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Policy Questions? Call us at+18006552795

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Here are the next steps to get your quote over the phone in minutes:

  • One of our advisors will contact you to find the best plan.
  • We will ask you simple questions.
  • You can compare quotes and apply over the phone.

If you’d like to skip the wait, give us a call at 1-800-655-2795.

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Frequently Asked Questions

How much does term life insurance cost?

The average monthly cost of Term Life Insurance ranges from $30 to $80 per month and depends on factors such as your age, gender, health, and coverage amount, and the life insurance company.

How do I know if term life insurance is a good fit for me?

If you have financial dependants, life insurance in general becomes less of a want and more of a need. For Canadian’s with children below the age of 20, term life insurance is the most recommended form of protection. It provides peace of mind in knowing that your loved ones will be taken care of financially if something happens to you.

What does term life insurance cover?

If a policy owner passes away, their beneficiaries will receive the death benefit as a lump-sum amount. The amount received is tax-free and can be used for whatever the beneficiary chooses.

What happens at the end of a term insurance policy?

Most term life insurance policies are renewable. If you outlive your policy, you have the option to renew at a higher premium or convert it into a permanent policy. If you added a return of premium rider, your premiums can be refunded.

How do I know the coverage will pay out?

We work with Canada’s top life insurance companies which are centuries old and are tightly regulated for financial strength and stability to meet policy holder claims. Policies usually have a 2-year contestability period. After that, the coverage cannot be contested except in the case of fraud (a deliberate misstatement of fact). An example of fraud is a smoker who declares a non-smoker in the application.