We show you quotes from the best life insurance companies in Canada . This includes some of the most trusted life insurance providers, like Assumption Life, BMO Insurance, Canada Life, Canada Protection Plan, Desjardins, Empire Life, Equitable Life, Foresters, Humania, Industrial Alliance, ivari, La Capitale, Manulife, RBC Life Insurance, SSQ, Wawanesa, and more. We also offer no medical insurance quotes (for those looking to avoid a medical exam) from companies like Canada Protection Plan, Industrial Alliance (iA), Humania, and other insurance providers with unique plans for your specific protection needs.

By showing you quotes from more than one life insurance company we ensure you can pick the best policy for you to protect your finances and loved ones.

Canadian insurance companies have varying pricing models. While some may generally have lower prices than others, the fact of the matter is that each provider assesses risks differently. Thus one company offering term life coverage may have lower life insurance rates for 30-year olds, but higher for 50-year olds – and vice versa.
Other factors like health and family medical history may affect your insurance rates as well. Your best bet for significant savings is to talk to an online insurance broker like those at PolicyAdvisor. We can help you find the best-priced term life policy for your unique situation and coverage needs (or any other type of insurance for that matter).

When you compare insurance rates online you save money on your life insurance premiums by finding the best-priced insurance policy for your financial protection. The time commitment it takes to compare just 2 or 3 different insurance providers by oneself can be discouraging. PolicyAdvisor helps you save time and money with an online search for life insurance coverage. And at all times you get the benefit of curated advice from experienced advisors that are a chat message or a phone call away.

There are too many variables to provide an average insurance policy premium that would provide any meaningful information. Instead, take a look at these articles for average costs in your thirties, forties, fifties, and sixties.

Yes, PolicyAdvisor.com provides quotes for whole life insurance policies – alongside term life insurance quotes – to give you the most comprehensive choices while shopping for financial protection. Permanent life insurance policies offer life-long financial security and cover final expenses like funeral expenses.

Yes! If you are looking for an insurance policy without the need for a medical exam you can get a quote from PolicyAdvisor. Once you finish up with our quoting tool, one of our licensed insurance brokers will reach out and let you know which insurance options require medical underwriting or where you can obtain a life insurance policy without a medical exam. No lab work, urine sample, or blood pressure tests required!

Yes! Either use our life insurance needs calculator or choose the calculator option in our quoting tool and we can easily include mortgage protection in your online quote, providing peace of mind when it comes to covering mortgage payments.

You can compare insurance quotes right here! Whether it be term life insurance with a tax-free death benefit or permanent life insurance with cash value built into the coverage amount, those looking for coverage can compare insurance quotes with PolicyAdvisor’s online tools. Need more help? Just reach out to our friendly, licensed Canadian brokers below. They can help with all your insurance needs, including mortgage protection, disability
insurance, and critical illness insurance.

Very simply, there is whole life and term insurance, but the different types of life coverage can be broken down even further. You can learn more about the 5 types of life insurance coverage in the posts on PolicyAdvisor Magazine.

There are several types of life insurance, though most wonder about the difference between a term life insurance policy and whole life or permanent life insurance.

A term life insurance policy covers an individual for a specific period of time; whole life policies (also known as permanent insurance) cover an individual for their entire lifetime. Term insurance offers a pre-determined tax-free death benefit, whole life policies offer both a death benefit and an investment component. Determining which coverage best depends entirely on your intents and financial situation. Learn more about term life versus whole life insurance.

Term insurance is typically the least expensive type of life insurance. The length of the term determines the cost of the premium (the money you pay at regular intervals to keep the policy active). A longer-term will increase the premium, as will the amount your beneficiaries receive if you die during the term (a lump-sum payment known as the death benefit). A term insurance policy has many options so they can be customized to fit most budgets, including those looking for the cheapest life insurance.