Canadian diabetics may pay up to 300% the premiums of their healthy peers or be disqualified from traditional life insurance depending on the nature and degree of management of their diabetes.
With our guaranteed issue Final Expense Plan , all Canadian diabetics are fully qualified with no increase in premiums, regardless of the severity of their condition or underlying root causes. Qualification is instant, with no medical exam or health questions about diabetes required to get life insurance.
Key Benefits of our Final Expense Plan
Guaranteed acceptance
You are qualified regardless of the nature of diabetes.
No medical exam, no health questions
No need to provide proof of management or submit to a medical exam to qualify.
Purchase directly online
No lengthy paperwork, no agent visit, no waiting. Instant approval allows you to receive your policy once you apply.
Guaranteed coverage to age 100
This coverage does not stop when you need it most, and your plan remains in force until age 100.
30-Day Money Back Guarantee
If you are not absolutely satisfied with your plan, let us know and receive a full refund.
What our clients say
Explore Final Expense Plan features
Eligibility
There are only two requirements in order to qualify for protection under Specialty Life's Final Expense Insurance plan:
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You are between the ages of 18 and 74
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You have a home address within Canada
Under this plan, there are no medical requirements to get coverage, and you cannot be denied for coverage due to health issues if you meet the above criteria.
Duration of coverage
Final Expense Plan will provide guaranteed coverage to age 100.
Rates
Rates are dependent only on age, gender, and smoking status. Your health condition or health history has no effect on your premiums.
New applicants are rated in 5-year bands beginning at age 30. At the end of every 5-year band, premiums for the insured are reviewable and may increase.
We guarantee, however, that any adjusted premiums will be less than a new applicant would pay at the same age.
Coverage amount
Final Expense Plan offers coverage up to $50,000. This plan also includes Accidental Death coverage up to $200,000 at no additional cost.
Policy exclusions
The death benefit will not be paid under the following circumstances:
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If death occurs within the first 2 years from the effective date or latest reinstatement. However, there will be full refund of premiums paid.
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The insured person commits suicide, while sane or insane, within 2 years from the effective date or latest reinstatement.
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If this policy is declared void due to a material omission, misrepresentation or in the event of fraud.
30-Day Money Back Guarantee
If you are not absolutely satisfied with your plan, let us know and receive a full refund.
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