Grandfather playing with his two grandchildren.

Guaranteed Issue Life

Helping protect loved ones’ financial future can be easy

For those who may find it difficult to obtain life insurance, even those who failed to get coverage elsewhere, guaranteed issue life insurance can be an ideal solution. You can help protect those close to you with coverage from $2,500 up to $25,000 and no health exam or questions needed to apply.

Get more information or your no-obligation quote today:

PLEASE NOTE: For a limited time you will see our former name, The McLennan Group Life Insurance Inc. when you click to obtain your quote and apply online.

You’re pre-approved for coverage up to $25,000

  • Acceptance is guaranteed – if you’re a Canadian resident between the ages of 50 and 80, you’re pre-approved for guaranteed issue life insurance up to $25,000. While available coverage may be less than other plans, your acceptance is guaranteed – subject to eligibility criteria and receipt of your initial premium payment – with no health exam or questions at the time of application.
  • Affordable coverage – Premiums start as low as $5.46 per month for a female non-smoker, 50 years of age, and $6.50 per month for a male non-smoker, 50 years of age. Plus you can purchase your coverage with confidence, with a 30-day money-back guarantee.
  • There are so many ways to help others – your life insurance benefits could help pay for a spouse’s retirement, assist with the education of a grandchild, relieve the burden of your final expenses, or even allow you to donate to your favourite charity.

Lifetime coverage. Coverage is effective the day your application and first premium payment are received. And as long as your premiums are paid, you’ll have coverage for life. On top of that your rates are locked in for life and your coverage amount will never decrease. At age 100, you will not have to pay any more premiums, but your coverage will remain in effect.

If you die accidently before age 85, your beneficiary could receive an added four times the policy amount, up to $125,000. The Living Benefit could advance up to 50% of your policy amount to help you cope with a terminal illness, provided the policy has been in effect for at least two years.

You should take steps now to safeguard their financial future

There are many reasons to obtain life insurance coverage. Perhaps you want to ensure someone can attend college or university. Maybe you want to leave a donation to a charity. Or perhaps you simply want peace of mind for you and your loved ones.

Here are some points to consider:
  • If you are in a personal partnership, how much do you contribute to the household budget?
  • If you were to die prematurely, how would your survivor(s) get by, especially dependent children?
  • Does anyone else depend on you financially, such as a parent, grandparent, brother, or sister?
  • Single parent? What level of support payments are you making or getting? How would these be kept up in the event of the contributor’s death?
  • If you have children, do you want to put aside money to complete their education in the event of your death?
  • If you have a mortgage on your home, do you want it paid off in the event of your death?
  • Are there any other family members or organizations to whom you would like to leave money?
  • Could life insurance play a role in business or farm succession plans?
  • Could life insurance play a role in paying the taxes incurred when capital property is transferred from one generation to the next?

Canadian Life and Health Insurance Association

The Canadian Life and Health Insurance Association is a voluntary trade association working on behalf of all its member life and health insurers. It produces a number of publications designed to assist Canadian consumers in making informed decisions.

If they’re important to you, protect their financial future

Whether you’d like a no-obligation quote or more information, call toll-free. Licensed life insurance advisors are here to answer your questions, explain your options and help select the coverage that's right for your needs and budget… and your loved ones.

Manulife logo

Underwritten by The Manufacturers Life Insurance Company (Manulife), P.O. Box 670, Stn Waterloo, Waterloo, ON N2J 4B8.

Manulife, Manulife & Stylized M Design, and Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license. © 2024 The Manufacturers Life Insurance Company. All rights reserved.

™Trademarks held by The Manufacturers Life Insurance Company.