Canada Protection Permanent Life Insurance Plan

When you choose a life insurance policy from the Canada Protection Plan, you can get the coverage you need in as little as under a day.

Permanent Life Insurance Plan

No Medical & Simplified IssueLife Insurance

Let us see how Canada Protection Plan can help you with your life insurance needs

When you choose a life insurance policy from the Canada Protection Plan, you can get the coverage you need in as little as under a day. We offer a wide selection of “No Medical Life Insurance Plans” to choose from with coverage amounts that are affordably priced. Our comprehensive insurance plan options can provide the coverage you require, whether you are in perfect health or have a severe medical condition. Being the country’s leading provider of No Medical and Simplified Life Insurance plans, we aim to provide coverage that can be accessible to everyone irrespective of their health condition, whether you are difficult to insure because of a serious medical condition or in good health. Regardless of your age, income, or your health history, you can rest assured; we will work alongside you to help you choose the ideal policy coverage to meet your specific needs. Our policy coverage:

  • Covers your funeral expenses, including the cost of your final expenses

  • Makes sure your dear ones are not left with any outstanding debts

  • Helps you leaves a lasting legacy by supporting a cause that is close to your heart

  • Leaves a gift behind for family members or loved ones

Why should you opt for No Medical or Simplified Issue Life Insurance?

  • If you are a citizen of Canada, a permanent resident, or an individual having a valid study or work permit

  • You suffer from a health condition

  • You are very difficult to insure

  • You are employed in a dangerous occupation or partake in extreme sports

  • You don’t like to undertake medical exams or are scared of needles

  • You just want to receive your coverage quickly

Which policy coverage is best suited for your needs?

Permanent Life Insurance Plan

The No Medical & Simplified Issue Permanent Life Insurance plan provides protection that lasts a lifetime. This type of protection plan is ideal for covering your permanent needs, such as your final expenses. The permanent insurance options provided at Canada Protection Plan are way more than any other No Medical insurance provider in the country. Our wide selection of insurance plans is designed to make it simple and stress-free for every individual, including the ones that are hard to insure. If you are looking to get the best coverage at unbelievable prices in the quickest time possible, look no further than Canada Protection Plan.

Why should you choose Canada Protection Plan forPermanent No Medical & Simplified Issue Life Insurance?

  • Right from day one, most of our policies offer full-time protection.

  • Unlike other life insurance providers, our plans provide a plethora of free benefits.

  • We have four plans that are available as T100, our low-cost permanent insurance plans.

  • We pride ourselves in providing our customers with exceptional service from the day they apply until the claim has been paid off.

  • Canadian owned and serviced by the citizens of Canada.

Get the best Insurance Quote from Canada Protection Plan

Call 1 844-542-4678 to speak to our advisors.

Guaranteed Acceptance Life Insurance

The issue is guaranteed when you choose a guaranteed acceptance life insurance policy. Irrespective of your health condition, you will not be denied coverage. This insurance plan is an easy, permanent solution created to meet the insurance needs of applicants that are hard to insure. If you were previously denied life insurance because of your medical condition, do not worry, as you will be eligible for this coverage. This policy is generally bought to cover the final expenses of individuals who are not qualified for other insurance plans. Take charge of your future financial decisions, as they may impact the ones you care so deeply about — expenses such as funeral costs, final expenses, outstanding debts, or medical bills. Your health shouldn’t cause you to stress; it should give you the peace of mind you deserve.

Below-mentioned is some of the types of people who can benefit from Guaranteed Acceptance Permanent Life Insurance:

  • Those with a critical illness or severe medical conditions who are not able to secure traditional life insurance coverage.

  • Individuals with hazardous occupations or hobbies that are of high risk.

  • Individuals who smoke or those with a history of drug abuse.

Importance of Guaranteed Acceptance Life Insurance Protection Plan

This plan is created to provide lifetime protection to individuals who are hard to insure. If the insured's death occurs in the first two years other than an accident, the death benefit will be limited to a return of premiums. If the insured's death occurs after two years or the death happens to be accidental, the total coverage amount is payable.

Options available to pay premiums

The options for premium include payments made annually by credit card or cheque, including monthly payments made by a bank authorized debit card.The minimum monthly premium is $15, and the minimum annual premium is $150

Additional benefits that are included with every Guaranteed Acceptance Life policy

The options for premium include payments made annually by credit card or cheque, including monthly payments made by Every Guaranteed Acceptance Life plan consists of no additional cost:

  • Terminal Illness Benefit: Upon diagnosis of a terminal illness, the owner of the policy is paid up to 75% of the death benefit to a maximum of $250,000

  • Transportation Benefit: If the owner of the policy has passed away more than 200 kilometres from their primary residence, we can help transport the insured's body.

Additionally, all policies at Canada Protection Plan may include numerous non-contractual member benefits offered by the company which underwrites our insurance policies, Foresters Life Insurance Company. The above-mentioned are just a few listed benefits. All benefits will be outlined when you receive your policy.

  • A document preparation service online helps create customizable wills, healthcare directives, and powers of attorney.

  • Scholarships for higher learning worth up to $8000

  • A scholarship worth up to $6000 annually for a renewable higher learning for four years for children of the insured deceased members.

  • Emergency grants to provide short-term, temporary financial assistance to members affected by significant personal hardship, disaster or large-scale emergency.

  • Upon the demise of both parents, a monthly payment for the children up to the age of 18

  • Confidential money management assistance providing financial help by accredited counsellors.

Additional benefits that may be added with every Guaranteed Acceptance Life policy?

Depending on the age of the policy owner, you may qualify to purchase an accidental death benefit for up to five times the basic life insurance death benefit for an additional premium. If the insured's death is accidental, the benefit will pay the extra amount as mentioned in the policy.

Deferred Elite Life

Who should you consider Deferred Elite Life?

For Canadian citizens who have permanent life insurance but are extremely difficult to insure, Deferred Elite Life is Canada’s Protection Plan answer to them. This insurance policy is ideal for individuals who were previously denied for insurance or suffer from less serious medical conditions.

Importance of Deferred Elite Life Insurance Policy

Even if the condition of your health changes, Deferred Elite Life provides protection that lasts a lifetime, and best of all, the premiums are guaranteed. For all Deferred Elite Life insurance plans, the total coverage amount is payable if the insured's death occurs in the first two years or the death is accidental. If the insured's death occurs in the second year and is not due to an accident, then 50% of the coverage amount is payable. If the insured's death occurs in the first year and is not due to an accident, the death benefit will be limited to a return of premiums, including 3% simple interest. Our lowest premium plan T100 is also available.

Options available to pay premiums

For the entirety of the insurance policy, you may choose to pay the same premium, or you may decide to pay a higher premium amount for only twenty years.The options for premium include payments made annually by credit card or cheque, including monthly payments made by a bank-authorized debit card.

Guarantees that exist under this insurance policy:

  • Regardless of the life of the policy, the coverage amount will never decrease.

  • Premiums remain the same for the entirety of the policy and are guaranteed.

  • At the beginning of the fifth year of the policy, it will start to accumulate guaranteed cash values. These cash values can be used to pay premiums for as long as these values are sufficient. If you wish to cancel your policy, the policy owner will be paid any remaining cash value available.

  • You can rest assured; all policies at Canada Protection Plan include a 10-day free look guarantee that gives policyholders ten days from the date they receive the policy to analyze and decide if that is the right insurance policy for them. If you choose to return the policy after ten days, we will refund your premium.

Additional no cost benefits that are included with every DeferredElite Life insurance policy

The options for premium include payments made annually by credit card or cheque, including monthly payments made by Every DeferredElite Life plan consists of no additional cost:

  • Terminal Illness Benefit: Upon diagnosis of a terminal illness, the owner of the policy is paid up to 75% of the death benefit to a maximum of $250,000

  • Transportation Benefit: If the owner of the policy has passed away more than 200 kilometres from their primary residence, we can help transport the insured's body.

Additionally, all policies at Canada Protection Plan may include numerous non-contractual member benefits offered by the company which underwrites our insurance policies, Foresters Life Insurance Company. The above-mentioned are just a few listed benefits. All benefits will be outlined when you receive your policy.

  • A document preparation service online helps create customizable wills, healthcare directives, and powers of attorney.

  • Scholarships for higher learning worth up to $8000

  • A scholarship worth up to $6000 annually for a renewable higher learning for four years for children of the insured deceased members.

  • Emergency grants to provide short-term, temporary financial assistance to members affected by significant personal hardship, disaster or large-scale emergency.

  • Upon the demise of both parents, a monthly payment for the children up to the age of 18

  • Confidential money management assistance providing financial help by accredited counsellors.

Additional benefits added to the Deferred Elite Life insurance plan

Depending on the age of the policyholder, they are eligible for an additional premium if they purchase any of the below-mentioned other benefits:

  • Increase your coverage amount for a short period with a low-cost term insurance rider. The term can be for ten years, twenty years, or even twenty-five years. You can use the term rider of the 25-year plan to cover a reducing mortgage balance.

  • If the cause of death is accidental, the benefit will pay up to five times the basic life insurance death benefit.

  • Child Term Benefit: An insured child is eligible for $5,000, $10,000 or $15,000 each.

Get the best Insurance Quote from Canada Protection Plan

Call 1 844-542-4678 to speak to our advisors.

Simplified Elite Life Insurance

Who should you consider Simplified Elite Life Insurance?

If you are in good health or an individual who likes to engage in extreme sports, then Simplified Elite Insurance is the policy for you. If you are looking to get life insurance quickly, then this plan is ideal for you as well. You do not need to undertake a medical exam to apply for this policy, and the coverage amount available is up to $500,000

Importance of Simplified Elite Life Plan?

Unlike most No Medical insurance policies, Simplified Elite Life insurance provides coverage immediately without any waiting period. The coverage is permanent, and the protection is for a lifetime. Best of all, the premiums will never change as they are guaranteed. Our lowest premium plan T100 is also available.

Options available to pay premiums

For the entirety of the insurance policy, you may choose to pay the same premium, or you may decide to pay a higher premium amount for only twenty years. The options for premium include payments made annually by credit card or cheque, including monthly payments made by a bank-authorized debit card.

Guarantees that exist under the Simplified Elite Life insurance policy:

  • Regardless of the life of the policy, the coverage amount will never decrease.

  • Premiums remain the same for the entirety of the policy and are guaranteed.

  • At the beginning of the fifth year of the policy, it will start to accumulate guaranteed cash values. These cash values can be used to pay premiums for as long as these values are sufficient. If you wish to cancel your policy, the policy owner will be paid any remaining cash value available.

  • You can rest assured; all policies at Canada Protection Plan include a 10-day free look guarantee that gives policyholders ten days from the date they receive the policy to analyze and decide if that is the right insurance policy for them. If you choose to return the policy after ten days, we will refund your premium.

Additional no cost benefits that are included with every Preferred Life insurance policy

Every PreferredLife policy consists of:

  • Terminal Illness Benefit: Upon diagnosis of a terminal illness, the owner of the policy is paid up to 75% of the death benefit to a maximum of $250,000

  • Transportation Benefit: If the owner of the policy has passed away more than 200 kilometres from their primary residence, we can help transport the insured's body.

Additionally, all policies at Canada Protection Plan may include numerous non-contractual member benefits offered by the company which underwrites our insurance policies, Foresters Life Insurance Company. The above-mentioned are just a few listed benefits. All benefits will be outlined when you receive your policy.

  • A document preparation service online helps create customizable wills, healthcare directives, and powers of attorney.

  • Scholarships for higher learning worth up to $8000

  • A scholarship worth up to $6000 annually for a renewable higher learning for four years for children of the insured deceased members.

  • Emergency grants to provide short-term, temporary financial assistance to members affected by significant personal hardship, disaster or large-scale emergency.

  • Upon the demise of both parents, a monthly payment for the children up to the age of 18

  • Confidential money management assistance providing financial help by accredited counsellors.

*Note: Benefits not available in Quebec, the Territories and Nunavut.

Additional benefits added to the Preferred Life insurance policy

Depending on the age of the policyholder, they are eligible for an additional premium if they purchase any of the below-mentioned other benefits:

  • Increase your coverage amount for a short period with a low-cost term insurance rider. The term can be for ten years, twenty years, or even twenty-five years. You can use the term rider of the 25-year plan to cover a reducing mortgage balance.

  • If the cause of death is accidental, the benefit will pay up to five times the basic life insurance death benefit.

  • Child Term Benefit: An insured child is eligible for $5,000, $10,000 or $15,000 each.

  • Hospital Cash Benefit: Upon hospitalization of the policyholder, a chosen benefit will be paid daily.

Preferred Elite Life Insurance Plan

Why should you consider Preferred Elite Life?

If you are looking for an insurance plan that provides lifetime protection and coverage up to $1,000,000, you should choose the Preferred Life Insurance plan. Additionally, the application process is simple, and the permanent rates are the best compared to any other insurance plan. Preferred Elite Life Insurance is fully underwritten.

Importance of PreferredElite Life Insurance Plan?

Unlike most No Medical insurance policies, Simplified Elite Life insurance provides coverage immediately without any waiting period. The coverage is permanent, and the protection is for a lifetime. Best of all, the premiums will never change as they are guaranteed. Our lowest premium plan T100 is also available.

Options available to pay premiums

For the entirety of the insurance policy, you may choose to pay the same premium, or you may decide to pay a higher premium amount for only twenty years. The options for premium include payments made annually by credit card or cheque, including monthly payments made by a bank-authorized debit card.

Guarantees that exist under the Preferred Elite LifeInsurance plan:

  • Regardless of the life of the policy, the coverage amount will never decrease.

  • Premiums remain the same for the entirety of the policy and are guaranteed.

  • At the beginning of the fifth year of the policy, it will start to accumulate guaranteed cash values. These cash values can be used to pay premiums for as long as these values are sufficient. If you wish to cancel your policy, the policy owner will be paid any remaining cash value available.

  • You can rest assured; all policies at Canada Protection Plan include a 10-day free look guarantee that gives policyholders ten days from the date they receive the policy to analyze and decide if that is the right insurance policy for them. If you choose to return the policy after ten days, we will refund your premium.

Additional no cost benefits that are included with every Preferred Elite Life Insurance plan

Every Preferred Elite Life Insurance plan consists of:

  • Terminal Illness Benefit: Upon diagnosis of a terminal illness, the owner of the policy is paid up to 75% of the death benefit to a maximum of $250,000

  • Transportation Benefit: If the owner of the policy has passed away more than 200 kilometres from their primary residence, we can help transport the insured's body.

Additionally, all policies at Canada Protection Plan may include numerous non-contractual member benefits offered by the company which underwrites our insurance policies, Foresters Life Insurance Company. The above-mentioned are just a few listed benefits. All benefits will be outlined when you receive your policy.

  • A document preparation service online helps create customizable wills, healthcare directives, and powers of attorney.

  • Scholarships for higher learning worth up to $8000

  • A scholarship worth up to $6000 annually for a renewable higher learning for four years for children of the insured deceased members.

  • Emergency grants to provide short-term, temporary financial assistance to members affected by significant personal hardship, disaster or large-scale emergency.

  • Upon the demise of both parents, a monthly payment for the children up to the age of 18

  • Confidential money management assistance providing financial help by accredited counsellors.

Additional benefits added to the PreferredElite Life insurance policy

Depending on the age of the policyholder, they are eligible for an additional premium if they purchase any of the below-mentioned other benefits:

  • Increase your coverage amount for a short period with a low-cost term insurance rider. The term can be for ten years, twenty years, or even twenty-five years. You can use the term rider of the 25-year plan to cover a reducing mortgage balance.

  • If the cause of death is accidental, the benefit will pay up to five times the basic life insurance death benefit.

  • Child Term Benefit: An insured child is eligible for $5,000, $10,000 or $15,000 each.

  • Hospital Cash Benefit: Upon hospitalization of the policyholder, a chosen benefit will be paid daily.

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Lalit Kumar

Mrs. Harpreet Puri is always friendly and professional and answers all of our questions with infinite patience. Helped us a lot in our health insurance. She is the best advisor.

Nippurn Kaushal

One of the best service provider in their field. I took a policy for my family and the plan I choose is the best and no other provider had that plan.Extremely satisfied by their services.

Baljeet Singh

Thank You so much for all of the work you did. I appreciated your prompt & honest communications as well as your efforts to make everything go smoothly. It was a pleasure to work with you.

Gurjinder Singh

Thank You so much for all of the work you did. I appreciated your prompt & honest communications as well as your efforts to make everything go smoothly. It was a pleasure to work with you.