Reasons Why People do not Buy Life Insurance here in Canada

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By Lorne S. Marr


Lorne S. Marr
Lorne S. Marr

Life insurance creates the base of most financial plans, yet so many continue to put it off and, for the past two decades, we've been wrestling with that million dollar question, "Why?"


  • They think they're too old. Many are unaware that most Canadian insurance even after reaching the age of 85 For sure there is no need to hesitate due to your age.
  • They think they're too sick. However, many Canada life insurance policies are available without a medical test and many others only require a bunch of basic health questions. Besides, many clients who have a history cancer, heart attack or stroke in the family can still obtain life insurance in Canada. Try to visit our Non-Medical Life Insurance Page for a free quote.
  • It's too expensive. Wrong, life insurance premiums can easily remain under $15 a month
  • There's no need for life insurance. Even in cases where you have no debt burden with no dependents, Life insurance can be an effective way to take care of final expenses. When you do havewith no dependents and/or debt, life insurance is a great way how to create instant liquidity when you and your family need it crucially.
  • I don't understand it. You're absolutely right. Life insurance can be pretty complicated, but with my team of professional brokers we can help simplify the process for you. Even easier option is to visit our Instant Life Insurance Needs Calculator to find out exactly what amount of life insurance you need.


Buying a life insurance is important step in financial life. Everybody should be careful, on the other hand all pros and cons should be considered.

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