In Canada, non-medical insurance options are available for those who require coverage beyond the universal healthcare system. For instance, no medical life insurance policies provide a solution for individuals who may not qualify for traditional insurance due to health issues. These policies can be categorized as guaranteed acceptance life insurance, accelerated issue life insurance, or simplified issue life insurance, offering a range of coverage without the need for a medical exam.
Additionally, non-citizens, including temporary residents and visitors, have specific pathways to access healthcare services, which may involve private health insurance plans to cover medical expenses during their stay.
Non-medical insurance in Canada offers an easier underwriting process, which can be beneficial for those with pre-existing health conditions or previous insurance application rejections.
It provides a faster completion process for obtaining coverage, avoiding the need for medical examinations or blood work.
This type of insurance is more accommodating for individuals who have had prior health considerations, making it accessible to a wider range of people.
Non-medical insurance plans often do not require face-to-face interactions, which can be advantageous for those who prefer online or remote dealings.
Additionally, non-medical insurance can supplement income for serious injuries or illnesses that prevent one from working, and cover medical expenses while travelling overseas.