Lets BE BLUNT, If you’ve had health problems you’re probably not going to get insurance through a “normal” insurance company. And if you do, you’ll be paying much more. Fortunately You now have options.
So who can get “normal” insurance?
If you’re a Canadian resident in good health you would probably have no problem getting comprehensive life insurance. This is, of course, if you’ve lived in Canada for a while, have never had bankruptcies or dabble in “extreme or dangerous sports or activities”. If you’re planning to travel outside North America or are undergoing medical treatment then you may have to postpone your application. Basically, Insurance companies want to insure healthy, stable, “boring” individuals. This makes it easy for them to fit you into a “low risk” box. The more “normal” your life, the less likely you are to die unexpectedly.
But what about everyone else?
What if your life hasn’t gone to plan? What if you’ve had to claim bankruptcy or gotten sick? In many cases those who are unlucky enough to fit into these categories are either charged a higher premium or flat out refused insurance. Something as simple as changing prescriptions or dose of medication can put you into a “higher” risk category. This depends on the medication and the condition it’s treating of course. If you’re accepted, you may be charged rates that just make it unaffordable to purchase insurance leaving your family unprotected.
If I’m not in perfect health, what do I do?
Having access to companies that specialize in this “hard to insure” market gives us the ability to cover Canadian families at a reasonable price. Through traditional companies we would not be able to cover these families. Now we can cover them almost instantly.
What medical conditions can be covered now? And how hard is it to get coverage?
If you have ever suffered from diabetes, heart attack, stroke, depression, schizophrenia, bipolar disorder, histories of cancers, rheumatoid arthritis or lupus you can now get coverage. With companies that specialize in this market we are able to provide insurance products to insure all of those conditions. Applications tend to be relatively easy when compared to the “traditional” companies and are usually yes or no answers. Another bonus, depending on the amount of insurance you want to get, there may be no medical exam
What if I got refused because I like sky diving or other “dangerous” activities?
Another group of Canadians being neglected by traditional carriers are those who enjoy ‘high risk’ sports and activities. People that enjoy things like back country skiing, bungee jumping, train mixed martial arts for fitness or go sky diving once in a while. Most traditional insurance companies will have exclusions on those activities. In reality if you’re a bungee jumper and you’re 28 years old chances are that you’re not going to die in the next few years. Companies that specialize in these “hard to insure” market have taken these activities into account and
So what do I do now?
Simple!! Click here and apply. It’ll take a few minutes to go through it and, in the end, you can proceed to purchase or just stop at the quote. It’s up to you!!!