The reason that TD sells so much Critical Illness is actually because they offer it on all of the mortgages that they write. Its not the equivalent product to what is offered through the major life insurance companies in Canada, as there are many more limitations and exclusions, but they do sell a lot of it.
Most insurers do not offer insurance online for the reason that there is a lot more to this than just inputting a credit card number and answering a few questions. Whether you agree or disagree with them (I largely don't care for them) some policies offer investments within the policies and can be very, very complex.
Most people likely don't realise this, but there are a number of different types of life, critical illness and disability coverage. Its a contract that should be completed with a licensed agent and after some consideration of the options; in many cases these decisions are worth hundreds of thousands of dollars to the average guy.
|