PolicyMe Review 2026
PolicyMe offers affordable life and health insurance to Canadians with a simple online application and instant quotes.
Visit PolicyMeOverview
PolicyMe is a Canadian insurtech company that makes buying life and health insurance simple, affordable, and fully online. They offer term life insurance at competitive rates compared to traditional providers.
The platform provides instant online quotes with no medical exam required for many applicants. PolicyMe's policies are underwritten by established Canadian insurance companies.
Type
Life & health insurance
Savings
Competitive rates
Application
100% online
Medical Exam
Often not required
Pros & Cons
Pros
- Competitive rates vs traditional providers
- Fully online application
- No medical exam for many applicants
- Instant quotes
- Policies from established insurers
Cons
- Not available for all ages/health profiles
- Limited product range compared to brokers
- No in-person advisory
- Coverage limits may apply
Eligibility
- Canadian resident
- Age requirements vary by product
- Must answer health questionnaire
- Valid ID
Frequently Asked Questions
Is PolicyMe legitimate?
Yes. PolicyMe is a licensed Canadian insurance broker. Their policies are underwritten by established insurance companies and are regulated by provincial insurance authorities.
Why is PolicyMe cheaper?
PolicyMe operates entirely online with lower overhead costs than traditional insurance brokers, passing those savings on to customers.
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Editorial Note: Our content is reviewed by financial experts for accuracy. We may receive compensation from partner lenders, which does not influence our rankings or recommendations. Read our full disclosures
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