Effective Date: March 31, 2026
Website: mylifeinsuranceplan.ca

Overview

MyLifeInsurancePlan.ca provides information, quote requests, insurance comparisons, and related services for life insurance products.

Because insurance policies are issued by third-party insurance companies and carriers, refund eligibility is subject to the terms, conditions, and cancellation policies of the specific insurer that issued the policy.

No Refunds for Free Services

We do not charge users to browse the Website, request quotes, compare insurance products, or submit general inquiries.

As a result, there are generally no fees charged directly by MyLifeInsurancePlan.ca that would be eligible for a refund.

Insurance Policy Premium Refunds

If you purchase an insurance policy through one of our partner insurers or brokers, any refund of premiums will be governed by:

• The insurance carrier’s cancellation policy
• Applicable provincial insurance laws
• The terms of your insurance contract
• The timing of your cancellation request

Depending on the insurer and policy type, you may be eligible for:

• A full refund during a free-look or cooling-off period
• A partial refund of unused premiums
• No refund after a certain date or after benefits have been used

Free-Look Period

Many life insurance policies in Canada include a free-look period, typically between 10 and 30 days after you receive your policy documents.

During this period, you may be able to cancel your policy and receive a full refund of premiums paid, provided no claims have been made and the insurer’s requirements are satisfied.

You should review your policy documents carefully to confirm the exact cancellation and refund terms that apply to your coverage.

Cancellation Requests

If you wish to cancel a policy or request a refund, you should contact:

• The insurance company that issued the policy
• Your insurance advisor or broker
• Our support team for assistance directing your request to the appropriate provider

Cancellation requests may need to be submitted in writing and may require identity verification.

Non-Refundable Fees

Certain fees may be non-refundable, including but not limited to:

• Administrative fees
• Policy issuance fees
• Medical examination fees
• Underwriting fees
• Third-party service charges

Any such non-refundable fees will be determined by the insurer or service provider involved.

Processing Times

If a refund is approved by the insurance carrier, processing times may vary depending on the insurer, payment method, and financial institution.

Refunds are generally processed within 7 to 30 business days.

Chargebacks and Payment Disputes

If you believe you were charged incorrectly, please contact the insurer, broker, or our support team before initiating a chargeback or payment dispute.

Unauthorized chargebacks may delay the review and resolution of your request.

Contact Us

If you have questions about cancellations or refunds, please contact:

MyLifeInsurancePlan.ca
Website: https://mylifeinsuranceplan.ca/
Email: info@mylifeinsuranceplan.ca