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OMA Life Insurance

The Ontario Medical Association, or OMA, represents the needs of physicians and medical workers in Ontario. OMA offers unique benefits to their members, and recognizes the unique needs for health and life solutions for physicians and their families. OMA offers life insurance at affordable rates. OMA insurance is underwritten by Canada Life.

OMA Term Life

  • Available in 10 or 20 year terms
  • Guaranteed rates for the length of your term.
  • Coverage from $100,000 to $10 million.
  • Convert to a permanent insurance plan and enjoy fixed rates for life.
  • Preferred rates available.

OMA FlexTerm Life

  • Available as a 10 year term.
  • On renewal, you may choose another 10 year term or renew annually.
  • Coverage from $100,000 to $3 million.
  • Interim coverage option available.

OMA Term Life Plus 75

  • Permanent insurance for life, with guaranteed rates.
  • Coverage from $100,000 to $1 million.
  • A 10% increase on your coverage each year for 10 years.
  • Pay no premiums after age 75.

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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