Specialty Life Insurance

Business Insurance Plan for Canadians

Hassle-free life insurance designed specifically for your business.

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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 for Canadians

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!

Fast approval

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.

Coverage amount

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.

5 top reasons our clients applied for life insurance

Find out what were the top personal motivators for our clients to apply for life insurance coverage.

Learn More