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Is Fidelity Life Insurance available in Canada?

You can't get Fidelity Life Insurance if you live in Canada, but there are other options to consider.

Fidelity Life is a US-based life insurance provider that offers a streamlined application process and no-medical insurance options. Term life, whole life and accidental death benefit policies are available as are a number of optional riders including return of premium, inflation adjustment, college fund savings and coverage for dependent children.

But can you get Fidelity Life Insurance coverage if you live in Canada? Are there any good alternative life insurance providers for Canadian residents?

Is Fidelity Life Insurance available in Canada?

Unfortunately, no. Fidelity Life operates in the United States and does not have a branch in Canada. To take out a Fidelity Life Insurance policy, you must be a citizen or resident of the US. While a foreigner living in the US might be able to get coverage, you’re out of luck if you live in Canada. As of the time of writing, Fidelity Life has not announced any plans to begin offering services in Canada.

Are there any alternatives to Fidelity Life Insurance in Canada?

Yes. There are a number of life insurance providers in Canada that offer diverse coverage options, competitive rates and convenient, streamlined applications. Check out the companies below and read our reviews to learn more.

1 - 2 of 2
Name Product Types of Insurance Coverage Range Issue Ages Medical Exam Required Province Availability
PolicyMe Life Insurance
Term Life, Critical Illness
$100,000 - $5,000,000
18 - 75
Get fast and affordable term life insurance. Personalize your policy details and get an estimate price within seconds. No phone call, meeting or paperwork required. Get an instant decision.
Whole Life, Term Life, Universal, No Medical
$25,000 - $25,000,000
18 - 75
PolicyAdvisor is a digital life insurance brokerage that has partnerships with 20 insurers in Canada.
Life insurance in Canada

How does Fidelity Life Insurance work?

Fidelity Life has been insuring customers against the unexpected for over 100 years. It offers term life and permanent life insurance policies as well as coverage for final expenses (funeral costs) and accidental death. Optional riders are available to cover costs associated with the accidental death of family members, policy holders’ children passing away, terminal illness expenses and inflation.

Customers can also choose to purchase a return of premium rider to get back some of what they paid if they didn’t use any benefits before the policy expired or was cancelled.

As of September 28, 2023, Fidelity Life is accredited with the Better Business Bureau (BBB) and has an A+ rating. However, its customer reviews are mixed, with an average score of 3.03 out of 5 stars based on 35 reviews. Trustpilot paints a different picture, with an average of 4.6 out of 5 stars based on over 1,100 customer reviews.

Pros and cons of Fidelity Life Insurance


  • No-medical policies available. The applications for simplified issue and guaranteed issue life insurance asks customers to provide medical and health information but does not require them to get a medical exam.
  • Award-winning customer service. For multiple years, Newsweek has recognized Fidelity Life as part of a list of companies that provide the best customer service in America.
  • Quick and easy application process. Fidelity Life was one of the first US life insurance providers to use automated underwriting engines and e-signatures. It has a streamlined application process that uses predictive analytics to allow eligible customers to bypass the medical exam requirement.


  • No convertible term life insurance. Term life policies do not convert, leaving customers to pay increasing premiums if they renew.
  • No universal or participating life insurance. Customers looking for a policy with a more sophisticated or customizable investment component will need to look elsewhere.

Points to consider when choosing a life insurance policy

There isn’t a single life insurance policy that’s right for everyone. It may seem overwhelming to narrow down your options, but it can help to ask yourself the following questions:

  • Why do I want life insurance?

What is your primary motivating factor in taking out a life insurance policy? What type of coverage would make your premiums worth paying? You can better decide what type of policy you need by identifying whether you want coverage mostly for loved ones should you pass away, for handling end-of-life expenses should you get diagnosed with a terminal illness or for some other reason.

  • What type of coverage can I realistically get?

Factors such as getting older, having a pre-existing medical condition, smoking and drinking excessively can impact how much coverage you’re eligible for and the price of your premiums. Some of these factors may be unchangeable, but you may be able to qualify for better coverage if you make changes where possible. For example, insurers are often willing to reassess and lower your premiums if you go a length of time – say, 12 months – without smoking (although you may have to take another medical test).

  • How much am I willing to pay?

It’s important to balance the level of coverage you receive with the affordability of your premiums. Prioritize the reasons why you want life insurance, and let this be an indicator of which features you can give up if necessary and which are nonnegotiable. Identify circumstances in your life (if any) where life insurance could be useful, especially circumstances where your physical well-being may be vulnerable.

For example, if you have a lot of debt that’ll pass on to others if you die, you might want to get enough coverage to discharge all your debts. Similarly, if you’re at risk of developing a terminal illness, you might want coverage that pays for end-of-life expenses.

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