No-Medical Life Insurance in Ontario

For an example profile (35-year-old female, non-smoker, $500,000 Term 20), Instasure’s model estimates roughly $27.00–$38.00/mo as of October 2026. Your price depends on answers to health questions, age, coverage amount (limits apply) and the insurer — get an instant personalised estimate, then a licensed advisor confirms real insurer quotes.

Yes. Individual life, critical illness and disability policies stay in force if you move within Canada — just update your address with the insurer. Health and dental plans may re-price by province.

Financial Services Regulatory Authority of Ontario (FSRA). FSRA licenses life agents (LLQP) and accident & sickness agents; property & casualty brokers are licensed by the Registered Insurance Brokers of Ontario (RIBO). Complaints about insurers can be escalated to the General Insurance OmbudService (home, auto, business) or the OmbudService for Life & Health Insurance.

Simplified- and guaranteed-issue policies cost more because the insurer knows less about your health. If you are healthy, an exam-waived fully underwritten policy can cost the same as traditional coverage — which is why comparing routes matters.

Most guaranteed-issue policies in Canada pay only a refund of premiums (sometimes with interest) if death from natural causes occurs in the first two years. Accidental death is usually covered from day one.