Make the most of all the features that come with your guaranteed acceptance insurance policy

You'll know your premiums before you buy.

Spousal coverage ranges from $5,000 to $25,000 in increments of $5,000.

For Accidental Death before age 80, your beneficiary could receive a benefit equal to 5 times (5X) your selected coverage amount.

Your premiums may be lower if you haven’t smoked for at least 12 months before your application date.

You can cancel your coverage for a full refund within the first 30 days.

Apply for coverage any time from your computer or mobile device.


Guaranteed Acceptance Life Insurance provides a life insurance solution to those who wouldn’t otherwise qualify for traditional life insurance due to age or health. 

  • We offer coverage amounts ranging from $5,000 to $25,000, in increments of $5,000
  • Your coverage will never change and your premium is locked in, as long as your smoker status remains the same
  • In the unfortunate event of an Accidental Death before age 80, your beneficiary could receive a benefit equal to 5 times (5X) your selected coverage amount up to a maximum of $125,000
  • You will no longer be required to pay monthly premiums after you turn 95

In the case of non-Accidental Death within 2 years of the policy's effective date, the Benefit Amount is the sum of all premiums collected.

Exclusions and limitations

No benefit will be payable at any time if:

  • Death results directly or indirectly from the commission or attempted commission of an indictable criminal offence
  • Your policy is declared to be void due to a material omission of information, misrepresentation or fraud

In addition, you cannot:

  • Add a spouse to your policy after it is issued
  • Increase or decrease the coverage amount of your policy after it is issued. Additional coverage may be purchased, through a new policy, subject to a maximum total coverage amount of $25,000 for all policies issued.

Please note that within the first 2 years, the Benefit Amount payable for death other than Accidental Death is the sum of all premiums you have paid to date.

There are other limitations and exclusions. For details on all benefits, eligibility conditions, limitations and exclusions, please review the sample Insurance Policy (PDF, 250 KB) Opens in a new window.. The information on this website is not part of your Insurance policy. In case of discrepancy between the information and examples provided on this website and your Insurance policy, your Insurance policy prevails.

Guaranteed acceptance

You won’t have to answer any medical or health questions when you apply. Acceptance is guaranteed if you meet these requirements:

You're a Canadian resident

You're between the ages of 40 and 74

Ready to get started? We're here to help.

Get a quote and buy, either online or by phone.

Get a quote and buy online

A quick and easy way to purchase CIBC Guaranteed Acceptance Life Insurance.

For residents of Quebec, this product is only available for purchase by phone. Speak to one of our licensed insurance agents to get a quote and purchase by calling 1-855-783-7623 Opens your phone app..

Call for a quote

To get a quote and buy, call one of our licensed insurance agents at

 1-855-783-7623 Opens your phone app.

Make a claim

To make a claim, please call us to request a claim form and to obtain more information about the supporting documents you'll need to include with your completed claim form.

 1-888-393-1110 Opens your phone app.

CIBC Guaranteed Acceptance Life Insurance is underwritten by CIBC Life Insurance Company Limited.