Skip to content

Safe Pacific Financial

Your Health and Underwriting a Life Insurance Policy

Today we discuss three sad but hopeful stories about the impact of life insurance on lives and health of our clients. 

By the end of this blog post, you’ll have a new appreciation for how underwriting can help.

Underwriting

When you apply for life insurance, critical illness insurance, or disability insurance, you often have to do medical exam of some kind. 

This exam helps the insurance company determine if they want to cover you and for how much. 

Sometimes, it's a simple blood test with a nurse, while other times it's a full medical report from a doctor. 

This is called underwriting. 

It also involves questions about your lifestyle, such as whether you often travel to developing countries, or if you have any dangerous hobbies like mountain climbing. 

Early Detection

Here are 3 cases where the medical exam helped clients uncover critical information about their health. 

Case 1: 

A client took a medical exam only to find out they had a brain tumour. 

Now, of course this was a sad and scary situation to be in, but it was also good in its own right. If the client did not learn about the tumour when they did, it could have been deadly. 

But because it was discovered, they were able to get the help they needed.

Case 2:

Another client, because of their insurance medical exam, learned that they had HIV. 

Just like in the previous example, this was a major shock and totally unexpected. 

However, they were very happy to have this information to make decisions about health and lifestyle. 

Obviously this is a terrible situation, but in the end, they were grateful they discovered this complication early.

Case 3:

Not long ago, after their exam, one client discovered cancer. Again, receiving this kind of news is devastating. 

However, the early detection led to a full battery of treatments. The client went on to get the help they needed, and then onto to a full recovery. 

All because of the early detection.

Conclusion

All three clients were obviously upset receiving the bad news. Nobody is ready to hear news like that. 

Yet, all of them have thanked us and are happy that they went through the insurance medical exam. As it allowed them to discover the problem early, and seek treatment as early as possible. 

When we launched Safe Pacific, we had no idea that underwriting could help folks uncover critical information about their health. We are grateful that these stories had happy endings.

financial consultation with the safe pacific team in canada

Contact Us

At Safe Pacific Financial, we specialize in helping Canadian business owners, incorporated professionals, and investors structure life insurance for maximum wealth protection, tax savings, and business growth.

If you would like to discuss whole life insurance or investments,  we’re happy to chat and see if we can be a good fit to work with you. Fill out our contact form and we will get back to you within 24 hours on business days.

Related Insights

laurent munier of safe pacific financial sitting on a couch looking at a mobile phone
4 min read
Episode 5 of the Infinite Banking Concept Series - Leaving a Legacy

Welcome to the fifth and final blog in our comprehensive series about the Infinite Banking Concept in Canada. Throughout these four previous blogs we’ve talked about...

Read More
foundser of safe pacific financial inc robert trasolini and laurent munier
15 min read
Episode 3 of the Infinite Banking Concept Series - How Policy Loans work and what is the Adjusted Cost Basis?

Let’s look at a Whole Life Insurance Policy Illustration that's correctly set up for the Infinite Banking Concept. In this illustration with a Canadian life...

Read More
16 min read
What is the Immediate Financing Arrangement?

Who is this for? We tell everyone that they shouldn’t set this up unless they want and need life insurance. If you have someone you...

Read More
8 min read
Infinite Banking is a scam!

Is Infinite Banking as good as everyone says it is or are they scamming you? We’ll answer that today.

Read More
4 min read
Should you invest using DCA or a lump sum?

So, what investment strategy is going to you the most money, dollar cost-averaging or a lump sum investment? I can’t see the future but based...

Read More
Two men stand smiling indoors in front of a sideboard and modern abstract art, with the text The Ten Commandments of Whole Life Insurance in Canada overlaid on the left side.
Insurance
15 min read
The Ten Commandments of Whole Life Insurance in Canada

There’s this great article titled “the ten commandments of whole life insurance” and it is linked if you want to read along. One thing that’s...

Read More
Insurance
5 min read
The Waterfall Concept using Life Insurance (in Canada)

The “Rockefeller” Method, or the Waterfall Concept. One of the main things we have to preface this with is that in the United States, this...

Read More
Three men in business attire discuss using life insurance to fund major purchases in a modern, bright office with large windows overlooking city buildings.
4 min read
How can a Canadian business owner use life insurance to fund major purchases?

Today, allow us to shine a light on the infinite banking concept through the lens of a case study —showcases how an entrepreneur, used this...

Read More
Investing
5 min read
You can now invest with us!

We have got a big update for you today – a brand new offering from us at Safe Pacific.

Read More
Two men sit at a table, smiling and talking, with wine glasses and a bottle in front of them. Text overlay reads “INFINITE BANKING IS A SCAM” and “INFINITE BANKING CONCEPT SERIES - EPISODE 4.” SafePacific logo is at the top.
6 min read
The Infinite Banking Concept Episode 4 – Infinite Banking is a Scam

In today's blog, we'll go over the main reasons given for why the Infinite Banking Concept is a scam. We'll be going over why people...

Read More
Insurance
4 min read
The Wealth Multiplier Podcast - Wealth and Legacy: A Deep Dive with Vince Cardella

In this episode of The Wealth Multiplier Podcast, host Laurent Munier of Safe Pacific Financial sits down with Vince Cardella, Principal of Strategic Wealth Planning...

Read More
Investing
16 min read
RRSPs for Canadian Business Owners, should you invest?

You have two main options: keep the funds inside the corporation or withdraw and invest personally. Today we’re going to go through these 2 scenarios...

Read More

Stay Connected

This field is for validation purposes and should be left unchanged.

By submitting your email you confirm that you agree with our Terms and Conditions.

© 2025 Safe Pacific Financial Inc. All rights reserved.
Design by Takt