Dude, Where’s My Insurance?

In the words of Bob Dylan, “the times are a changing.” With marijuana now legalized in Canada, the smoke is starting to clear regarding how companies are rating those who smoke marijuana. Many companies have already made adjustments to their policies for those who consume marijuana, specifically, about smoker rates. For certain companies, those who consume under a certain amount of marijuana per week can now qualify for non-smoker rates!

Broker Plus Insurance is proud to offer mortgage insurance and term life products through Great-West Life and Western Life who both allow marijuana users to be eligible for non-tobacco status on an individual case by case basis provided that there has been no other use of tobacco products, nicotine or e-cigarettes in the previous 12 months. This new amendment is excellent news for those clients who may not have taken insurance because they “smoke a little bit of weed” occasionally or who may have turned down insurance in the past as they were afraid they would not qualify or did not want a rated policy.

Another one of our providers, Canada Protection Plan, enables clients who smoke marijuana up to four times a week to qualify for non-smoker rates! This policy is perfect for clients who are regular users of marijuana as it is very generous in the amount they are allowed to light up.

These clients are eligible for:

• Up to $1 million in coverage for standard issue.
• Up to $500,000 in coverage for our No Medical Products.
• Those 18-80 years old can apply.
• No medical exam, as the name implies, which is also beneficial for clients who may have a history of health conditions which may make them uninsurable under standard policies.

Insurance is something that everyone needs dude!
Contact us today to for more information!

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