Life Insurance Goes Online and Contactless

As we are all coping with uncertain health and economic times due to Covid-19 we wanted to bring to your attention that life insurance companies have responded by making underwriting easier and contact-free. Life insurers are now accepting a telephone medical interview in lieu of the more intrusive in-home nurse medical exam. Applications can be done over the phone and signed for electronically. In addition, the issued policies can be delivered and signed for electronically.

The reason we are reaching out to you is to let you know that if you had been contemplating purchasing a new policy or adding to you existing policy now may be the time to make that purchase. Sunlife recently increased their rates by 25% in the near term to make up for the lower interest rates and returns on investment. The others are likely to follow suit in the near future.

If you are considering life insurance to cover your mortgage, insure your income, protect your kids, or pay final expenses, the right time to apply may be now. Feel free to contact us to get a life insurance quote in only a few minutes. Please contact our life specialist Sanjeev Katoch at 604-424-8839 OR Cel: 604-783-1451.

Stay safe.