1-888-601-9980Life Insurance Quotes
Compare life insurance quotes from Canadian insurers and see coverage options based on your age, province, smoking status and the type of policy you need.
Start with an online quote, then speak with a licensed advisor if you want help comparing term, whole life or no-medical options.
Life insurance quotes in Canada
At PolicyAdvisor, we aim to make the process of finding life insurance simple and transparent for Canadians. Instead of being limited to a single provider, we provide access to term life and whole life insurance quotes from 30+ leading insurers on one platform and evaluate your options with clarity. Our AI-powered technology gives you accurate, personalized pricing without the usual back-and-forth.
What sets PolicyAdvisor apart is the combination of intuitive digital tools and expert guidance. You can review and customize your coverage based on your needs, and connect with licensed advisors whenever you require support. This ensures you can plan your future with ease, knowing you have both the flexibility of a digital experience and the reassurance of professional advice.
Sample life insurance quotes in Canada
The cost of life insurance ranges from $7 to $44 per month for $100,000 in coverage for male/female non-smokers. The life insurance premium increases as age increases. The table below illustrates term life insurance quotes for different ages.
Cost of a $100,000 life insurance policy:
| Age (in years) | Male (non-smoker) | Female (non-smoker) |
| 20 years | $9.45/month | $7.71/month |
| 30 years | $9.45/month | $8.19/month |
| 40 years | $10.53/month | $9.72/month |
| 50 years | $18.00/month | $15.12/month |
| 60 years | $44.10/month | $33.57/month |
*Illustrative term life insurance cost of a 10-year plan with $100,000 in coverage for male/female non-smoker
What affects your life insurance quote?
Your life insurance quote is mainly based on your age, smoking or nicotine use, health history, coverage amount, policy term, occupation, lifestyle and province of residence. A preliminary online quote can help you compare options, but the insurer confirms the final rate after reviewing your application and, where required, medical or lifestyle information.
Is it better to get a life insurance quote online?
Yes, getting life insurance quotes online is often the most efficient way to explore your options. It allows you to compare multiple insurers in one place, without spending hours contacting individual companies or going through lengthy sales processes. You get a clearer view of pricing, coverage, and benefits, all tailored to your profile.
With PolicyAdvisor, you can review quotes from the biggest life insurance companies in Canada quickly and make informed decisions at your own pace. Instead of dealing with pressure or uncertainty, you have the flexibility to compare, customize, and choose the coverage that best fits your needs. Use the tool below to instantly get quotes from 30+ top Canadian insurers.
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How to get life insurance quotes online in Canada
Some online insurance brokers simply collect your contact information and have a representative call you to start the same old process. At PolicyAdvisor, we are different.
Provide basic details
Give us some quick details about your age, sex, and smoking status to get started.
Choose your coverage
Enter the term and amount of insurance you are looking for, or simply use a slider to get to the correct number.
Get a quote and customize it
Choose the best quotes for life insurance by comparing 30+ insurers. Change the term, amounts, and more to suit your needs.
Why choose PolicyAdvisor for a life insurance quote in Canada
Getting a life insurance quote shouldn't feel complicated. Here's why Canadians choose PolicyAdvisor:
No waiting for callbacks. No hidden pricing. Compare personalized insurance quotes upfront.
View multiple options side-by-side and find the best, most affordable option for your financial safety.
Your premiums stay fair and clear.
Explore your options without any pressure to buy.
Start your quote online in minutes and complete your application seamlessly.
Have questions? Speak to a licensed advisor for guidance anytime you need it.
Still not sure where to start with your insurance quote?
Check out this video and let our licensed advisors help give you an idea!
How can I get the lowest life insurance quotes in Canada?
Getting the lowest quote isn’t about choosing the cheapest life insurance policy, it’s about comparing your options strategically. Here’s how to secure the best possible rate:
To find the lowest rates, simply compare the best life insurance quotes online using PolicyAdvisor’s easy tools. Or, you can simply talk to one of our licensed insurance advisors. We can help assess your unique situation and find the best-priced insurance policy.
Need insurance answers now?
Call 1-888-601-9980 to speak to our licensed advisors right away, or book some time with them.
What kind of life insurance quote should I get?
There are primarily two types to consider: term life insurance and whole life insurance. You can get quotes instantly for both at the click of a button on PolicyAdvisor.
| Term Life Insurance | Whole Life Insurance |
|---|---|
| Lower cost premiums, making it the most affordable option | Higher premiums due to lifelong coverage and added features |
| Coverage lasts for a fixed period (e.g., 10, 20, or 30 years) | Coverage lasts your entire lifetime (as long as premiums are paid) |
| Ideal for short-term financial needs like mortgages or debts | Builds cash value that you can access or borrow against |
| No investment or cash value component | Can be used as a long-term financial or investment tool |
| Best suited for young families or those with temporary financial responsibilities | Ideal for legacy planning or those with fewer financial obligations later in life |
How much life insurance coverage do you really need?
Not sure of exactly how much insurance you need? A common rule of thumb is to purchase life insurance coverage equal to 7 to 10 times your annual income. That said, there’s no one-size-fits-all solution and the right amount depends on your unique financial responsibilities.
Answer a few quick questions about your family and financial situation and our life insurance calculator does the rest. It will show how much coverage it would take to ensure you get the right financial protection for you and your loved ones.
Which companies provide life insurance quotes on PolicyAdvisor?
We show you quotes from the best life insurance companies in Canada. This includes some of the most trusted insurance providers, such as:
Frequently Asked Questions
Can I get life insurance quotes online even if I have health issues or if I smoke?
Yes, you can get online life insurance quotes if you have health issues or if you smoke cigarettes, vape, or use marijuana. You may still be able to qualify for normal term or whole life insurance policies. Or you can look at no-medical life insurance options that are more accepting of people who have health concerns.
Keep in mind that life insurance quotes for smokers or those with health issues may not be as low as for people who are in regular health, though.
Can I get a whole life insurance quote online?
Yes, you can get a whole life insurance quote online on PolicyAdvisor. We also provide term life insurance policy quotes. Our goal is to give you expert advice and the most comprehensive choices for financial protection.
Can I compare term life insurance quotes and whole life insurance quotes online?
Yes, you can compare term life insurance quotes and permanent life (whole or universal) insurance quotes on our website, and consider which may be better for you.
The type of policy you should get really depends on why you want life insurance. Many younger Canadians choose 20- or 30-year term life insurance to cover things like mortgages or provide for dependents. These plans pay out a death benefit if you pass away during the policy term. In contrast, older Canadians often consider whole life insurance, which lasts for your entire lifetime and can be part of estate planning.
Can I get non-medical life insurance quotes online with PolicyAdvisor?
Yes. If you have pre-existing conditions, you can get no-medical life insurance quotes online from PolicyAdvisor. This is great insurance for smokers or for those who just want to avoid getting a medical exam. No lab work, urine sample, or blood pressure tests required! You can start by using our online and free life insurance quote tool.
Where can I find the cheapest life insurance in Canada?
You can find competitive life insurance quotes in Canada on PolicyAdvisor using our simple online quoting tool. The price of life insurance depends on many factors like age, health, smoking status, and coverage amount. But by shopping around and comparing multiple insurers through our platform, you’re likely to find more affordable rates than going to any one provider alone.
Where can I get the best life insurance quotes?
You can compare the best life insurance quotes online on PolicyAdvisor. Our online tools make it easy to review quotes for different types of policies in less time than it takes to brew a cup of coffee. Whether it’s term insurance with a tax-free death benefit or whole life insurance with a cash-value component, we provide competitive quotes and help guide you to the best coverage for your situation.
What happens after I get an online life insurance quote in Canada?
After you use our online tools to browse quotes from top insurance providers, your quote is saved in our system for free. From there, you can submit an online application and our licensed advisors will guide you through the entire process, including any medical questionnaires or required underwriting steps. We’ll coordinate with the insurance company and keep you informed throughout. And remember, you never pay us anything. Our support is free, from quote to approved policy.
Can I get a life insurance quote in Ontario or other provinces in Canada?
Yes. You can get a life insurance quote in Ontario, Alberta, British Columbia, and anywhere else in Canada through PolicyAdvisor. Simply enter your details online to compare personalized term and whole life insurance quotes from 30+ top insurers. While your province may influence certain underwriting factors, you can apply digitally from anywhere and view competitive rates in minutes.
How life insurance quote estimates are generated?
Online quote estimates are based on the details entered, including age, province, smoking status, coverage amount and selected policy term. They are intended to help you compare potential options. They are not a guaranteed offer of insurance.
Are online life insurance quotes final prices?
Usually, no. An online quote is an estimate based on the details you provide. Your insurer confirms the final premium and eligibility after reviewing the application and may request additional information, including health or lifestyle details.
