The Guaranteed Access Program (GAP) provides a one-time, tax-free payment to a person's loved ones at the time of their passing. It is intended to help cover final expenses during a very difficult time for a person's loved ones.
Key Information
Eligibility: Available to individuals under the age of 80 who are living with a long-term medical condition.
Guaranteed access: No medical tests or medical records are required to qualify.
Benefit payment: A tax-free lump sum (minimum $10,000) is paid to a person of your choosing at the time of your passing.
Maturity benefit: If you live to the end of the term, the funds are paid directly to you instead. Minimum payout is $10,000.
Guaranteed payout: The funds are always paid out — either to a loved one upon passing, or to you if you outlive the term.
Monthly contribution: The program is designed to be financially accessible for people at all income levels. Cost is typically $1 to $2 a day and is guaranteed to never increase.
Watch this short video to better understand how the program works.
Quick Facts
$10,000Minimum tax-free payment
Under 80Age to qualify
Tax-freeThe payment is not taxed
No Medical TestingNo medical tests
GuaranteedThe funds are always paid out
Lump sumPaid as a one-time amount
Do You Qualify?
Are you under 80 years of age?
Are you living with a long-term medical condition?
Do you currently have a final expense program in place?
Speak with a Benefits Specialist
To learn more about the Guaranteed Access Program and apply, you'll speak with a Benefits Specialist. They'll explain how the program works and the benefits it includes, answer your questions, and assist you with applying for additional disability benefits programs.
The Benefits Specialist will also assist you with (if applicable):
Canada Disability Benefit
Canadian Dental Care Plan
Canada Pension Plan Disability
Registered Disability Savings Plan
Disability Tax Credit Certificate
Note: Schedule a Benefits Review session with a Benefits Specialist only if you intend on attending.
