Many people are purchasing the insurance policy through various kinds of websites, but the no medical life insurance has cheap life insurance canada. Every single person who is looking for buying an insurance policy will need a cheap rate policy. If you want to buy an insurance policy, then you must visit the no medical life insurance company. They provide the best insurance policy at very cheap rates. From this company, they provide the insurance policy to seniors which face the difficulty of not getting the traditional insurance policy.
The no medical life insurance is an online company which provides the insurance policy through an online platform. They provide the insurance company to those who are not able to qualify the traditional insurance policy. With this company, you don’t have to give a medical exam to get the insurance policy. The no medical life insurance company comes in two forms such as simplified or guaranteed issue life insurance.
In simplified insurance, you don’t have to give a medical test to qualify for an insurance company. But they will ask you some questions related to your health such as medical history, your lifestyles. This policy provides the better rates as compared to the guaranteed issue life insurance. In guaranteed issue life insurance policy there is no medical exam or any other questioning, in other words, you can easily qualify for this kind of policy. But the downside of this policy is that it has very high rates and low coverage as compared to the simplified issue life insurance policy. The benefit of this policy is that anyone can get this and it doesn’t matter what pre-conditions person is having in life.
Tips for low rates:
- If you are purchasing a life insurance policy then doesn’t deal with the broker who works with only 10 insurance companies. Hire a broker who works with more than 15-20 insurance companies, then the broker will easily compare the rates of companies and provide you the insurance company at lower rates.
- You can only get cheap life insurance canada by not drinking high alcohol in your daily life. If you drink less alcohol then you have to pay lower rates for premium as compared to a drunken So the best and ideal option for lower rates is not to consume alcohol in excess.
- If you want to save money by purchasing an insurance policy, then most of the insurer offers a bundle discount. So if you are looking for life insurance policy, critical illness and disability then you can easily save the money by purchasing the policy in bundles.