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CoverMe Guaranteed Issue Life Insurance

CoverMe Guaranteed Issue Life Insurance logo

What is Life Insurance?

Most people don’t like to think about the possibility of not being around, especially if they’re young and healthy. We can plan ahead when it comes to career and education goals, but planning for the possibility of an unexpected death is difficult.
Life insurance is an insurance product that provides assurance through lump-sum payment also known as "death benefits" to the beneficiaries upon the insured's death. There are two main types of life insurance: term and permanent.
Insurance is a peace of mind product. A good insurance policy assures you that your loved ones won’t suffer financially should anything happen to you. There are a number of variations of disability insurance.  

What is CoverMe Guaranteed Issue Life Insurance Plan?

Life Insurance for Seniors - NO MEDICAL EXAM needed

Health history is the major reason why most Canadians rejected for life insurance coverage. This becomes more critical and difficult to get affordable plan as you grow older. However, the Manulife CoverMe Guaranteed Issue Life insurance is always open for Canadian resident between the age of 40 to 70.
CoverMe Guaranteed Issue Life Insurance plan is the Manulife life insurance product for individual protection that is designed for Canadian seniors. It's an affordable NO MEDICAL EXAM life insurance that guarantees your acceptance for coverage, regardless of your health history.
This insurance plan is easy to manage and understand that perfectly tailored to meet the Canadian seniors needs and conditions.

What are the benefits?

Purchase your coverage with confidence through Manulife CoverMe Guaranteed Issue life insurance. The plan starts at $5,000 up to $25,000 with a 30-day money-back guarantee. Your beneficiaries will receive a tax-free, lump-sum benefit in the event of your unexpected death.

Several coverage benefits are available for you for this plan that is easy to understand and manage.

This popular plan can gives you:

  •  Guaranteed acceptance with no health questions or medical exams at the time of application.
  • You can enjoy 20% lower premium if you are a non-smoker.
  • The premium is guaranteed no increase and your coverage benefits will also not decrease.
  • If you die accidentally before age 85, you will receive 5x of your benefits up to $125,000.
  • Get a one-time cash advance of up to 50% of your coverage if you’re diagnosed with a terminal illness with less than 12 months to live. You must be less than 83 years of age and your policy must have been in effect for at least two years.
  • A 30-day money-back guarantee is available on purchasing the plan.
  • You can enjoy 20% lower premium if you are a non-smoker.
  • Earn and enjoy AIR MILES reward.

 

Plan Details

  • Coverage starts at $5,000 up to $25,000
  • Your beneficiaries will receive a tax-free, lump-sum benefit after your death

 

 

Additional resources:

Learn more about your other Manulife insurance options from these informative articles.

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

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