If you are looking for a term life insurance that’s easy on the budget, provides instant approval and is simple to apply for, you are in the right place. Whether you want to ensure your mortgage is covered, replace your income, or cover secondary education, we will get you on your way today.

What sets our Term Life plans apart

Instant, comprehensive coverage

Our unique application process delivers immediate life insurance approval without compromising on the depth of coverage.

No medical exams for anyone

In contrast to traditional life insurance our plans do not require any physical exams, bloodwork or doctor's report, making getting covered easier than ever.

Paperless, stress-free application

Our streamlined application process removes the need for any complicated paperwork, ensuring effortless journey to getting coverage.

Guaranteed Premiums

A key feature shared by all our plans is the confidence of fixed premiums, ensuring your total peace of mind.

Features of our Term Life plans at glance

Fast coverage up to $500,000


Eligibility age is 18 to 80


Choice of duration for coverage of 10 or 20 years


Premiums guaranteed to stay fixed for duration of the policy


At the end of the term the plan can renewed or converted to permanent policy with no medical exam or additional health questions

Term Life: important questions you are asking

What is term life insurance?

Term life insurance is a type of life insurance policy that provides coverage for a specified period or 'term', such as 10, 20, or 30 years. If the policyholder passes away during this term, the insurance pays a death benefit to the designated beneficiaries. This type of insurance is generally less expensive than permanent life insurance and is often chosen for its simplicity and affordability in covering specific financial responsibilities like a mortgage or education costs.

Who is eligible?

Ages 18 to 80

Canadian citizens or permanent residents

Premiums

Could I qualify for preferred Term life insurance rates?

Typically these are the factors considered when determining risk class:

Smoking status
Health history
Family health history
Body Mass Index (BMI)
Lifestyle (high risk activities)

Thereby, if you are non-smoker, in good health , with clean family history and low BMI who doesn't sky dive:), you will qualify for preferred rates.

Are the rates guaranteed for Term life insurance?

Yes, your rates are locked in for the duration of your policy and are guaranteed not to increase.

How long will I pay premiums for Term life Insurance?

Premiums are payable for the duration of your policy. Thereby, for term 10 life insurance, premiums will be payable for 10 years.

What happens to my Term life Insurance premiums if I quit smoking after my policy is issued?

If you have been smoke free for at least 12 months you can reapply for non-smoker rates.

How do I pay for my Term life Insurance policy?

You can choose to make monthly or annual payments by either credit card or preauthorized debit.

Applying for Coverage

How do I apply for Term life insurance?

To apply, complete a 1 min quote request form on our website. We will connect you with our licensed advisor who will go over your needs and budget and offer a personalized quote. If you are happy with the presented option, you can complete the application right over the phone. The policy will typically be provided in 24 hours by email, followed by a paper copy if requested.

If I smoke, can I apply for Term life Insurance?

Yes, we do offer plans for smokers. Please note that the rates are typically higher for non-smokers. There is an option to reduce your rates later on, once you have been smoke-free for 12 moths or more.

Can I cancel my Term Life Insurance policy at any time?

You can cancel your policy at any time. There is a 10-day review period during which any premiums paid will be refunded; however, past that period no refund will be due.

Coverage Details

When does coverage start and end for Term life insurance?

Your coverage will begin at a date you will determine at the time of application. The policy will terminate at the end of the chosen term. Thereby, if you have chose a term 20 policy, your plan will end after 20 years from the start date.

You will have an option to renew for another term or convert to a permanent policy. The rates will be reassessed at that time.

Can I reduce or increase my Term life insurance coverage?

With our plan you have the option to decrease your coverage as your needs change; however, there is no option for increase.

Is there any cash value with a Term life insurance policy?

There is no cash value associated with term life insurance. This feature is typically available with permanent plans such as whole or universal Life insurance. However, the rates for these plans will be significantly higher compared to term life insurance.