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Get Life Insurance Quotes
Connect with a broker who can compare the best policies and rates from all of the top insurance companies across Canada.
Life insurance helps ensure your loved ones are taken care of, in the event of your passing. It can cover mortgage payments, income replacement, education funding, final expenses, and more.
How to get a life insurance quote
- Inquiry - Submit your details using our free 60 second quiz.
- Matchmaking - We forward your information to the insurance broker who is best suited to meet your needs.
- Introduction - Receive a text message within minutes connecting you with your assigned broker.
- Assessment - Your broker will provide a free assessment to recommend the best offers for your situation & goals.
- Application - If you are interested in one of the offers, your broker will guide you through the application process.
Life Insurance Explained
A whole life insurance policy is paid continuously, while a term life insurance policy is paid for a specific period of time.
No. Many insurance companies will offer a cooling-off period that allows you to cancel the insurance policy, but this comes immediately after the inception date: usually 10 – 14 days. However, if you decide that you no longer want a life insurance policy after this period, you will usually lose any premiums that you have paid to that date.
You can name your chosen beneficiary in the policy. Further, you can name more than one person and specify the percentage share that each beneficiary will be given.
Details of the state of your health will be required by the insurance company in order for them to provide a quote. In the event that you have a significant health concern, some insurers may be disinclined to give you a quote.
There may also be some other reasons why an insurer wouldn’t consider you, though this can be discussed with a broker.
This depends on what you want to achieve after your death. If you want to be able to leave your loved ones some money without them needing to worry about your debts, then a life insurance policy can be beneficial.