Buy Seniors Life Insurance Anywhere in Ontario

Finding an affordable Life insurance plan for a Canadian Senior can be a challenge but we at Protect your Wealth are at your service.

Mortgage Insurance Quotes Ontario, Mortgage Life Insurance Quotes Ontario

Buy Seniors Life Insurance Anywhere in Ontario

Finding an affordable Life insurance plan for a Canadian Senior can be a challenge but we at Protect your Wealth are at your service.

Mortgage Life Insurance Quotes Ontario

What benefits does Life Insurance provide to seniors?

Our experience in assisting those over the age of 50 is unmatched and there are several advantages to the addition of a life insurance policy to your financial plan.

Avoid your outstanding debt (your mortgage, rent, credit cards, or outstanding loans) from being passed on to loved ones.

Funeral costs can be expensive. Safeguard your loved ones from this burden in their time of grief.

Even if your loved ones are not dependent on your income, you can still aid their financial pressures, such as providing school tuition to your grandchildren.

Assign funds to a charitable cause so that your personal impact can endure.

Mortgage Life Insurance Quotes Ontario, Mortgage Life Insurance Brokers

Get Life Insurance for seniors in 3 simple steps!

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3

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We offer three types of insurance for seniors

The three most common types of insurance for seniors are fully underwritten, simplified issue, and guaranteed issue insurance. Here’s a simplified breakdown of the three:

FULLY UNDERWRITTEN

SIMPLIFIED ISSUE

GUARANTEED ISSUE

Cost of Premiums

    
      
        

Medical Underwriting

Full medical history disclosed.

Limited medical questions. May differ by insurance company.

No medical questions asked.

Visit from nurse or paramedical company

Most often yes.

Sometimes substitued with physicians report.

No vist from nurse or paramedical company.

No vist from nurse or paramedical company.

Speed of approval process

Longest process, may take few days to several weeks.

Typically within a few hours to a few days.

Typically within a couple hours to a couple of days.

Maximum amount of coverage

No specified maximum.

Depends on company, age and health history. Can be up to 1M in coverage.

Depends on company and age. Most often between 25K and 50K maximum.

Insurers we work with

Ensure peace of mind with insurance for seniors.

Speak to one of our insurance specialists to understand if insurance should be part of your financial plan. Call us directly at: 1-877-654-6119 or click below to get started!