Accidental Death VS No Medical

If there’s one thing we dislike the most in our industry, it’s when a client is turned down for insurance. There’s a common misconception that if you’ve been turned down for coverage in the past, the only insurance you will qualify for is an Accidental Death mortgage insurance policy. This could not be further from the truth when you utilize Broker Plus Insurance for your mortgage and insurance needs.

We can offer high-risk clients a FULL personal term insurance policy with our No Medical A-Z Life Coverage!

Accidental Death policies will only pay out if you were to pass away as the result of an accident, leaving your family without any coverage on natural causes.  As well, it is based on a declining balance and will only pay out the amount outstanding on a mortgage at the time of death.  No Medical Life insurance is just like a standard Term Life policy with one exception; there’s no paramedical information required! You may be surprised to know that No Medical life insurance doesn't have to cost “an arm and a leg.” With 4 rate classes based on risk, we have access to the best custom no medical insurance in the market today!

How Does No Medical A-Z Life Coverage Compare To Accidental Death?

As you can see, there are several benefits to looking at a No Medical policy compared to Accidental Death only. With the allowance of some pre-existing conditions, no paramedical exam and more robust coverage options; No Medical Insurance is definitely a better product to choose.

We are also excited to announce a new No Medical Express Elite product, which is suitable for relatively healthy clients. This product is perfect if your client leads a busy lifestyle, does not have time for a paramedical appointment, or perhaps they enjoy extreme sports such as skydiving that many insurance companies will not place a policy with. Whatever their reason is, we have the perfect product for your clients, which has a maximum of $500,000 coverage.

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator.