Business Insurance Plan for Canadians
Hassle-free life insurance designed specifically for your business.Get Quote
We understand the importance of your business continuity planning. That’s why Specialty Life Insurance offers life insurance designed specifically for business owners.
Our Business Insurance Plan can protect your company in case you or your key employee(s) pass away. The tax-free benefit can ensure your company thrives even if the unforeseen happens. Protect your business and your legacy with simple, straight-forward coverage.
Key Benefits of Business Insurance Plan
Quick & easy application process
No BIN, no articles of incorporation, no financial underwriting. Only corporation name required.
Thorough coverage with no medicals
Get up to $1,000,000 in coverage – highest in the no-medical insurance market!
Approval within 24 hours.
Review your plan
You have 10 days to review your plan and get a full refund if you decide to cancel.
What our clients say
How does it work?
Complete a quick, 30 seconds quote request on our site
One of our friendly advisors will reach out to you and ask you a few health questions to provide a personalized quote.
If you are happy with the quote and terms of the policy the application is completed right over the phone.
Following a 24-hour approval you will receive your policy via email.
You are now the policyholder and the company is named as the beneficiary. In case you pass away the company receives a tax-free payout.
* Please note, if you would like to insure a key employee, please mention to our advisor and they will be happy to assist.
Explore Business Insurance features
There are only two requirements to qualify for protection under Specialty Life’s Business Insurance Plan:
You are between the ages of 18 and 80
You are Canadian resident.
Duration of coverage
Depending on your needs you can choose to be covered for 10, 20, 30 years or a lifetime with our Term 100 plan.
10-day review period
You have 10 days to review your policy and ensure it is right for you. If you are not completely satisfied your premiums will be refunded in full.
Our plans are available from $1,000 and up to $1,000,000. The maximum benefit you can apply for depends on your age and answers to qualifying questions.
Rates are dependent on age, gender, smoking status and health questionnaire. Your rates are guaranteed to be the same for the duration of the policy.
Renewable & Convertible
At the end of the term this plan can be renewed or converted to a permanent policy without any additional health questions or medical exams.
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