Guaranteed acceptance life insurance, also called guaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited death benefit. The best product for you depends on a variety of factors â some life insurance products are cheaper but come with stricter limitations in terms of health pre-conditions (such as standard life insurance â¦ This differs from âNo Medicalâ Simplified Issue Life Insuranceâ¦ Here is an overview of life insurance options for seniors, along with each optionâs pros and cons. Life insurance offers an opportunity for Canadians like you to help provide financial security for their loved ones. Guaranteed Protection The guaranteed protection plan offers up to $50,000 in benefits amounts and requires no medical exams or health questionnaires to apply for coverage. However, it is still designed for individuals with moderate to serious â¦ If you're between the ages of 40 and 75 and a Canadian Citizen or Permanent Resident, RBC ® Guaranteed Acceptance Life â¦ Guaranteed Acceptance policies provide the insured life insurance protection without medical tests and without having to answer any health questions. 1 Plus our Guaranteed Life Insurance â¦ This type of coverage is ideal for situations when you â¦ If youâre a Canadian resident between 40-75, Guaranteed â¦ Guaranteed Acceptance Life Insurance is another name for Guaranteed Issue Life Insurance. They also offer Guaranteed acceptance life insurance for those aged 50 â 75 who $25,000 or less of insurance â¦ CIBC Guaranteed Acceptance Insurance: If your health issues or insurance history has made it difficult for you to find life insurance, CIBCâs Guaranteed Acceptance plan offers coverage that guarantees â¦ Guaranteed Acceptance Life Insurance Most Critical Illness insurance policies on the market can restrict or price your plan based on your health and lifestyle, making essential coverage hard to find for those at risk. Hancock Financial Solutions offers a variety of insurance and investment solutions to help secure your future and your retirement. Your Acceptance is Guaranteed No medical or health questions â¦ 1 With a guaranteed issue life insurance plan, you donât have to â¦ Life Insurance Developed for Seniors â¦ Contact Us 1-877-851-9090 Insurance Calculator Quick Quote Canada Protection Plan Guaranteed Acceptance Life Canada Protection Plan Deferred Life is a step up from their guaranteed life product. Offering an affordable, guaranteed way for you to leave your loved ones an extra measure of security, this life insurance plan is available to Canadian residents aged 40 to 75. As with other whole life â¦ Guaranteed Acceptance. ... You must be between 30 and 74 and live in Canada. Review Your â¦ Help Cover Final Expenses with RBC Guaranteed Acceptance Life Insurance. We guarantee acceptance for all Canadians ages 18 to 69, with guaranteed â¦ Cover final expenses, funeral costs, and any other needs with a Final Expense Plan. Resources. As long as you meet the eligibility criteria, your acceptance is guaranteedâ¦ As you grow older, it can be difficult to get affordable life insurance â especially if you have any health concerns. A TD Life Insurance plan in Canada, is a way to help protect your familyâs financial â¦ Guaranteed premiums. Guaranteed Issue Life insurance provides coverage from $5,000 to $25,000 without completion of a medical exam at the time you apply. Canada Protection Plan âs No Medical & Simplified Issue Term Life Insurance provides life insurance protection for periods of 10, 20, 25, or 30 years. Key Benefits. Usually the coverage amount of guaranteed issue life insurance offered is limited to about $25,000 which is sufficient to look after final expenses and smaller coverage amounts can be purchased. CoverMe ® Guaranteed Issue Life Insurance: guaranteed acceptance with any medical history Depending on your medical history and current health, it can be hard to find life insurance at any â¦ Acceptance is guaranteed for you and/or your spouse, provided you are between the ages of 50 and 80 and insured under a provincial health insurance plan. Itâs a type of life insurance â¦ At that age, you stop paying but your life insurance â¦ Most guaranteed life insurance policies â¦ Simple, guaranteed acceptance life insurance with no medical exams. Guaranteed acceptance life insurance is typically for individuals between 40 and 85 years old. With Sun Life Go Guaranteed Life Insurance, you can choose your coverage amount, from $5,000 to $25,000. You â¦ It is often the last resort for those who canât qualify for other kinds of life insurance policies due to their medical issues, and who donât have the option to buy life insurance â¦ Colonial Pennâs Guaranteed Acceptance Life Insurance offers you easy and affordable coverage. Talk with one of our financial advisors about how we can help you with products like the Canada Protection Plan, Guaranteed Acceptance Life Insurance, Simplified Issue Life Insuranceâ¦ Americo: Americoâs Ultra Protector Series policy is a guaranteed issue life insurance policy that â¦ There are only a few choices for TD life insurance, including 3 term options (10 years, 20 years, and 100 years â also known as permanent). We guarantee that your monthly payments will stay the same until you turn 95. This plan is built for â¦ Premiums are fixed and â¦ No matter what your health or lifestyle is like, get affordable, reliable life insurance coverage with Canada Protection Plan. RBC Guaranteed Acceptance Life Insurance - Available to those from age 40 to 75, without any medical exam. As the name suggests, a guaranteed issue life insurance policy (also called a guaranteed acceptance policy) provides life insurance coverage regardless of your health, or financial history. Premiums for our guaranteed acceptance life insurance policies are level (or fixed premiums) and are guaranteed not to increase during the life of the policy. Guaranteed Life Insurance from Gerber Life is a whole life insurance policy for adults between 50 and 80 years old that does not require a medical exam or ask health questions â your acceptance is guaranteed. Your acceptance is guaranteed, regardless of your health-so that you can give your loved ones an extra measure of protection that you can be sure of. Acceptance is guaranteed. Guaranteed â¦ Coverage offered from $5,000 to $40,000 with a 30-day review period. With sufficient life insurance in place, you can rest easy knowing that your final expenses wonât add to your â¦ Guaranteed Acceptance. In Canada, the average funeral costs $8,500, and can be upwards of $15,000 or more when including burial expenses and service fees. CIBC Guaranteed Acceptance Life Insurance helps protect your family from any expenses you may leave behind, should the unexpected occur. Life Insurance for Seniors: Your Options. Guaranteed life insurance is a type of guaranteed whole life insurance policy that protects families from a financial hardship when a loved one passes away.