Simpler is Better.
Simplified Issue
- Simplified underwriting process, with no medical requirements, no fluid analysis and no regular underwriting, subject to MIB file check (Medical Information Bureau).
- No eligibility questions about many frequently observed medical conditions or lifestyle habits.
- High-quality life insurance solutions designed to offer the most coveted features and guarantees on the market.
- All our life insurance products are accessible through a simplified underwriting process, depending on the insurance amount selected.
- We will reconsider applications that have been declined, modified, deferred or rated by other carriers if the client meets our eligibility criteria.
Consult what sets us apart for children 15 days to age 15
Consult what sets us apart for adults aged 16 to 80
Simplified Issue—Express
All our term and Whole Life insurance products are available in Simplified Issue—Express when the insurance amount requested is $150,000 or less.
The insurance amounts available range from $10,000 to $150,000 for all our products, with the exception of Term Superior+ 10 years and Term Superior+ 15 years life insurance, which starts at $25,000.
Coverage may be combined within the same contract, as long as the total insurance amount requested is $150,000 or less:
- Basic Term Superior+ coverage with a Term Superior+ rider of different duration
- Basic Whole Life insurance coverage with a Term Superior+ rider
Children Products
- Deposit amount: $100,000
| Product | Ages |
|---|---|
| Adaptable | 15 days to age 15 |
| Whole Life High Values | 15 days to age 15 |
| Life Insurance and Critical Illness | |
| Juvenile 30/100 | 15 days to age 15 |
Consult Juvenile 30/100
Consult Term Superior+
Adult Products
| Product | Ages |
|---|---|
| T-10 and T-15 | 18 to 65 |
| T-20 | 18 to 65 |
| T-25 | 18 to 60 |
| T-30 | 18 to 55 |
| Adaptable | 16 to 75 |
| Whole Life High Values | 16 to 75 |
| Whole Life Pay to 100 | 16 to 80 |
Consult Adaptable
Consult Whole Life High Values
Consult Whole Life Pay to 100
Children 15 days to age 15
Consult the Eligibility Questionnaire
- If the answers to questions 2 to 9 are all answered NO, the insured is eligible.
- If at least one answer is answered YES, the insured is not eligible for Simplified Issue—Express.
Adults aged 16 to 80
Consult the Eligibility Questionnaire
- If the answers are all answered NO, the insured is eligible.
- If the question 1 in section B is answered YES, the insured is eligible, but the smoker’s rate will apply.
- If questions 7-A, 7-B or 7-C in Section B are answered YES, all sub-questions must be answered NO for the client to be eligible.
- If question 9 in section B are answered YES, all sub-questions must be answered NO for the client to be eligible.
- If any other question is answered YES, the insured is not eligible for Simplified Issue—Express.
Simplified Issue—Immediate
For insurance amounts exceeding the limits of Simplified Issue—Express, Simplified Issue—Immediate offers a suitable solution for $150,001 and over.
The insurance amounts available for Term Superior+ in Simplified Issue—Immediate are as follows:
- $150,001 to $499,999 for adults aged 18 to 45
- $150,001 to $350,000 for adults aged 46 to 55
- $150,001 to $250,000 for adults aged 56 to 65
Coverage may be combined within the same contract, as long as the total insurance amount requested does not exceed the maximum limits set out above, depending on the client’s age:
- Basic Term Superior+ coverage with a Term Superior+ rider of different duration
- Basic Whole Life insurance coverage of $150,000 or less with a Term Superior+ rider
Simplified Issue—Immediate applies exclusively to Term Superior+ life insurance. However, it is possible to design a contract combining basic Whole Life insurance coverage (up to $150,000) with a Term Superior+ rider. The total insurance amount requested must comply with the maximum thresholds set for the Simplified Issue—Immediate.
| Product | Age at Issue |
| Term Superior+ 10 years, 15 years and 20 years | 18 to 65 |
| Term Superior+ 25 years | 18 to 60 |
| Term Superior+ 30 years | 18 to 55 |
Whole Life insurance products (Adaptable, Whole Life High Values and Whole Life Pay to 100) with an insurance amount of $150,001 or more will be subject to Regular Underwriting and are not available in Simplified Issue—Immediate.
Consult Term Superior+
Adults aged 16 to 65
Consult the Eligibility Questionnaire for ages 16 to 65
- If the answers are all answered no, the insured is eligible.
- If the question 1 in section B is answered YES, the insured is eligible, but the smoker’s rate will apply.
- If questions 7-A, 7-B or 7-C in Section B are answered YES, all sub-questions must be answered NO for the client to be eligible.
- If question 9 in Section B is answered YES, all sub-questions must be answered NO for the client to be eligible.
- If questions 16 or 17 in Section C are answered YES, the sub-questions will determine the eligibility for an adjusted premium.
- If question 22-A in Section C is answered YES, the sub-questions will determine the eligibility for a standard premium.
- If any other question is answered YES, the insured is not eligible for Simplified Issue—Immediate.
Discover the Credit Insurance Rider
By combining life insurance with the UV Insurance Credit Insurance Rider, your clients benefit from coverage in the event of total disability or death anymore. This coverage enables them to meet their financial obligations while focusing on what’s most important: their recovery.
The Credit Insurance Rider can be added to Term Superior+, Adaptable, Whole Life High Values or Whole Life Payable to 100 coverage with a minimum insurance amount of $20,000.
Age at Issue
From age 18 to 55, the insured is eligible for a 2 year benefit, offered under Simplified Issue—Express, Simplified Issue—Immediate or Regular Underwriting.
From age 18 to 55, the insured is eligible for a 5 year benefit, offered under Simplified Issue—Immediate or Regular Underwriting.
From age 18 to 60, the insured is eligible for a benefit up to age 65, available only under Regular Underwriting.
Eligible Professions
Some professions are limited to a maximum benefit period of 2 years or may be ineligible (see pages 13 to 15 of the Practical Guide).
Eligibility for Personal Debts
- Have earned an average annual gross income over the last 2 years equal to or greater than $11,000.
- Be employed or self-employed and working full time (or at least 20 hours per week and 9 months per year) or in parental leave from this same work.
- Have held the same job or a job in the same field for at least one (1) year, except in the case of recent college or university graduates, if they are working in a profession related to their field of study.
Eligibility for Commercial Debts
- The insured must hold at least 25% of the company’s shares.
- The insured must work for the company.
- The business must have a maximum of eight (8) employees.
Insurance Amount
- Minimum: $300 per month
- Maximum: the lesser of $3,500 per month or 1.5% of the insurance amount
Waiting Period
- 30 days if total disability is the direct result of an accident, hospitalization of more than 18 hours or day surgery
- 90 days (retroactive to the 31st day) for all other causes of total disability
Duration of Benefits
- Simplified Issue—Express: 2 years
- Simplified Issue—Immediate: 2 or 5 years
- Regular Underwriting: 2 or 5 years, or up to age 65
Termination of Coverage
The Contract anniversary date closest to the insured’s 65th birthday.
For Simplified Issue—Express and Simplified Issue—Immediate, only the eligibility questionnaire needs to be completed. There are no additional medical requirements, which means faster underwriting for your clients.
Simplified Issue—Express
- If all answers are negative, the insured is eligible for the Simplified Issue—Express Credit Insurance Rider.
- If questions 6-A, 6-B or 7-A (in the case of a reduction in dosage) are answered YES, the rider will be transferred to underwriting, and further details will be requested by our team. After analysis, two decisions are possible: acceptance or decline.
- If any other question is answered YES, the insured is not eligible for the Credit Insurance Rider Simplified Issue—Express.
Simplified Issue—Express offers no exclusions.
Simplified Issue—Immediate
- If all answers are negative, the insured is eligible for the Simplified Issue—Immediate Credit Insurance Rider.
- If questions 4-A, 4-B, 4-D, 5-A, 6-A, 6-B, 7, 8-A, 8-B or 9-A (in the case of a reduction in dosage) are answered YES, the rider will be transferred to underwriting. Our team may request further details. After analysis, three decisions are possible: acceptance, acceptance with exclusion or decline.
- If any other question is answered YES, the insured is not eligible for the Credit Insurance Rider Simplified Issue.
Regular Underwriting
The answers provided by the insured as part of the Regular Underwriting process will be carefully analyzed by our underwriting team to determine eligibility. Additional information may be requested if necessary before a decision is made.
Consult Eligibility Questionnaire—Simplified Issue—Express
Consult Eligibility Questionnaire—Simplified Issue—Immediate
Useful Information
UV Insurance offers a wide range of additional coverages designed to enhance your clients’ life insurance coverage.
- Credit Insurance Rider
- Child Rider (Life Insurance)
- Accidental Fracture
- Accidental Death and Dismemberment
- Waiver of Premium in the event of total disability
- Waiver of Premium in the Event of Total Disability or Death
- Waiver of Premiums in the Event of Loss of Employment
Consult Summary of additional coverages
Consult Eligibility Questionnaire—Additional Coverages
My Universe is UV Insurance’s secure portal giving you access to the illustrator and the electronic application. The illustrator can also be accessed in guest mode, without authentication, from the same page.
If you prefer to submit an application in paper or PDF format, you can use the interactive on-screen version. Make sure you attach the relevant eligibility questionnaire, either for Simplified Issue—Express or Simplified Issue—Immediate., or print it out. Make sure you attach the relevant eligibility questionnaire, either for Simplified Issue—Express or Simplified Issue—Immediate.
Need some help with our tools?
1-800-567-0988, ext. 2031
[email protected]
Please be advised of the importance and necessity of providing complete and accurate information about the contract owner’s insurance history when submitting an application. This is vital for a number of reasons, including transparency, risk management and fraud prevention.
In Simplified Issue, the section of the application regarding the insurance history is not part of the eligibility questionnaire. Instead, it helps to identify any inconsistencies in the contract owner’s statements, when the MIB file is systematically checked by our Underwriting department.
To document your file thoroughly and avoid subsequent changes, it’s crucial that all the information you provide is as accurate and complete as possible.
Possible Scenarios Following MIB Check
If the MIB check is negative, the application can be quickly accepted within a few hours to a few days.
If the MIB check is positive, but not related to our eligibility questions, the application can be quickly accepted within a few hours to a few days.
If the MIB file check is positive and reveals inconsistencies with our eligibility questions, the underwriting team will get in touch with you to obtain clarification to justify certain answers given by the insured.
The duly completed and signed notice of replacement can be attached directly to the electronic application, avoiding the need to send it by email.
If not enclosed at the time of submission of the application, receipt of the notice of replacement duly signed by the contract owner and the advisor will be a necessary delivery requirement for the contract to come into effect.
The notice of replacement can also be submitted by email to the following address: [email protected].
An annual discount of $15 or a monthly discount of $1.35 is available when at least two eligible contracts are in effect, including the first contract.
- The discount is guaranteed for the duration of the contract, even if one of the contracts is subsequently cancelled.
- The multi-contract discount is automatically applied when an insured has basic coverage with a Term Superior+ rider. In this instance, checking the multi-contract discount box will not affect the premium, as the discount is already included.
Early Learning and Juvenile 30/100 are not eligible for the discount.
The discount can be applied directly in the illustrator, by checking the appropriate box, if the criteria are met:
- Personal contract: apply for the multi-contract discount if the same address is used for all contracts (insureds, owners and payers) and there is a link between them (parent, partner or children).
- Business contract: apply for the multi-contract discount if the same address is used for all contracts (owners and payers) and there is a business relationship between the insureds (associates).
The multi-contract discount may also be applied when an eligible contract is already in effect with UV Insurance, provided it is in payment of premium (not paid up), excluding Early Learning.
You can request the age conservation by changing it in the Age in the contract box of the illustrator. The premium calculated will be based on the previous age, rather than the age at the nearest birthday, and premiums must be paid from the earlier effective date. At the time the contract comes into force, we will inform you of the total amount to be paid for the first premium if age conservation has been requested.
Life Insurance
You can set the effective date of the contract no more than 6 months earlier.
Joint First-to die
The age conservation will apply to all insureds in the application. You cannot apply the age conservation to a single insured.
Simplified Issue contracts are available exclusively to Canadian citizens and permanent residents. Anyone holding another status in Canada is not eligible.
All UV Insurance Whole Life insurance products are eligible for conversion to Term Superior+ life insurance:
- Adaptable (with Chapter A equal to Chapter B)
- Whole Life High Values
- Whole Life Pay to 100
Conversions take place on the monthly anniversary date of the contract.
Conversion—$150,000 and Less
If the original contract was submitted as a Simplified Issue, the premiums for a conversion of $150,000 or less are available in the My Universe portal illustrator.
You can submit the conversion application:
- Electronically, by checking the appropriate box in the illustrator
- By paper or PDF application
Conversion—$150,000 and More
For conversions of $150,001 or more, please reach out to us:
1-800-567-0988, ext. 2031
[email protected]
Any questions?
Reach out to our team