Guaranteed Issue Life Insurance Policy Conditions


How the Policy is paid

Subject to the terms and conditions outlined under this policy, we will pay the death benefit if:

  • The insured person dies after two years of this policy, or an accidental death as covered under the accidental death condition as laid out in the policy documents.

  • Death that occurs within the first two years will be subject to a refund of premiums.

  • If the insured person dies after two years of this policy and the death is an accidental death, four times the death benefit will be paid out as set out in the policy schedule.



There are only two requirements in order to qualify for protection under our Final Expense Insurance plan:

  • You are between the ages of 18 and 74;

  • You have a home address within Canada.

Under this plan, there are no medical requirements​ to get coverage, and you cannot be denied for coverage due to a health issues if you meet the above criteria.

That means you can receive full coverage even if:

  • You have a serious health issue that other insurers would deem "uninsurable";

  • You have been denied for life insurance for any reason, health or otherwise;

  • You're a smoker, you're overweight or have other "risk" factors that insurers rate you for;

  • You are not a Canadian citizen. As no SIN is required, this plan is perfect for newly-landed residents.



  • Acceptance is guaranteed: As long as you're between 18 and 74 and have a Canadian residence - your application cannot be denied for any reason.

  • Coverage to Age 100: No premature cancellations that leave you high and dry without essential coverage.

  • Instant Issue​: No appointments are required to apply for this insurance. From searching for quotes to receiving your policy, the entire application can be completed at your convenience, from the comfort of your own home.

  • Additional Protection: Benefit from Accidental Death coverage, providing up to four times benefits for your family at no additional cost.

  • 30 Day Review Period: Take 30 days to review your policy and if you are not completely satisfied you can cancel and receive a full refund of premiums.

  • No Citizenship Required: New to Canada? This plan offers protection where other insurers would require that you wait several years before you can apply.

  • Tax-Free Benefits: Your insurance goes the extra mile in securing your final affairs as benefits are paid tax-free, directly to who you trust most.

Policy Exclusions

he basic death benefit will not be paid under the following circumstances:

  • Death that occurs, within 2 years from the effective date or latest reinstatement and is not an accidental death will be subject to no benefit payments. A full refund of premiums will occur.

  • The insured person commits suicide, while sane or insane, within 2 years from the effective date or latest reinstatement.

  • If this policy is declared void due to a material omission, misrepresentation or in the event of fraud.

Please note that, aside from cases of fraud, if the policy is declared void the insured's beneficiary is entitled to a refund of premiums from the effective date of the policy or the date of its latest reinstatement.


If you have any questions or wish to withdraw your consent to the collection, use, or disclosure of your personal information, please contact Copperstone Financial Group Compliance Officer at the following address: 
Att: Compliance Officer at Copperstone Financial Group.  
212 Commercial St., Berwick NS B0P 1E0  1-800-363-3043.