Protect Yourself — With Coverage That Fits Your Budget
At Citadel Financial Wealth Group (CFWG), we believe everyone deserves access to life insurance — even if they’ve been declined before or are dealing with health issues. That’s why we offer Guaranteed Issue Life Insurance — a fast, no-medical, no-question solution for Canadians who want peace of mind.
Guaranteed issue life insurance (also called No Medical Life Insurance) is a type of whole life insurance that you can qualify for without any medical exam and limted health questions.
It’s designed for Canadians who may be:
Over age 50
Living with pre-existing conditions
Have been declined for traditional life insurance
Or simply want quick, hassle-free coverage
Unlike traditional plans, acceptance is guaranteed — no matter your health history.
Approval is automatic. No doctor’s visits, no blood tests, no health forms.
Every Canadian within the eligible age range qualifies — even with serious medical conditions.
Monthly costs remain fixed for life — with smaller coverage amounts to fit most budgets.
It’s whole life insurance — meaning your coverage never expires as long as premiums are paid.
Quick approvals and faster processing for families when they need the funds most.
Once you’re approved (which is immediate), your policy will provide a tax-free lump sum payout to your beneficiary if you pass away — helping your loved ones cover:
Funeral and final expenses
Outstanding debts
Medical bills
Everyday living costs
Estate or legal costs
⚠️ Most policies come with a two-year waiting period: If death occurs in the first two years (non-accidental), your premiums are refunded — often with interest. After that, full coverage applies.
Coverage is subject to underwriting approval and varies based on the specific policy you select. The actual conditions covered, eligibility, and benefits will depend on the insurer’s final review and approval of your application. Terms, conditions, and exclusions may apply.
This plan is ideal for:
✔️ Seniors (ages 50 to 80+)
✔️ Individuals with serious or chronic illnesses
✔️ People with a history of being declined or rated
✔️ Those who want simple, fast, guaranteed coverage
Guaranteed issue policies typically offer $5,000 to $50,000 in permanent coverage — perfect for final expenses, basic estate costs, or leaving a small legacy.
For higher amounts, we can also explore simplified issue life insurance, which may only ask a few health questions but still skips the medical exam.
| Feature | Guaranteed Issue | Simplified Issue | Traditional Life Insurance |
|---|---|---|---|
| Medical Exam Required? | ❌ Never | ❌ No | ✅ Yes (in most cases) |
| Health Questions? | ❌ None | ✅ Minimal | ✅ Full medical review |
| Coverage Amounts | $5,000 – $50,000 | $5,000 – $500,000+ | $100,000 – $5,000,000+ |
| Waiting Period? | ✅ 2 years (usually) | ✅ Sometimes | ❌ Immediate in most cases |
| Approval Time | Instant | 1–3 days | 4–6 weeks |
| Best For | High-risk individuals | Moderate health risks | Healthy individuals |
Check your price: no commitment, just quotes!
Apply online when you’re ready.
Licensed Canadian advisors are available by phone Monday to Sunday.
Give us a call at: +1 (877) 273-5614
Our advisors care, so there’s no pressure or upselling.
Yes — guaranteed issue life insurance is designed for Canadians who have been declined due to medical reasons.
Most policies will refund 100% of your premiums paid (often with interest) unless death is accidental, in which case the full benefit may be paid.
No. Just like traditional life insurance, the payout is 100% tax-free to your beneficiaries.
Yes, you can cancel your policy, but coverage ends and no refund is issued unless you cancel within a grace period or qualify for a premium return feature.
Understanding Funeral Insurance: A Simple Guide for Canadians It’s not easy to think about, but planning ahead is the greatest gift you can give your loved ones. Get My Quote TL;DR: What is Funeral Insurance in Canada? Funeral insurance is a small life insurance policy designed to cover your end-of-life
What Life Insurance Doesn’t Cover in Canada Know the facts to keep yourself and your loved ones safe— at a competitive rate. Get My Quote TL;DR: What Life Insurance Doesn’t Cover Life insurance doesn’t cover everything — claims can be denied for suicide (within 2 years), undisclosed health conditions, missed
© 2025, Citadel Financial Wealth Group (CFWG). All rights reserved. Citadel Financial Wealth Group is a licensed insurance brokerage in Canada, proudly serving individuals, families, and businesses across the country.
CFWG offers life, health, and group insurance products through partnerships with many of Canada’s leading insurers. Insurance policies are subject to underwriting approval and may include limitations, exclusions, or waiting periods. Always refer to your official policy documents for complete terms and coverage details. In the event of any conflict, your policy contract will take precedence over information presented on this website or in any CFWG print or digital content.
CFWG is licensed and operates in the following provinces and territories:
Ontario (FSRA #36494M)
Alberta (License #5-11164367-2020 & 6-11164367-2020)
British Columbia (License #2022-0036740-R01)
Saskatchewan (License #09178)
Newfoundland and Labrador (License #23-78-CI090-1)
New Brunswick (License #210031147)
Nova Scotia,(License #2333071070000)
All pricing comparisons displayed on this website are based on current publicly available rates and may vary based on your health, age, coverage amount, and insurer. Timeframes for approval and policy issuance may vary depending on your application and underwriting requirements. In some cases, additional documents or medical examinations may be necessary.
Head Office:
150 King Street West, 2nd Floor, Suite 335
Toronto, Ontario M5H 1J9, Canada
