Term Life Insurance
Quote CalculatorDoctors of BC Term Life Insurance is here for you.
As a physician, your ultimate concern is a healthy future for your patients. But, as a provider, it’s also important to help protect the financial health and security of your loved ones.
The Doctors of BC Term Life Insurance Plan has been carefully designed to help ensure your family’s current lifestyle and to help them realize their future goals in the event of your unexpected death.
Your beneficiary(ies) can use the tax-free, lump sum benefit to help cover:
- Mortgages and personal debts
- Education funds for your dependent(s)
- Replacement of your lost income or family living costs
- Retirement funds for your spouse
- Funeral and other expenses
You and your spouse* can apply for up to $5,000,000 of coverage, in units of $50,000, to meet your family's needs.
Doctors of BC has licensed insurance advisors available to help you decide how much coverage is right for you.
Proof of good health will be required at the time of application. Coverage will become effective on the date the application is approved by Manulife and premium has been paid.
Applying for insurance is easier than you think. Here is what you can expect throughout the application process and steps you can take to facilitate a speedy decision.
You and your spouse* are eligible to apply if you are:
- Under 75 years of age and;
- A Canadian resident and;
- A member of Doctors of BC or the Yukon Medical Association (YMA)
Here's how to apply:
By mail:
Doctors of BC
Insurance Department
115 – 1665 W Broadway
Vancouver, BC V6J 5A4
By fax:
604.638.2909
By email:
insurance@doctorsofbc.ca