| Over 50 Life Insurance Online Quote Important Information for Canadian SeniorsIf you are reasonably healthy why not get your own cheap life quote based on your health rather than a guaranteed permanent quote that assumes you are not healthy. For example, a typical $15,000 guaranteed permanent life insurance quote would be $255 per month for a 70 year old male if it is a guaranteed issue policy. On the other hand, a standard life quote for $25,000 (75% or more would qualify) would be only $99 per month for a healthy person.. By the way, if you are taking medication to control blood pressure or cholesterol levels and it is working you will likely qualify for standard issue. How many men or women at age 70 are not taking something?Let a professional agent like me go to work for you to get a cheap life insurance quote based on your personal health situation. We have access to dozens of companies who would like to provide an online quote for you. Check me out before you apply for the guaranteed life insurance quotes offered on the TV or newspapers. ALL CANADIANS: 1. .Add up all the life coverage that you own including term life, mortgage protection, group life, and business life insurance including coverage on personal and business loans. 2. Add up what you pay for all the premiums and arrive at either a monthly or annual total. 3. On the quote form Click on the “Press to Instantly Compare 35+ Canadian Companies” button and you will get back an anonymous instant quote from dozens of major Canadian companies. Compare this low cost life rate to what you are paying for all your term life, mortgage mortgage protection, business life, and group life insurance combined. Get A Quote Now. 4. If your insurance savings are significant (over 50% should have significant savings and many are over 40%), complete the next form and we will call you to confirm if you will qualify for these savings and arrange a time for you to complete an application if you choose to proceed. You are in control. If you do not do this last step, we will have no personal record of your visit and you will not be contacted.Are you curious – the insurance quotes are completely anonymous, (not to mention cheap!) Business Owners – Maximize Your Savings.A recent business client was paying over $220 for life insurance of $150,000 on their business line of credit with three shareholders. They are now paying less than $100 per month for this policy. Do you have a line of credit where you are also paying for life coverage? Look at your bank statement and then get a 10 year term quote. Term Insurance – Avoid the Bank HassleWhen mortgages are renewed, you usually renew your insurance at the same time and if you have had a serious illness in that time, banks usually classify you uninsurable. The bank can then decline the mortgage insurance. Let me tell you of a lady who lost her home when after they renewed their mortgage policy, her husband subsequently had a heart attack and it was not disclosed although she claims the bank never asked. The bank refused to pay any money when he died six months later and she lost her home.If you renew your mortgage through a different bank or credit union to take advantage of a lower interest rate, you can not take your bank mortgage insurance with you; you have to re-apply at an older more expensive age bracket.A bank’s mortgage premium can change when you renew the mortgage – usually the term on a mortgage is 3 to 5 years although it could be amortized over 20 to 25 years. Ask to see the rate schedule – it will likely have different rates divided into 5 year age groups – e.g. 35-40;40-45. |
