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"Are you paying too much for life insurance?" - CTV News

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July 16, 2020

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Latest PolicyMe Press from CTV News

Beware of paying too much for life insurance. According to PolicyMe, an online insurance platform, a recent survey found Canadians are overpaying for life insurance by as much as 36 per cent. The start-up looked at how the industry calculates coverage and found the average customer with a policy had $200,000 more in coverage than they actually needed, and weren't looking for deals. It also examined how much those with existing policies pay, and their habits while looking for coverage.

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About PolicyMe

PolicyMe is a digital insurance solution on a mission to make buying life, health, and critical illness insurance effortless. We’ve cut out the unnecessary steps, lowered costs, and built a straightforward way for Canadians to get covered without the hassle. We know insurance isn’t just about policies; it’s about people, not paperwork. That’s why we focus on giving honest advice, fair prices, and a process that actually makes sense. No upselling, no confusion—just reliable coverage designed with you in mind.

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General Inquiries: info@policyme.com

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