About PolicyMe

We protect Canadian families with insurance. We’ve used technology to streamline the insurance application process and help Canadian families get personalized advice. By doing so, we've cut out inefficiencies in the process and cut down costs. This makes our insurance policies 5-10% lower on average than the market in cost.

We've partnered with Securian Canada, a federally-regulated and wholly-owned subsidiary of Securian Financial - one of North America's most reputable insurance companies.

In other words: rest easy. We’ll get you covered today, then give you long-term peace of mind knowing that your life insurance claims will get paid.

For full transparency, we take a fixed percentage from each policy, just like any other insurance company. This goes towards marketing, underwriting, and administration costs, while also allowing us to make some profit.

What makes us different is we've cut down on so many inefficiencies in the process that we can still pass on lots of savings to you!

It’s our promise to you that if the worst happens, we’re here for you and your loved ones, every step of the way.

Your dedicated PolicyMe claims concierge works with you or your beneficiary to walk through the required documentation and process. This can be done by Zoom or phone.

Your claim is then submitted to our partner, Securian Canada, who reviews the case. We provide support if any follow-ups are required.

We notify you or your beneficiaries when the claim is approved. The claim is made as a tax-free, lump-sum payment paid by e-transfer or cheque.

We’re a no-obligation kind of company. Cancel at any time without penalty. But we hope that doesn’t happen. We’d really miss you!

PolicyMe’s main offerings are term life insurance and critical illness insurance. Term life insurance is a type of life insurance policy that covers your life for a temporary period, for example, while you’re paying off the mortgage. It is generally the most affordable kind of life insurance you can get, making it a great choice for families with young kids. 

Critical illness insurance is a type of insurance coverage that covers you in the event that you become critically ill – like if you have a heart attack, a stroke, or get diagnosed with cancer. PolicyMe’s critical illness insurance also covers a wide range of early-stage conditions, too. This type of insurance is meant to help you cover medical expenses and allow you some time off to recover. 

PolicyMe is a legitimate insurance solution. Partnering up with insurance industry giants like Securian Canada, we’re able to offer Canadians with simple and affordable insurance options. Securian Canada is federally-regulated and is one of North America’s most reputable and trustworthy insurance providers. 
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Another layer of legitimate protection? In Canada, the insurance industry is regulated by both federal and provincial governments to make sure players in the insurance market can meet their financial promises and obligations to policyholders. 

PolicyMe’s competitors include traditional life insurance providers like RBC, Manulife, Sun Life, and Canada Life and newer digital insurers like Emma or Cover Direct. 

What sets PolicyMe apart is our streamlined, tech-driven process, which aims to make buying insurance simpler, faster, and more affordable. While our competitors also provide quality coverage, PolicyMe focuses on reducing steps and lowering costs, ensuring that families get the protection they need without unnecessary complications or expenses. Our transparent and customer-centric approach is designed to empower and inform our clients.

Our advice for comparing PolicyMe to other companies: make sure you’re comparing apples-to-apples. For example, ensure that the policy specifications are the same (i.e. 20-year term, $500K in coverage, child coverage, etc.).