Standard Protection

Combining coverage amounts up to $300,000 with simplified underwriting, the standard protection plan provides substantial lifelong coverage with a fast and straightforward application process that gets Canadians covered faster.

  • Eligibility​
There are three requirements to qualify your clients for coverage under Standard Protection:
  • 1 They are between the ages of 18 and 70;
  • 2 They are a Canadian resident; and
  • 3 They can answer NO to 13 qualifying health questions.
Clients may be eligible to buy this policy even if:
  • They have been deferred, postponed, or declined insurance for any reason;
  • They have severe or terminal health issues that may render you otherwise uninsurable;
  • They are a resident of Canada, even if you are a landed immigrant and otherwise not a Canadian citizen.
  • Coverage
If your clients are between the ages of 18 and 70, they can apply for coverage of any amount, from $1,000 up to $300,000.
During the first two years of coverage, your client’s benefit is equal to a total sum of premiums paid plus 10% simple interest in lieu of the sum insured. After this two year period, full benefits are payable equal to the coverage stated.
  • Benefits
  • Simplified coverage
Only 13 qualifying health questions are required to receive coverage, with no questions about family history or travel intentions.
  • Lifetime coverage
Coverage lasts for a lifetime with premiums payable until age 100. Premium rates will never increase during the life of the policy.
  • No citizenship required
The life insured needs to reside in Canada to qualify, making this plan a suitable fit for applicants without citizenship or who are proceeding on the path to Canadian citizenship.
  • Instant issue
Specialty Life's fast application process can be completed entirely online, and we will provide your client with an issued policy in as little as one business day.
  • Premiums
Premiums for coverage are determined by the applicant’s gender, date of birth, smoking status and coverage amount selected. These premiums will remain level for the life of the policy.


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