance for Newcomers to Canada

By December 9, 2019 March 23rd, 2021 Advisor, Blog, Consumer
life insurance for non-residents in canada

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What do non-residents need to apply for Life Insurance?

  • International Students – Valid Study Permit
  • Foreign Workers – Valid Work Permit

Moving to another country can be exciting, yet overwhelming. Life insurance can provide peace of mind to newcomers that their families will be protected should the unexpected happen to cover outstanding debts.

Starting your studies or a new job in Canada? Beginning your life in a new country can be exhilarating – new city, lifestyle and friends along with ample opportunities for a new life.

But new beginnings can also be stressful. Navigating so many unknowns without the support of your family and friends from back home can be overwhelming.

When building a plan for financial stability and all what it entails, you may want to think about the advantages of having a life insurance policy. This can provide great peace of mind knowing that your loved ones will be protected financially, both here and back home.

Why life insurance with Canada Protection Plan?

  • Non-residents with a valid work or study permit can apply for up to $250,000 in coverage
  • Quick and easy to apply
  • Affordable rates
  • Complimentary benefits
  • No medical exams or needles on most plans
  • Payments start in the second month – applicable on monthly payment plans
When starting a life in a new country, protect your loved ones with a life insurance policy. Speak with your advisor or contact Canada Protection Plan for a free no-obligation quote
To learn more about Canada Protection Plan and our line of comprehensive No Medical and Simplified Issue life insurance solutions, call Broker Services at 1-877-796-9090 and we will be happy to assist you or put you in contact with Sales support in your region.

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Pour en savoir plus sur Plan de protection du Canada et sur sa gamme complète de solutions d’assurance vie sans exigence médicale et à émission simplifiée, communiquez avec les personnes-ressources des Services de courtage au 1 877 796-9090, qui seront heureuses de vous aider ou de vous mettre en contact avec l’un de nos soutiens aux ventes dans votre région.

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