More than 1.6 million Canadians have some form of heart disease, a designation which can include a whole range of ailments and risk factors. While some Canadians manage their heart ailments day-to-day, others are in need of sustained care to maintain their way of life. In either case, a heart disease or even an indicator of symptoms can disqualify Canadians from many traditional life insurance options.
As heart disease develops in degrees with many people, there are various means to still find insurance even if you have one of many heart ailments. Simplified life insurance remains the most effective option, with different insurers weighing different symptoms of heart disease (angina, hypertension, etc.) differently. Depending on your level of management and the severity of the disease, you may qualify for life coverage of up to $250,000 with no medical exam.
For individuals with severe or life-threatening heart conditions, Guaranteed Issue Life Insurance is a valuable option as it waives the need for a medical exam for applicants. In some cases, a Guaranteed Issue Life Plan may be the lowest-cost option, as it does not rate your premiums based on health factors whatsoever.
At No Medical Life, we work with over 20 of Canada's largest insurers such as BMO, RBC, Sun Life and many more. Our unique approach to life insurance lets us help individuals get accepted for fair and affordable coverage, even if they've suffered from heart disease in the past. Use our Free Quote form and join the thousands of Canadians who have discovered their options with No Medical Life Insurance.