PolicyMe is a digital life insurance provider that provides an affordable life insurance product in Canada. Its popularity leans on its quick approval process, 10-20% lower costs and trustworthiness, while eliminating the uncertainty and anxieties that often come when searching for a life insurance policy with the right coverage.
PolicyMe’s goal is to provide a transparent go-to resource to life insurance by offering quotes that make the most sense to your needs.
Since March of 2021, PolicyMe has changed its model, where they have gone from being an insurance broker to offering their own life insurance products directly to consumers. They have partnered with the Canadian Premier Life Insurance Company (CPL) (est. 1955), a federally regulated life insurance company which serves more than 2 million customers, in order to serve customers directly. Currently, they offer term life insurance in select provinces in Canada.
In this PolicyMe Review, we take a look at how the insurance provider works and how they can find a policy to protect the things most precious to you and your loved ones.