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4.8 Stars
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Our Reviews

Excellent
4.8
Based on 416 reviews
Gail Campbell
Gail Campbell
Dornaz was very friendly and professional providing me with travel cancellation/interruption insurance.
hanne sajda
hanne sajda
I’m so happy in dealing with Ummi Hanny , she’s absolutely a star, she really helped me finding the right insurance for me.
Denise Morgan-Fell
Denise Morgan-Fell
Great travel insurance Dornaz was very professional.
A. Ron Algate
A. Ron Algate
Very pleasant, efficient and helpful
Brent Clayton
Brent Clayton
Very easy to set up policy on a ti.ely manner.
Nora from Aurora
Nora from Aurora
The cost quoted was definately comparable to other carriers. My only complaint is that you can never call and get a direct quote. You always have to leave a message and wait for a call back. I find that inconvenient. It took me 2 days to get a quote. It used to take less than 30 minutes.
pradeep mohapatra
pradeep mohapatra
Great service by Dornaz
Dennis Wright
Dennis Wright
Dealt with Sehar Bajwa for travel insurance coverage for Caribbean cruise.Dealt with her for previous policy as well.Was very pleasant and helpful in completing the application.
Noguts
Noguts
we dealt with Dornaz as our agent. Great service. First time using Alliance but will not be our last. Thank you
Gerald Berezuk
Gerald Berezuk
Dornaz was knowledgeable, professional, friendly and took the time to explain things clearly
Genry Garcia López
Genry Garcia López
Thanks to Mia Chen we were able to get our home insurance. She is very professional and safe.
Lily
Lily
I reached out to Alliance in my search to get travel insurance for an immigration visa for a family member. Ummi has been great throughout the process. She was available for all questions I had and assisted me in extending the plan as we had delays. I highly recommend her services as an insurance broker.Thank you Ummi!
Dee Tung
Dee Tung
Sehar Bajwa looked after all my travel insurance needs in the utmost professional mannerShe was very helpful asking the right questions to help get the insurance that was right for me. I will definitely call her for my next trip to Japan
James Francis
James Francis
To date everything promised was delivered. If we ever need to make a claim, I will update with our experiences
Pratibha Malavia
Pratibha Malavia
Sehar Bajwa helped me with buying travel insurance for my husband. She was amazing!! The process was fast and painless. This was first time buying travel insurance and I was little leery about it but Sehar was very helpful in answering all my questions and she was very patient and caring. Thank you Sehar for making it so easy for me and it was pleasure dealing with you.
Suzanne & Roy Cormier Palmer
Suzanne & Roy Cormier Palmer
A fantastic experience! Sehar could not have been more helpful and competent. It was a real pleasure with someone so efficient and patient. I have already recommended Alliance Income to some friends and directed them to Sehar. Great work! Keep it up!
Antonio Talanga
Antonio Talanga
Very knowledgeable and able to recommend the best insurance for the circumstances
Jan-Paul Landry
Jan-Paul Landry
Sarah, was very helpful in providing us with answers to our questions, and guiding us through our needs for travel insurance.
Chris Paveley
Chris Paveley
Excellent service from Ummi.
Dave Fabello
Dave Fabello
Sahar provided a detail of my coverage was very courteous allowed me to review! After a couple weeks later we reconnected to secure!Great experience!
hayam rozik
hayam rozik
Thank you Sehar Bajwa, prompt helpful and professional.
Janet Fountain
Janet Fountain
I got my out of country medical insurance assisted by Sahar. It was a pleasure workingwith her and will be contacting her for any future trips. Thank you Sahar.
Edgar Montano
Edgar Montano
Attended by Artmize, good customer service, puntual and very professional. Will continue making bussiness with her.
Kevin Rodger
Kevin Rodger
Sehar Bajwa was great and very knowledgeable. Sehar has been more than helpful over the last few years with my travel insurance needs. Thank you again Sehar.
Deb Knight
Deb Knight
Sehar was super to deal with! she called with clarifications and any questions. Very happy with our travel insurance purchase. Hoping if we need to use it will be clear and easy too. Thank you Sehar we appreciate you
Mary Crossan
Mary Crossan
Sehar Bajwa gave us a lot of attention over 2 days with a details sent by email and over the phone. We obtained exactly what we wanted for medical insurance for the trip. Thank you Sehar!!Mary Lou and Fred Crossan
Rachel Blouin
Rachel Blouin
I’ve dealt with Sehar for the last few years and she is knowledgeable and helpful when purchasing our insurance for our stay in Florida for the winter I highly recommend her
Faye Libler (MacGIRLver)
Faye Libler (MacGIRLver)
Sehar was wonderful to deal with while buying medical insurance for our winter in Arizona. We had been having trouble securing insurance for my husband because of some health issues and she found a company very quickly that would cover him. Of course we always hope not to have to use our insurance but if we do I hope it goes as smoothly as when we purchased. Thank you Sehar!
Linda
Linda
Sehar Bajwa always followed up and double checking all prices and providers for the best insurance to fit our needs. Very patient and thorough, highly recommend her expertise
Cindy Mathison
Cindy Mathison
Quick, reasonable and the broker, Sehar Bajwa was helpful, knowledgeable and kind.Thank you Sehar!
Donna Karjalainen
Donna Karjalainen
Sehar was a great help in sorting out my travel insurance, even while I was on the road, follow up was easy.Emergency medical and Trip insurance, got a great rate, tks again Sehar!
John Fantin
John Fantin
Service was excellent. Assisted in every way possible to clarify my needs.
Mikhael Chernitsky
Mikhael Chernitsky
I and my wife got travel insurance with help of insurance agent Sehar Bajwa. Tanks a lot for Sehar Bajwa for very professional and competent job.
Bandna Sawhney
Bandna Sawhney
Thanks Sehar for your knowledge and patience while I decided which package to take!! Well done!
Joy McDonell
Joy McDonell
I had a great experience with Sehar when purchasing my travel insurance.
Katiana Lo
Katiana Lo
Thank you Ummi, Alliance Income for her wonderful service, she was helping me with travelling insurance with professional manners, giving me options and advices that I felt very comfortable and confidence. The process was smooth and efficient, right after the phone call process, the policy was immediately delivered to my e-mail. I would recommend Alliance Income and agent Ummi. Thanks.
Pam Singh
Pam Singh
Spoke with Artmiz. Very knowledgeable and very professional. Answered all my questions.Would highly recommend her to family and friends...actually, I already did and my friend was very pleased with the service she received
Eklove Shatner
Eklove Shatner
My dealings with both Adam and Theresa were handled in a professional prompt manner giving me confidence in Alliance. I hope never to have the need to use my coverage, but I would hope that the experience would be as good.
Stephen J. Rushford
Stephen J. Rushford
Ummi was most helpful and informativewhen I purchased Trip Cancellation andInterruption coverage on September 19!
Joanne Hunt
Joanne Hunt
Amazing service! Nice to talk with a real person and not just online. Great at changing my insurance with no issues.
Geoff Stiles
Geoff Stiles
Artmiz was capable, responsive and punctual. A good experience!
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Why do I need Seniors Life Insurance?

If you are over 50 and still have financial liabilities that would pass on to those you care about after your passing, you should consider purchasing Seniors Life Insurance. Besides helping your loved ones to settle your financial obligations, your policy can also pay for your funeral expenses and provide tax-free financial support to your beneficiaries.

Seniors Life Insurance policies are purposely designed for older Canadians, so even if you have pre-existing medical conditions, our agents can help you find a suitable plan.

Can I get Seniors Life Insurance with pre-existing medical conditions?

Depending on the state of your health, you may choose between fully underwritten policies and simplified underwriting insurance plans.

 

Fully Underwritten policies are the standard Life Insurance plans designed for healthy individuals and have the lowest premiums. If your medical issue is not serious and well-managed, you may still qualify; our agents can help you determine if you are eligible for full underwriting.

 

Simplified Issue or Non-Medical policies do not require a medical exam. You will still be required to complete a medical questionnaire, and depending on your answers, your eligibility and your premiums will be determined. This is an excellent option if you have pre-existing medical conditions.

 

Guaranteed-Issue plans are hard to insure individuals who do not qualify for Simplified Issue policies. Such plans exist as an option for those with serious medical conditions that significantly raise their odds of passing away.

Is there an age limit for Seniors Life Insurance?

Most term policies expire at a maximum age of 85 and most insurance companies do not provide term-life coverage if the applicant is above the age of 75. Term policies guarantee a lump-sum payout to your beneficiaries if you pass within the agreed upon time period, or “term”.

 

While seniors below the age of 75 can likely qualify for any policy, if you are above that age, permanent Life Insurance (or Term 100) may be your only option. Such plans guarantee a lump-sum payout if you pass away at any age but have higher premiums.

What factors influence the price of Seniors Life Insurance?

Your insurance premiums will depend the most on your medical situation, age, lifestyle, gender, and whether you smoke or not. The state of your health will determine if you can qualify for a regular plan or will need to apply for a simplified underwriting policy; the latter would increase your premiums. The older you are and the more dangerous your lifestyle is, the higher the premiums. In general, women pay less than men due to higher life expectancy. Finally, smoking significantly impacts the price of your policy, so much as doubling your premiums.

Can I name multiple beneficiaries?

A beneficiary is an individual who receives the cash value of your death benefit. You will be required to name such a person when you purchase your Life Insurance plan. If you so wish, you can name multiple beneficiaries and divide the cash value of your policy among them either equally or according to a set percentage. If a beneficiary passes before you do, you can elect a contingent beneficiary in their stead. You may also elect a charity as a beneficiary.

Types of Seniors Life Insurance in Canada

The two main categories of Life Insurance are permanent and term insurance. Seniors can generally choose from the same types of plans as younger Canadians; however, term policies have age limits.

Term policies guarantee a lump-sum payout to your beneficiaries if you pass within the agreed upon time period, or “term”.

Permanent Life Insurance plans (including Term 100 policies) guarantee a lump-sum payout if you pass away at any age, but have higher premiums.

Plans can either be fully underwritten or issued through simplified underwriting.

Term Life Insurance

It can be purchased only when the applicant is below the age of 75 and is only issued until the age of 85. At the end of the agreed upon term, the coverage ends. Payout is guaranteed only if the insured passes away within the policy’s term. This type of Life Insurance is generally the least expensive.

Term 100 Insurance

It is essentially an upgraded version of Term-Life Insurance. It is considered a permanent insurance product and guarantees payout if the insured passes away at any time, while premiums are payable until age 100.

Participating Whole Life Insurance

It unlocks an investment component, allowing the insured to earn dividends, and increase coverage. Premiums from participating policies are pooled together and invested by the insurer, increasing their cash value. Insurer’s gains can be distributed to the policyholders through a yearly dividend, although it is not guaranteed.

Universal Life Insurance

Universal Life Insurance policies often have variable premiums that increase along with policyholder’s age. Such policies share the same characteristics as Participating Whole Life Insurance plans while providing extra flexibility. However, the policyholder is responsible for their investing which will influence the cash value of their policy.

How to Save Money on Life Insurance?

The best way to save money on insurance is to shop around and compare rates from different providers. This can be an exhaustive and time-consuming process. Thankfully, Policy Rates takes care of it for you! When you request a quote through our website, we check what rates you can get from every major Canadian insurer.

Policy Rates provides you with the lowest rates for the level of coverage that you desire from top insurance companies.

How to save money image of Policy Rates

Are You Healthy?

If you are healthy and can qualify for regular life insurance, apply for a fully underwritten policy to pay lower premiums.

Purchase Your Plan Early

Your age can significantly impact your premiums. Avoid higher rates by purchasing a policy before your next birthday.

Are You a Smoker?

Smokers can pay up to a 100% more for the same level of coverage. Consider quitting for a considerable reduction in your premium payments.

Renewing Your Policy?

Rates can change over time. Instead of renewing your plan, shop around for a new policy or consider converting your term plan to permanent Life Insurance.

Are You Healthy?

If you are healthy and can qualify for regular life insurance, apply for a fully underwritten policy to pay significantly lower premiums.

Purchase Your Plan Early

Your age can significantly impact your premiums. Avoid higher rates by purchasing a policy before your next birthday.

Renewing Your Policy?

Rates can change over time. Instead of renewing your plan, shop around for a new policy or consider converting your term plan to permanent Life Insurance.

Are You a Smoker?

Smokers can pay up to a 100% more for the same level of coverage. Consider quitting for a considerable reduction in your premium payments.

Seniors Life Insurance Quote Form

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