Get A $500,000 Life Insurance Policy
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Lowest Quotes From Top 25 Companies in Canada







Trusted by Canadians
The Gold Standard
They are the Gold Standard of Client Experience. The whole process was simple, hassle-free, uber transparent and all of this at no cost. Our advisor’s knowledge and attitude reeled us in from the first call. We felt as if we were premium clients.
Lipika
Knowledgeable and helpful
Very knowledgeable and helpful in determining the best plans for my son and I and he took the stress out of the process. Fully explained all of the options available to me, and answered all of my questions. I know that I made an informed decision about my health coverage.
Franz T
Skeptical to believer
First I was skeptical about high reviews but anyways PolicyAdvisor. I could see that they are trying to give best details they have and guide us to choose policy rather than selling it. Rarely I type in reviews. I can say that PolicyAdvisor is worth getting these high reviews and I would highly recommend them.
Meenakshi N
Excellent service
Thank you for the excellent customer service. You’ve been very supportive in all our questions. After the video call, he didn’t really push to sell. We appreciate your time, and support in giving us updates and follow-ups and phone calls until we got approved.
Jessa Y
Genuinely Cared
My advisor genuinely cared about making sure I was comfortable and informed throughout the process, and patiently answered my many questions. He also always followed up to make sure I was up to date on my application process.
Jessica F
Simpler than expected
Answer all our questions in a timely manner, and the process was much more simple than I was expecting. We had our life insurance sorted and approved within a few days. I really like that they did the comparisons of policies for us.
Joanne V
Life Insurance made easy
Was looking for a life insurance policy and the search was exhausting by conventional means, until I found PolicyAdvisor. My representative was excellent, and explained all my options and preferred quotes. Life Insurance made easy, thank you all at PolicyAdvisor.
Pedro
Unbiased advice
If you’re looking for best rate and an advisor, I would highly recommend PolicyAdvisor. They are expert in finding the best insurance provider. They are reliable and give unbiased advise. I’m glad I came across Policy Advisor online as they helped get my insurance approved.
Zeny D
A walk in the park
I was able to derive a personalized quote within a minute. From there on it was as smooth as taking a walk in the park. I did not have to wait in long lines, could chart my progress, and had full control of my application.
Mayank
Super easy
I’d previously reached out to one of the big insurance companies directly but found them so unresponsive and uninterested. I’m glad we found PolicyAdvisor. They made comparing options easy so we found something that worked for our needs.
Lindsay
How much is a $500,000 life insurance policy?
The cost of a $500,000 life insurance policy depends on several individual factors. There’s no catch-all figure that would give you an accurate estimate. However, for most young, healthy adults, the $500,000 life insurance policy costs are reasonable on a 20-year term policy.
Eighty percent of millennials overestimate the cost of life insurance by up to five times the actual price. Luckily, you can find out how much a $500,000 life policy costs at PolicyAdvisor whenever you have 60 seconds to use our tools on your phone or computer.
AGE | MALE | FEMALE |
---|---|---|
25 | $31 | $22 |
35 | $33 | $26 |
45 | $75 | $54 |
55 | $223 | $155 |
65 | $716 | $487 |
*Term life insurance premiums, $500,000 death benefit, non-smoking, 20-year term
Compare Term Life Insurance quotes for $500000
Rates for a $500,000 life insurance policy can be as low as the cost of an extra-large pizza
Protect the people who depend on you today; get free term life insurance quotes. PolicyAdvisor is the best place to get life insurance quotes online in Canada. Speak to our advisors to find the best online life insurance quotes Canada has to offer or get instant quotes on your phone or computer with our easy-to-use tools.
Can you get a big discount for couples?
Couples or spouses looking for $500,000 in life insurance coverage can save money when they apply together. Simply indicate you’re applying with your partner when getting an insurance quote with our tools. We’ll provide rates for you both, and show you all the ways you can save on monthly premiums.
Why PolicyAdvisor?
PolicyAdvisor is a digital-first insurance broker, using technology to make life insurance simpler, smarter and more rewarding.
Policyadvisor .com | Insurance Brokers | Insurance Agents | |
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Simple, quick, online | |||
Compare 25+ companies | |||
Live advisor support | |||
Impartial, trusted advice | |||
Commission-free advisors | |||
Apply from anywhere |
PolicyAdvisor is one of Canada’s top insurance brokers. Reviews from all over the web confirm our commitment to making insurance accessible to all Canadians and to provide you with the absolute best customer experience while comparing and applying for your insurance policy.
How PolicyAdvisor gets you the lowest premium when you apply online
At PolicyAdvisor we’ve made the process of buying life insurance as easy and painless as possible. In fact, in just a few short minutes you could be on the way to obtaining coverage, protecting your loved ones, and having the peace of mind knowing you’ve taken care of all your protection needs.
1
STEP 1
Get quotes quickly
Get the best quotes across insurance companies
2
STEP 2
Zero in on best option
Our advisors guide you to the best product and company for your unique situations
3
STEP 3
Submit application
Once finalised, we help submit your application. Yes, we will scout to multiple companies if there are complications
Need insurance answers now?
Call 1-888-601-9980 to speak to our licensed advisors right away, or book some time with them below.
Insurance of a life insurance policy is subject to product availability and your eligibility. Any policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the respective insurance company following the completion of the underwriting on the application.
Disclosures:
Issuance of coverage is subject to underwriting by the respective insurance company. Any premium quotes displayed are non-binding and are subject to final approval by respective insurance companies. Final prices may vary as underwriting takes into account several factors including, age, gender, smoking status, status of health, lifestyle, etc.
Potential savings calculated using the average difference in premium between the highest and lowest term life quotes shown based on publicly available rates displayed on the website. Savings may vary by chosen policy term, coverage amount, health status, and lifestyle choices.