%202.webp)
Once you understand how valuable term life insurance is for financially protecting your family in the future, it’s easy to see why so many people choose this type of protection. But what’s the best, most effective method for getting an online term life insurance quote in Canada, possibly without a medical exam?
This page will walk you through everything you need to know to get yourself a quick, affordable term life insurance quote online, as well as some of the benefits and considerations you should keep in mind when you’re requesting a quote.
What is Term Life Insurance and How Does it Work?
Term life insurance is a form of financial protection, which you can put in place to protect your loved ones in the future, in the event that something happens to you.
When you apply for term life insurance quotes online in Canada, you’ll be asked to fill in a number of variables, which will determine not only what your coverage includes, but the length of time you want to remain covered.
Some insurance companies require a medical exam as part of the application and quoting process, but with Blue Cross Life’s Term Life Insurance, many people can get a term life insurance quote in Canada without a medical exam being necessary.
Benefits of Getting a Term Life Insurance Quote Online
Three of the biggest benefits of getting a Blue Cross Life Term Life insurance quote online include:
- The convenience of being able to access quotes for free online from the comfort of your own home
- How quickly the process can be completed (under 1 minute to get a quote, and only 20 minutes to fill out an application)
- Affordability! The versatility of being able to create a unique plan, allows you to customize both the coverage and the monthly premium to meet your budget
With Blue Cross Life’s online platform, you also have the benefit of being able to speak with a licensed insurance advisor, who is experienced at helping people find the best coverage to protect their loved ones’ future.
Key Considerations Before Requesting a Term Life Insurance Quote
Before you obtain a term life insurance quote online in Canada, there are some questions that you should take the time to ask yourself, such as:
- What kind of financial expenses can I foresee my loved ones incurring in the future?
- Am I the primary income earner in my household, or could my partner manage financially without my contribution?
- What does the cost of living look like in my province?
- Do I have a mortgage? How many years are left on it?
- How many children do I have to plan to financially protect in the future?
- Will I need financial protection for elderly parents?
- How long will I need financial protection for?
- Do I want financial protection for just myself, or should I get term life insurance for my partner and kids as well?
- Do I want just term life insurance, or should I consider getting critical illness insurance too?
- How much coverage do I need to include the answers to all of the other questions I just asked myself?
Determining the Right Term Life Insurance Coverage
Once you’ve asked yourself these important questions, you can start thinking about finding the best, affordable term life insurance quote to match your specific needs.
However, for some people, it can be difficult to nail down some of the answers, which is where an insurance expert can make all the difference.
Through Blue Cross Life’s digital platform, we’re making it easier than ever to get the protection that you need; either on your own, or with the assistance of one of our trusted insurance advisors.
Get a Term Life Insurance Quote Without Medical Exam in Minutes
You read that correctly!
It’s usually possible to get a term life insurance quote without medical exams, and to get it done in minutes - rather than days or weeks.
In fact, most people that apply for a quick term life insurance quote online in Canada through Blue Cross Life don’t require any medical exams.
What to Do After Receiving a Term Life Insurance Quote
Take a step back and re-evaluate.
Does this quote actively reflect all of your loved one’s potential needs in the future? Did you remember to ask yourself all the essential questions to ensure you’re taking all relevant elements into consideration?
One of the best parts about getting a quick online quote for term life insurance is that you can always easily request a second, third, fourth, etc. quote to change the numbers around as needed.
Want to change the term length, but keep the other conditions? No problem. Think you might actually need a bit more coverage than you originally calculated? Easily update the amount and get a fresh quote.
If you need a bit more assistance, you can even talk with one of our licensed life insurance advisors. They may be able to offer some insights that you hadn’t thought about, ensuring you choose the most ideal coverage for your needs.
Qualify for Term Life Insurance with a Pre-Existing Condition
The way that pre-existing conditions can impact your ability to qualify for term life insurance coverage, really depends on the type of pre-existing condition that you have.
More severe conditions (i.e., certain cancers, history of heart attacks or strokes, etc.), may require you to get an updated medical exam to confirm that your condition is controlled before being considered eligible for coverage.
Regardless of your situation, it's worth requesting a quick term life insurance quote online, even if you're concerned that your health condition might affect your eligibility. Where possible, Blue Cross Life is dedicated to helping everyone find an affordable term life insurance policy tailored to their unique needs—whatever they may be.
Explore Our Other Insurance Options
While Term Life Insurance offers a benefit in the event that you pass away, Critical Illness insurance provides support if you are diagnosed with a serious illness during your coverage period.
With Critical Illness Insurance, you’ll receive a one-time, tax-free lump sum based on the terms of your policy . If you’d like to learn more about Blue Cross Life’s Critical Illness Insurance, click here.