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Calculate Life Insurance Premiums Instantly
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Calculate Life Insurance Quotes From the Best 25 Companies in Canada
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Excellent Service
Thank you for the excellent customer service. You’ve been very supportive in all our questions. We appreciate your time, effort, and support in giving us updates and replying to our late night emails, follow-ups and phone calls. Thank you team!
Jessa
Simple process
Our advisor helped answer all our questions in a timely manner, and the process was much more simple. I really like that they did the comparisons of policies for us. It can be overwhelming for people that do not have experience with insurance policies.
Joanne V
Best rate
If you’re looking for best rate and an advisor, I would highly recommend. They are expert in finding the best insurance provider. Reliable and give unbiased advise. I’m glad I came across Policy Advisor online as they were able to help get my insurance approved.
Zeny D
Made my day
PolicyAdvisor.com made my day when I encountered with the website. When I did the quote, I was happy by the amount I will be saving once the application goes through. My advisor was informative, patient and kept me up to date. I am one happy client!
Samantha D
Calculate your life insurance rates with PolicyAdvisor
Are you looking for a life insurance premium calculator, Canada? Finding the sweet spot for how much life insurance you need is no enviable task. You don’t want to choose so little as to not cover outstanding debts and the cost of living for those you leave behind. At the same time, choosing an amount that’s too large may prove costly in the future. Luckily, our online life insurance calculator takes into account all the unique coverage needs of Canadians like yourself.
Our licensed insurance brokers also have years of experience helping couples answer the question “how much life insurance do I need?” We help them figure out their insurance needs together and save them time and money in the process. They can walk you through your options (like joint insurance policies or saving on policy fees) and other areas where you can save money when you calculate term life insurance premiums.
DIME is an acronym that stands for Debts, Income, Mortgage, and Education.
How to use a term life insurance calculator
Our life insurance needs calculator requires specific financial information that many refer to as the DIME formula. Thus, you’ll need to know how much your debts are, your current income level, your outstanding mortgage, and the amount of money you may intend to put towards your children’s education to calculate term life insurance needs. While seemingly basic, these figures – along with some information about your dependents – go a long way in calculating your coverage needs.
Why choose PolicyAdvisor?
PolicyAdvisor is a digital-first insurance broker, using technology to make life insurance simpler, smarter and more rewarding.
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| Impartial, trusted advice | |
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| Commission-free advisors | |
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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. Our term insurance premium calculator is an instant, easy way to start your journey to getting covered. Try it out, for free!
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. Here’s how our life insurance cost calculator works.
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
Get lowest life insurance quotes in 60 secs!
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.
