SunLife Go Term life insurance
Canada Life life insurance
Manulife CoverMe life insurance
PolicyMe Term life insurance
Average monthly price for term life insurance, woman**
**30-year-old non-smoking female, 20-year term, $250,000 in coverage
How much life insurance can I get?
Can I get a quote online?
How soon can I get my decision?
When will I know if I've been approved?
Can I speak to someone on the phone?
How long does my coverage last?
Is there a discount for applying with my partner?
Can I convert to permanent life insurance later?
How to buy?
Average monthly price for term life insurance, man*
*30-year-old non-smoking male, 20-year term, $250,000 in coverage
No. You need to talk to an advisor or do a telephone interview.
After applying, 1-3 weeks for a decision.
At least 1-2 weeks longer to be underwritten compared to us.
Appointment with an advisor
Appointment with an advisor
After applying, 1-3 weeks for a decision.
Appointment with an advisor
No public information available on % discount.
No public information available on % discount.
Yes. 3% discount on one policy fee. You also save $5 on administration costs.
5 to 50 years, no specifics on website
10 year term, renewable until age 85
Yes, after the first anniversary of the policy
10 & 20-year terms available
100% of applicants get an instant decision.
About 50% of eligible applicants are instantly approved. 1-2 weeks to approval if medical exam is booked immediately.
Couples can save 5% each on their monthly premium.
10, 15, 20, 25 or 30 year terms available
Policy Renewal Option coming in early 2022
*30-year-old non-smoking male, 20-year term, $250,000 in coverage
**30-year-old non-smoking female, 20-year term, $250,000 in coverage
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