If you are in excellent health, based on your application, CDSPI Life Insurance approval can take as little as two weeks. This is a valuable feature if you are in a hurry and need life insurance to help secure a mortgage, practice loan or other large credit application.
You may be eligible for up to $1 million in coverage1 without medical tests with fast-track approval if:
- You are 50 or under;
- You are applying for Basic Life, Family Life or Term 100 Insurance;
- Your application meets all medical criteria;
- Your application form is completed in full.
You are also eligible to save on premiums with the AdvantEdge reduction for good health. These savings will continue for the length of your policy.
If you already have a CDSPI Basic Life Insurance plan, you can increase your coverage by up to $1 million. The total amount of Basic Life Insurance you can hold with CDSPI is $4 million.
Speak to a CDSPI Insurance Advisor2 to discuss if you are eligible for fast-track approval.
1Complete terms, conditions, exclusions, restrictions and limitations governing the coverages are found in the certificate booklet.
2Advisory services are provided by licensed advisors at CDSPI Advisory Services Inc. Restrictions may apply to advisory services in certain jurisdictions.
Basic Life, Family Life and Term 100 Insurance are underwritten by The Manufacturers Life Insurance Company (Manulife), P.O. Box 670, Stn. Waterloo, Waterloo ON N2J 4B8.