Get your life insurance quote online

Life insurance exists to protect people that depend on your paycheque, like your kids, aging parents or partner.

With our streamlined process, you can select your own coverage amount and length without the hassle of upselling or pressure.

How much coverage do I need?

Most Canadians only need coverage for the years when their dependents need it most, like when the kids are young.
You might want to cover your kids’ early years and education, your partner until their retirement and pay off your mortgage.

What policy length should I get?

The best term policy length for you will depend on your personal and financial situation.
Your coverage needs will change over time, which is why term life insurance policies work best.

Get your estimated life insurance quote in seconds

Our life insurance calculator empowers you with the power to make confident coverage decisions for your family.
With our streamlined, online process, you can select your own coverage amount and term length without the hassle of upselling or pressure. 
No Obligation
No Phone Call Required

What does the process of getting a life insurance policy look like?

All applicants get an instant decision on their application, so they know right away if they’ve been approved or if they need to submit additional information.
Need pointers? We’ll pair you with a non-commissioned advisor to guide you in the right direction. Even if that means telling you that you don’t need life insurance right now.
Customers applying for life insurance with PolicyMe get a decision within 15-25 minutes. Some customers get instantly approved. With traditional insurance providers, the wait time to get a decision can be over 4 weeks.

Compare life insurance quotes

See the table below for a comparison of life insurance policy rates in Canada based on age and insurance provider.

Term life insurance price comparison

Estimated monthly rates for anon-smoker, $500,000 in coverage over 10 years

What's your gender?

Female
Male
Age
SunLife
BMO
Manulife
PolicyMe
25
35
45
30
40
50
55
$14.52
$21.05
$49.95
$80.17
$31.40
$16.49
$14.78
$37.35
$18.90
$16.20
$18.45
$19.80
$23.40
$35.10
$55.35
$95.40
$20.25
$27.00
$60.30
$105.75
$18.26
$18.96
$21.56
$27.85
$38.23
$58.12
$101.01
$23.40
Age
SunLife
BMO
Manulife
PolicyMe
25
35
45
30
40
50
55
$20.54
$29.31
$72.78
$119.74
$44.94
$21.74
$20.54
$55.80
$27.00
$25.65
$26.10
$27.45
$32.85
$49.50
$77.85
$135.00
$27.00
$35.23
$84.60
$143.55
$26.07
$26.30
$27.71
$37.35
$53.77
$83.95
$143.30
$28.35
PolicyMe streamlines the traditional insurance process by removing unnecessary costs so that your same-quality policy is at a more affordable rate than other policies in Canada.

Life insurance is more affordable than you think

Cutting out the unnecessary steps in the process doesn’t just make getting life insurance easier — it makes it more affordable.
PolicyMe offers you the lowest rates in Canada while giving you the coverage you need to protect the ones you love when they need it the most.

Getting Started

Get a quote online

Canadian life insurance is cheaper than most people think. Get an instant online quote in just a few easy steps.

Get My Quote

Not sure how much coverage you need to protect your family?

Use our personalized online life insurance calculator.

Talk to an advisor

Have a question we don’t answer here? Want help finding the best life insurance Canada offers?

Give us a call at: +1 (866) 966-7457

Our experts are available to talk 7 days a week, from 9AM to 6PM ET.

You can also send us an email.

When you're ready, we're here for you

Enough talk – we know you’re busy. We're here to help when you’re ready to cross ‘get insurance – seriously, just do it’ off your to-do list
You can always call +1 (866) 999-7457 or email advisor@policyme.com

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