Is Koodo Bill Payment Protection right for me if I'm retired?
If you're retired, some parts of Koodo Bill Payment Protection still apply to you, and some don't. Here is how each coverage works for retirees, based on the Certificate of Insurance.
Which coverages apply if I'm retired?
Coverage | Applies to retirees? | What you need to know |
|---|---|---|
Critical Illness | Yes, up to age 65 | There is no employment requirement. Coverage ends at age 65, and the first diagnosis must happen before your 65th birthday. |
Life (Death) | Yes | There is no employment requirement. If you are under 65 (under 71 in British Columbia) at the date of death, the benefit applies to death from any cause, subject to the policy exclusions. If you are 65 or older (71 or older in British Columbia), it is paid only for an accidental death. |
Involuntary Job Loss | No | This coverage requires you to be working full-time (at least 25 hours each week) at the date of loss. Retirement, whether voluntary or mandatory, is not covered. |
Disability | No | This coverage requires you to be working full-time (at least 25 hours each week) at the date of loss. |
Does Bill Payment Protection cover me when I retire?
No. Retirement, whether voluntary or mandatory, is excluded from both the Involuntary Job Loss and the self-employed job loss coverage. Leaving work to retire is not a covered job loss.
Where can I read the full terms?
The full terms, conditions, limitations and exclusions are in the Certificate of Insurance. You can view a sample certificate at gowalnut.com/bpp/koodo.
Need help?
If you have questions about coverage or eligibility, contact us:
- Email: koodobpp.help@gowalnut.com
- Phone: 1-844-881-0555
- Live chat: on the Bill Payment Protection web page
Koodo Bill Payment Protection is underwritten by Trans Global Insurance Company and Trans Global Life Insurance Company, and administered by Walnut Insurance.
Updated on: 08/10/2026
Thank you!