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CIBC Guaranteed Acceptance Insurance

If your health issues or insurance history has made it difficult for you to find life insurance, CIBC’s Guaranteed Acceptance plan offers coverage that guarantees you will remain protected for life.

Important features of the plan:

  • Available to CIBC customers age 40 to 74.

  • Fixed premiums for life, with lower rates for non-smokers.

  • Choice of coverage between $10,000 to $25,000.

  • Accidental death coverage pays 5 times your original coverage.

  • Living benefit of 50% provided if you’re diagnosed with a terminal illness.

More about the other life insurance products offered by CIBC now.

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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Compare Canadian Life Insurance
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Cover for:
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Types of cover:

Life Cover

Life Insurance pays a sum to the beneficiary of the insured’s policy in the event the insured dies during the term of the policy.

Critical Illness

Critical Illness Insurance pays a benefit to the insured in the event the insured is diagnosed with a predefined illness during the term of the policy.

If not sure please select OTHER

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Amount of Cover:

Here you can choose how much you would like the beneficiaries of your policy to receive in the event of your death.

Things you may consider are the amount required to maintain your family’s standard of living and the cost of paying off any large debts you may have such as a mortgage.

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