Save up to 20% on life insurance this September
Join thousands of Canadians already saving on life insurance.
PolicyMe provides $10B+ coverage to 30,000+ Canadians
Our rates vs. other Canadian insurers
LAST UPDATED: SEPTEMBER 2025
Publicly available monthly rates for a non-smoker for $1,000,000 in coverage over 20 years.
Features | 30 y.o. | 35 y.o. | 40 y.o. |
|---|---|---|---|
PolicyMe | $35.07 | $39.56 | $60.25 |
BMO | $38.70 | $44.10 | $63.90 |
Canada Life | $36.71 | $44.10 | $65.18 |
Manulife | $38.55 | $45.37 | $66.47 |
Sun Life | $40.05 | $44.55 | $67.95 |
Features | 30 y.o. | 35 y.o. | 40 y.o. |
|---|---|---|---|
PolicyMe | $52.15 | $53.77 | $84.52 |
BMO | $54.00 | $56.70 | $84.60 |
Canada Life | $54.33 | $57.31 | $88.98 |
Manulife | $54.37 | $58.19 | $89.04 |
Sun Life | $59.85 | $60.75 | $94.05 |
Monthly premiums pulled from Compulife® software for comparable policies to PolicyMe's term life product. Your price and policy features may vary based on selected policy and provider.
Rates are locked for your entire term
The best time for life insurance was yesterday
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Your rate may vary based on your age, health, coverage amount, and term length. Applications are subject to underwriting approval. See full terms and conditions here.
Frequently asked questions
All eligible applicants who submit their application between September 1 and 30, 2025, receive 10% off their first year's premiums as long as their application is approved and their first premium payment is received by November 15. If you're applying as a couple, you each get an additional 10% Couples Savings discount,bringing your total savings to 20% off each person's first-year premiums.
Your September Savings and Couples Savings apply only to your first year's premiums. Starting in year two, your premiums return to standard rates.
Both partners must submit their applications by September 30, 2025, and indicate during the application process that you're applying together as a couple. Missing either requirement means you'll only qualify for individual savings.
No. You only need to submit your complete application by September 30, 2025, and make your first payment by November 15, 2025, to lock in your September Savings.
The medically approved partner still receives the full 20% savings (10% September Savings + 10% Couples Savings). The non-approved partner can reapply later, but if their new application falls after September 30, 2025, they'll only be eligible for the standard 10% Couples Savings—not the September Savings.
September Savings only applies to approved applications. If you're not approved for coverage, there are no fees or obligations.
Have a question we didn’t answer?
Call +1 (866) 999-7457 from 9AM-5PM EST Monday to Friday or email us. Our insurance expert team is happy to help!
Don't Let September Slip Away
Offer ends in: