About PolicyMe

“No hour-long phone call with an agent. PolicyMe made buying life insurance a breeze. The interface is beautiful and makes it easy to apply. PolicyMe is for the modern era.”
5-Star Review on Reviews.io
4.8 average (778 reviews)
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5 stars (86 reviews)

Who is PolicyMe?

$6B in coverage sold

Since 2018, we’ve helped just under 10k Canadians get covered.

Backed by Securian Canada

This Fortune 500’s A+ rating from A.M. Best means financial strength and stability.

$18M in Series A Funding

Includes equity funding from industry giants RGAX, SiriusPoint and Securian Financial as of Sep. 2022.

PolicyMe is insurance for the 21st century

No meetings, no phone calls (unless you want them). Just fast, straightforward coverage in 20 minutes or less.*
Simple online application: Answer 4 questions online and get a quote. Apply online in 20 minutes or less.
Fast coverage: All applicants get an instant decision. Review and sign your policy online when you’re ready.
Great perks: Couples who apply together get a 10% discount in the first year. $10,000 in free Child Coverage for each child.
Secure: We’ve partnered with Fortune 500 company Securian Financial for extra protection.
Honest: Our non-commissioned licensed advisors are available 7 days a week via email and phone to help you out.
Helpful: If you need to make a claim, one of our friendly advisors will help you through the process.
*On average, for eligible applicants

How’s PolicyMe able to make insurance fast + simple?

More efficient

We’ve used technology to streamline the insurance application process and remove inefficiencies. This cuts costs for us, so we can offer you term life that’s 5-10% cheaper than similar policies.

Online advice

Our top-notch online life insurance calculator will tell you exactly how much life insurance you need so that you won’t be over or under insured. Speak to an advisor only if you want to.

Non-commissioned advisors

Our licensed advisors don’t take commission, so you can get honest advice without the upsell. They’ll even tell you if you don’t need coverage at all.

Trusted industry partners

We've partnered with Canadian Premier, a federally-regulated subsidiary of Securian Financial, a Fortune 500 company. This means innovative products and long-term peace of mind.

With our innovative insurance products

Term Life Insurance

Most affordable in Canada

Choose coverage from $100,000 to $5M

Term lengths for 10, 15, 20, 25 or 30 years

Save 10% in the first year when you apply with your partner

$10,000 in free life insurance for each child

Option to renew your policy annually or convert it to a longer one

Rates stay the same for the full term

Critical Illness Insurance

Most comprehensive in Canada

Choose coverage from $100,000 to $1M

Term lengths for 10, 15, 20, 25 or 30 years

44 conditions covered

The most in Canada
  • 27 critical illnesses
  • 17 early-stage conditions

No waiting period for 80% of conditions

Option to convert your policy to a longer one in the first 5 years

Rates stay the same for the full term

Led by our team of parents, industry leaders and technologists

Andrew Ostro
CEO | Co-Founder
Father to two sweet little boys
Andrew Ostro - Co-Founder & CEO
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Andrew brings over 10 years of experience in the insurance industry working as a licensed actuary and management consultant at Towers Watson and Oliver Wyman. He has advised senior executives at the world’s largest insurance companies on strategy, digital transformations, operations, regulatory adherence and finance / risk.
Laura McKay
COO | Co-Founder
Recent mother to a beautiful daughter
Laura McKay - Co-Founder & COO
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Laura brings 7 years of experience working in insurance & strategic operations as a management consultant at Oliver Wyman, after experiences at Manulife and Munich Re. In 2017, she launched a successful initiative for the World Economic Forum focused on innovation in insurance, working closely with insurers, tech pioneers, and policy-makers.
Jeff McKay
CTO | Co-Founder
Father to two rambunctious boys
Jeff McKay - Co-Founder & CTO
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Jeff brings 10 years of experience working for Bloomberg in NYC, providing fixed income pricing for millions of securities around-the-clock.
With the help of our investors:

And backed by $100 billion for your peace of mind

Our mission is to provide you with a seamless life insurance experience, while we leave the actual insuring to our industry partners.

Through our partnership with Canadian Premier Life Insurance Company (a federally-regulated and wholly-owned subsidiary of Securian Financial with over $100 billion in total assets), we have your back, just like you have your family’s.
Canadian Premier Life Insurance Company
A.M. Best Financial Strength Rating: A
• $X in assets
• Over 2 million customers
• Founded in 1955
A.M. Best Financial Strength Rating: A
• $76.7 billion in assets
• 22 million customers
• Founded in 1973
Some of the world's most respected and highly-rated insurance carriers
  • Financial ratings of 'A' Excellent or above by A.M. Best
  • $100 billion in total assets between
  • Over 23 million customers worldwide
Canadian Premier Life Insurance Company
Reinsurance Group of America

No wonder people are talking about us

PolicyMe has taken all the right steps to become a leading digital player. Andrew and his team are laying the foundation for what we expect to be the future of the industry.
An insurtech startup making life insurance simpler and more affordable, providing honest life insurance advice and the ability to apply for affordable coverage online.
Innovate Financial Health
Best of all, you won’t need to haggle with an insurance agent or fill out mountains of paperwork. PolicyMe will take care of your application for you, free of hassle and free of charge.
Financial Post

How easy and affordable can it be? See for yourself!