PolicyMe

Services Offered

Term Life Insurance

PolicyMe specializes in affordable, digital-first term life insurance for Canadians. Their online platform allows applicants to get a quote in minutes, apply from home, and often receive instant approval.

Coverage amounts: Up to $5,000,000
Term lengths: 10, 15, 20, 25, or 30 years
Medical exams: Rarely required (only for high-risk applicants or higher coverage levels)
Family perks: Free $10,000 child coverage included and a 10% couples discount
Underwritten by: Canadian Premier Life Insurance (Securian Canada), a trusted Canadian insurer

Best for: Families, couples, and individuals who want affordable protection during their prime earning years (mortgage, kids at home, etc.).

GET A QUOTE FOR TERM LIFE INSURANCE

Critical Illness Insurance

PolicyMe offers critical illness insurance that provides a tax-free lump-sum payment if you are diagnosed with one of 44 covered conditions, including cancer, stroke, or heart attack.

Coverage amounts: Up to $1,000,000
Unique feature: Includes coverage for early-stage cancers and conditions (more than many competitors)
Simplified application: Most decisions made instantly online
Flexibility: Coverage periods from 10-30 years

Best for: Canadians who want financial security to cover medical bills, lost income, or lifestyle changes if they face a major illness.

GET A QUOTE FOR CRITICAL ILLNESS INSURANCE

Health and Dental Insurance

PolicyMe also provides individual health and dental insurance for Canadians who don’t have workplace benefits. This coverage is especially valuable for the self-employed, freelancers, or small business owners.

Health coverage includes: Prescription drugs, vision care, registered specialists (chiropractor, physio, massage, etc.)
Dental coverage includes: Preventive care (cleanings, exams, X-rays), major restorative (crowns, bridges), and orthodontics (depending on the plan)
Flexible plans: Basic, enhanced, or comprehensive coverage options
Online claims: Fast and digital reimbursement process

Best for: Canadians without employer benefits who want affordable, customizable coverage for health and dental needs.

GET A QUOTE FOR HEALTH & DENTAL INSURANCE

Contact information

[email protected]
1- 866-999-7457
325 Front Street W, Suite 400, Toronto, ON, M5V 2Y1

Availability:

All of Canada

Support Offered:

Phone Support
Email Support
Social Media
Blog
Guides & Resources
Educational Videos

Call Center:

Mon - Thu: 9:00 am and 8:00 pm (EST) Fri - 9:00 am and 5:30 pm

Locations:

Online Only

Frequently Asked Questions About PolicyMe

How quickly can I get coverage?

Quotes in minutes; most approvals are instant. Coverage activation window up to 90 days.

What types of insurance does PolicyMe offer?

Term life, critical illness, and health & dental coverage - all online and underwritten.

Does PolicyMe require medical exams?

For most applicants, no medical exam is required. PolicyMe uses data-driven underwriting to provide instant approvals. Some higher coverage amounts may still require a short medical questionnaire or exam.

Who underwrites PolicyMe’s insurance policies?

All insurance policies are underwritten by Canadian Premier Life Insurance Company (operating as Securian Canada), a reputable and A-rated Canadian insurer.

What conditions does critical illness insurance cover?

PolicyMe’s critical illness insurance covers 44 different conditions, including cancer, heart attack, stroke, and early-stage illnesses. This is broader coverage than many other providers in Canada.

Can I cancel my PolicyMe coverage?

Yes. PolicyMe offers a 30-day money-back guarantee. You can cancel your policy anytime within the first 30 days and receive a full refund of your premium.

How Does PolicyMe Make Money?

PolicyMe is an online life insurance company that allows Canadians to buy term life insurance in minutes, 100% online, at the most affordable price.

Is PolicyMe legit?

Yes, PolicyMe has been in business since 2018 and they work with some of the top life insurance companies in Canada. They are fully licensed in Canada, underwritten by Securian Canada, with strong BBB ratings.

How is PolicyMe different from traditional insurers?

Unlike traditional insurance providers that require in-person meetings, paper forms, and weeks of waiting, PolicyMe is a 100% online process. Most applicants get a decision instantly or within 24 hours, and coverage starts right away.

Can couples save money with PolicyMe?

Yes. PolicyMe offers a 10% couples discount on life insurance policies, plus free $10,000 child coverage. This makes it one of the most family-friendly options on the market.

Is PolicyMe available across Canada?

Yes, PolicyMe serves customers in every province and territory across Canada. Availability of some products may vary depending on your location.