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How to choose your term life insurance policy length

You can get a term life insurance policy with any term you like, although 10 to 30 years is the most common policy length. A 10 year term life insurance policy could cover a shorter term debt, like a car loan or line of credit. A 20 year term life insurance policy is commonly used to cover an outstanding mortgage debt. A 30 year term life insurance policy can cover longer term needs like covering a dependent’s cost of living and education costs.

Get instant term life insurance rates

Protect the people who depend on you with a term life insurance plan. PolicyAdvisor is the best place to buy term life insurance online in Canada. Get instant term life insurance quotes or speak to our advisors to find the best term insurance Canada has to offer. PolicyAdvisor can help you pick the best term life insurance and has access to the most life insurance carriers in the country. That means we can find 20 year or 30 year term life insurance quotes, or any other term length that fits your needs

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Why PolicyAdvisor?

PolicyAdvisor is a digital-first insurance broker, using technology to make life insurance simpler, smarter and more rewarding.

What canadians want Policyadvisor .com Insurance Brokers Insurance Agents
Simple, quick, online
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Impartial, trusted advice
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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.

Term lengths you can access with PolicyAdvisor

PolicyAdvisor has access to the most carriers of any digital broker in Canada. Our experts can help you find the right term to match your needs. This could include:

  • 10 years term life insurance
  • 15 years term life insurance
  • 20 years term life insurance
  • 30 years term life insurance
  • 40 years term life insurance

Additionally, other term lengths are available, like to-age-65 or customizable term lengths that last a specific number of years that you dictate at the time of application.

How PolicyAdvisor Works?

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.

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.