Assurance vie pour nouveaux arrivants
Assurer sans crédit ni historique médical canadien, options sans examen médical
New Canadians often arrive without life insurance, believing it requires Canadian credit history or permanent residence. Neither is true.
1. The protection gap
42% of Canadians have no life insurance, and new Canadians are over-represented in that group — often because no one quotes them, not because they are uninsurable.
A term policy is especially important after major commitments like a mortgage or a new baby.
2. What actually drives your rate
Carriers price on age, sex, smoking and health — not on your credit score or how long you have lived in Canada. A landed immigrant with a clean health profile gets the same rate class as a Canadian-born applicant.
A Canadian bank account or SIN is not required to get a quote; you will need ID and, at binding, a Canadian mailing address and bank account for premium payment.
3. How to apply
Most applications need only a medical questionnaire for coverage under ~$1M. Some carriers offer simplified issue with no medical exam — ideal if your medical records are still abroad.
A licensed bilingual advisor can walk you through the paperwork and the two-year contestability period, so there are no surprises at claim time.
Questions fréquentes
Do I need a SIN to buy life insurance?＋
No. SIN is not required for quoting or applying; insurers verify identity with other ID and check medical history with your consent.
Can I buy life insurance without a medical exam?＋
Yes. Simplified-issue policies exist up to certain limits with only health questions. Full underwriting usually still gives the best rate for larger coverage.
Will claims be paid if I die in the first two years?＋
Yes, if the application was truthful. The two-year contestability period lets insurers review misrepresentation; honest applications are paid.