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Best term life insurance - #1
Adipiscing Magna Aliqua
(4.7)
Established Company
Wide Product Range
Flexible Plans
Flexible Plans
Flexible Plans
Cost 20% less
than industry average

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Pros

  • Great customer service
  • Flexible coverage options
  • Easy online quotes

Cons

  • Higher premiums than average
  • Limited availability in some regions
  • Complex application process
Term Life Insurance

Term: 10 years

Coverage: $500,000

[spacer]

Whole Life Insurance

Term: Lifetime

Coverage: $250,000

[spacer]

Universal Life Insurance

Term: Flexible

Coverage: $300,000

Disclosure, because we ❤️ our legal team:  The information is for informational purposes only and is not an insurance contract or offer of coverage. It is intended to provide a general overview of the insurance product available to help you make an informed decision. The information presented is subject to change and may differ from the actual policy issued. PolicyMe Life, Critical Illness, and Health & Dental insurance plans are underwritten by Canadian Premier Life Insurance Company of Canada and sales are conducted by PolicyMe Corp. The insurance transaction is between the client and Canadian Premier Life Insurance Company. Securian Canada is the brand name used by Canadian Premier Life Insurance Company to do business in Canada. PolicyMe Corp., doing business as PolicyMe, a licensed Life and Accident & Sickness insurance agency, acts as the administrator and technology provider of PolicyMe Life, Critical Illness and Health & Dental insurance plans on behalf of Securian Canada. PolicyMe is compensated by way of commissions by Securian Canada for sales of insurance.

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Best term life insurance - #1
(5.0)
Great Customer Service
Quote Online
Buy Online
Cost 5% less
than industry average

PolicyMe offers one of the most affordable term life insurance policies in Canada, with rates as low as 23% below the industry average. Our streamlined application process delivers cost-effective coverage backed by Securian Canada, which has been rated "A" or higher by A.M. Best for over 75 years.

Most applicants don't require a medical exam, and there are family-friendly features like complimentary child coverage and a first-year couple's discount. The downside is that PM's insurance rates aren't so competitive for high-risk cases such as seniors and smokers.

Pros

  • $100,000 - $5 million in coverage available for 10-30 years
  • $10,000 of complimentary coverage per child with every policy
  • 31-Day missed payment grace period
  • 30-Day trial period
  • 10% First-year couple's discount
  • Below-average rates for applicants under the age of 60
  • Buy online or over the phone
  • Convertible
  • High Google review scores
  • Pay by credit card
  • Renewable

Cons

  • Above-average rates for seniors 
  • No accidental death and dismemberment or disability riders
  • No brick-and-mortar offices

‍

Term Life Insurance

Term: 10-30 years

Coverage: $100,000 - $5 million

[spacer]

Term 100 life insurance

Term: Lifetime

Coverage: $10,000 - $5 million

Disclosure, because we ❤️ our legal team:  The information is for informational purposes only and is not an insurance contract or offer of coverage. It is intended to provide a general overview of the insurance product available to help you make an informed decision. The information presented is subject to change and may differ from the actual policy issued. PolicyMe Life, Critical Illness, and Health & Dental insurance plans are underwritten by Canadian Premier Life Insurance Company of Canada and sales are conducted by PolicyMe Corp. The insurance transaction is between the client and Canadian Premier Life Insurance Company. Securian Canada is the brand name used by Canadian Premier Life Insurance Company to do business in Canada. PolicyMe Corp., doing business as PolicyMe, a licensed Life and Accident & Sickness insurance agency, acts as the administrator and technology provider of PolicyMe Life, Critical Illness and Health & Dental insurance plans on behalf of Securian Canada. PolicyMe is compensated by way of commissions by Securian Canada for sales of insurance.

Best term life insurance - #1
(5.0)
Great Customer Service
Quote Online
Buy Online
Cost 5% less
than industry average

PolicyMe offers one of the most affordable term life insurance policies in Canada, with rates as low as 23% below the industry average. Our streamlined application process delivers cost-effective coverage backed by Securian Canada, which has been rated "A" or higher by A.M. Best for over 75 years.

Most applicants don't require a medical exam, and there are family-friendly features like complimentary child coverage and a first-year couple's discount. The downside is that PM's insurance rates aren't so competitive for high-risk cases such as seniors and smokers.

Pros

  • $100,000 - $5 million in coverage available for 10-30 years
  • $10,000 of complimentary coverage per child with every policy
  • 31-Day missed payment grace period
  • 30-Day trial period
  • 10% First-year couple's discount
  • Below-average rates for applicants under the age of 60
  • Buy online or over the phone
  • Convertible
  • High Google review scores
  • Pay by credit card
  • Renewable

Cons

  • Above-average rates for seniors 
  • No accidental death and dismemberment or disability riders
  • No brick-and-mortar offices

‍

Term Life Insurance

Term: 10-30 years

Coverage: $100,000 - $5 million

[spacer]

Term 100 life insurance

Term: Lifetime

Coverage: $10,000 - $5 million

No items found.
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Type
Term
Term length
10 year
Company
Rating
Average premiums
Term
All terms
PolicyMe
(5.0)
$32/month
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Term
10 year
PolicyMe
(4.0)
$18/month
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Term
20 year
PolicyMe
(5.0)
$27/month
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Term
30 year
PolicyMe
(5.0)
$51/month
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Permanent
Term 100
Desjardins
(4.5)
$30/month
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Permanent
Whole
Assumption Mutual Life
(4.5)
$30/month
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Permanent
Universal
Desjardins
(4.5)
$30/month
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Term
All terms
RBC Life Insurance
(4.5)
$31/month
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Term
10 year
Desjardins
(4.0)
$18/month
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Term
20 year
RBC Life Insurance
(4.5)
$27/month
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Term
30 year
RBC Life Insurance
(4.5)
$50/month
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Permanent
Term 100
Empire Life
(4.5)
$30/month
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Permanent
Whole
Beneva
(4.0)
$39/month
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Permanent
Universal
Industrial Alliance
(3.5)
$33/month
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Term
All terms
Co-operators
(4.5)
$32/month
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Term
10 year
Industrial Alliance
(4.0)
$19/month
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Term
20 year
Foresters Life
(4.0)
$27/month
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Term
30 year
Co-operators
(4.5)
$51/month
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Permanent
Term 100
PolicyMe
(3.5)
$31/month
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Permanent
Whole
Canada Protection Plan
(3.5)
$33/month
Read more
Permanent
Universal
Canada Life
(3.0)
$33/month
Read more
Term
All terms
Desjardins
(4.0)
$33/month
Read more
Term
10 year
Assumption Mutual Life
(3.5)
$19/month
Read more
Term
20 year
Desjardins
(4.0)
$28/month
Read more
Term
30 year
Foresters Life
(4.0)
$51/month
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Permanent
Term 100
Industrial Alliance
(3.5)
$32/month
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Permanent
Whole
Empire Life
(3.5)
$33/month
Read more
Permanent
Universal
Manulife
(3.0)
$33/month
Read more
Term
All terms
Industrial Alliance
(4.0)
$34/month
Read more
Term
10 year
Beneva
(3.5)
$19/month
Read more
Term
20 year
Industrial Alliance
(4.0)
$28/month
Read more
Term
30 year
Desjardins
(4.0)
$52/month
Read more
Permanent
Term 100
Beneva
(3.5)
$33/month
Read more
Permanent
Whole
Industrial Alliance
(3.5)
$33/month
Read more
Permanent
Universal
BMO Life
(3.0)
$37/month
Read more
Term
All terms
Beneva
(3.5)
$33/month
Read more
Term
20 year
Co-operators
(3.5)
$28/month
Read more
Term
30 year
Industrial Alliance
(4.0)
$53/month
Read more
Permanent
Term 100
Manulife
(3.0)
$49/month
Read more
Permanent
Whole
Foresters Life
(3.0)
$32/month
Read more
Term
All terms
Assumption Mutual Life
(3.5)
$33/month
Read more
Term
20 year
Beneva
(3.5)
$28/month
Read more
Term
30 year
Beneva
(3.5)
$52/month
Read more
Permanent
Whole
Sun Life
(3.0)
$33/month
Read more
Term
All terms
Canada Life
(3.5)
$33/month
Read more
Term
20 year
Assumption Mutual Life
(3.5)
$29/month
Read more
Term
30 year
BMO Life
(3.5)
$53/month
Read more
Term
All terms
BMO Life
(3.5)
$34/month
Read more
Term
20 year
Canada Life
(3.5)
$30/month
Read more
Term
30 year
Assumption Mutual Life
(3.5)
$53/month
Read more
Term
All terms
Sun Life
(3.5)
$37/month
Read more
Term
20 year
BMO Life
(3.5)
$30/month
Read more
Term
30 year
Canada Life
(3.5)
$54/month
Read more
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No items found.