CARP’s Guaranteed Issue Life Insurance allows simple and quick access to life insurance for seniors who have concerns about obtaining coverage.
Available to Canadians up to the age of 70.
Premiums are guaranteed for 10 years, or the length of the term.
Coverage from $50,000, and up to $150,000.
Your term plan is renewable up to the age of 85.
At any time, before age 70, you may convert your term insurance to a permanent life insurance policy with no medical exam.
Please compare this institution to the rest of the Canadian market to ensure you’re getting the best possible conditions on your life insurance coverage.
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