CWCC

LIFE INSURANCE

Simplified issue life insurance

A contract issued without a medical exam. In place of the exam there is a short list of health questions, and the answers written on that form decide whether an insurer issues the contract.

What decides a simplified issue contract

  • The health questions are the underwritingThere is no exam, so the answers carry the whole decision. An answer that is inaccurate or incomplete can be reviewed at claim time.
  • The amount available is cappedAn insurer accepts a narrower risk without an exam, so the size of the contract offered stays well below what full underwriting can reach.
  • A decline does not close the fileInsurers do not ask the same questions and do not read the same condition the same way. The wording of the question matters as much as the condition itself.

Send this to a licensed advisor

Three questions

Your answers travel with the enquiry so the first conversation starts further along.

Send this to a licensed advisor

So we can confirm the appointment.

An advisor has to be licensed where you live.

Optional.

One more question
Are you a Financial Security Advisor or a life insurance agent?

Either answer is welcome. A conversation with a fellow licensed professional is arranged separately from a conversation about your own coverage.

Privacy notice (Law 25 / PIPEDA)

Information submitted through this form is used solely to respond to your enquiry. It is not sold and is shared only as described in our Privacy Policy. Privacy Officer: Mona Haddad, info@cwcc.ca, 514-875-9444.

In plain language: what you write here is used to answer you, nothing more.

A simple check to keep automated spam out, not a tracking tool.

A licensed advisor replies within one business day. Nothing is owed, and nothing is sold on this page.

No price appears on this page, and none is sent by email. What a contract costs depends on the person and the design, and no honest figure can be produced from three answers.

Jose Salloum, Financial Security Advisor

The cornerstone guide

Start here: the whole strategy in one page

What it is, how it works in Canada, what it costs, what it risks, how long it takes and who it does not suit.

Read the guide

Other products

A thirty-minute discovery meeting

A first conversation establishes whether this fits. No illustration is prepared and nothing is arranged.

Often the answer is no, and you will hear it during the call rather than in a proposal afterwards.

So we can confirm the appointment. An advisor has to be licensed where you live.
Are you a licensed insurance or financial professional?
Meetings with fellow licensed professionals are arranged separately. Either answer is welcome.

You are writing to Canadian Wealth Creation Centre Inc., Laval, Quebec. We reply to the email address you give above, usually within one business day, to arrange a time. This arranges a conversation. It is not advice and nothing is being sold here.

We do not sell or share your address. Consent is required by the Canadian Anti-Spam Legislation and is never assumed.

About the author

Jose Salloum, Financial Security Advisor

Jose Salloum is a Financial Security Advisor (Conseiller en sécurité financière) licensed by the Autorité des marchés financiers in Quebec, by the Financial Services Regulatory Authority of Ontario, and by the Insurance Council of British Columbia. Licensed since 2001, he works with Canadian families, business owners and incorporated professionals.

He is the founder of Canadian Wealth Creation Centre Inc. (CWCC), registered with the AMF, and of its educational branch IBCFinancial.com. He holds the Infinite Banking Concepts® Authorized Practitioner certification from the Nelson Nash Institute, a private certification rather than a regulatory licence.

CWCC is not registered with CIRO and does not provide securities advice. This page is general education and not advice on any individual file.

Read the full biography

Important disclosures

  1. This page is education, not advice. The content is general information prepared by Canadian Wealth Creation Centre Inc. It does not take your circumstances into account and is not a recommendation to buy, hold or cancel any contract. CWCC is not registered with CIRO and does not provide securities advice. The firm places insurance in Quebec, Ontario, Alberta, British Columbia, Manitoba and New Brunswick; clients elsewhere are served by advisors licensed in their province.

    Nothing here was written with your file in front of us. Read it to understand the subject, then judge it against your own situation, ideally with someone who is licensed where you live and who has seen your numbers.

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