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Fast, Free QuoteThere’s no free lunch in life, but life insurance can be provided for free (or mostly free) sometimes. We’re talking about group life insurance, which many Canadian employers offer as part of their employee benefits programs.
When you first think about it, life insurance seems like a pretty straightforward concept. You pay your premiums on time, and the insurer in turn pays a fixed amount of money to your family when you pass away.
Guaranteed issue life insurance is a kind of permanent life insurance that does not require any medical underwriting.The premiums are significantly higher than traditional life plans, but the coverage is guaranteed. Continue reading to see if it'd right for you.