★ POLICYME · REVIEW · CANADA'S DIGITAL LIFE INSURER · 2026

Life insurance in 15 minutes. Without a doctor.

PolicyMe is Canada's leading digital-first term life insurance broker. Application takes 15 minutes. Most healthy applicants under 40 are approved with no medical exam — just a digital questionnaire. Quotes ~$22/mo for $500K coverage on a healthy 35-year-old non-smoker.

15MIN TO APPROVAL · NO MEDICAL
★ HOW POLICYME WORKS DIFFERENTLY ★

vs Traditional Canadian Insurers

TRADITIONAL (Manulife, Sun Life)
  • 30-90 days from application to policy
  • Paramedical exam (blood, urine)
  • Doctor records requested + reviewed
  • Sold via brokers + agents (commissions)
  • Often 30-50% pricier for same coverage
POLICYME
  • 15-min online application
  • No medical exam for healthy applicants under 40
  • Approval typically same-day to 7 days
  • Direct-to-consumer (no broker fees)
  • Lower premiums via Canadian Premier insurer backend
★ FINE PRINT ★

The numbers

UNDERWRITTEN BYCanadian PremierEstablished insurer · A.M. Best A rating
TERMS AVAILABLE10/15/20/25/30yrLock for the full term
COVERAGE$100K - $5MWide range for any household
AVG QUOTE$22/mo35yo non-smoker, $500K, 20-year
NO-MEDICALUp to age 39Healthy applicants · most cases
RIDERS4 availableCI, child, waiver of premium, accidental
9.1/10
FINAL VERDICT

Best digital life insurance experience in Canada.

For healthy applicants under 40, PolicyMe is faster, cheaper, and less invasive than traditional insurers. If you need $500K-2M of term life and don't want a paramedical exam, this is the default starting point. Older applicants (45+) or those with health conditions may need a traditional broker.