How the main options differ on price, underwriting speed and features — for an example profile (35-year-old female, non-smoker, $100,000 comprehensive CI, Term 10). Personalise it.
Breakdown
| Feature | Basic (cancer, heart attack, stroke) | Comprehensive (25+ conditions) | Comprehensive + return of premium |
|---|---|---|---|
| Estimated price | $34.10/mo | $55.00/mo | $79.75/mo |
| Underwriting | Health questions | Full underwriting | Full underwriting |
| Core benefit | Covers the 3 conditions behind most claims | 25+ covered conditions | Premiums refunded at expiry/surrender if no claim (conditions apply) |
| Key feature | Lump sum after 30-day survival | Early-stage partial payments on many plans | Same broad condition list |
| Watch out for | Simplified underwriting options | Optional return of premium | Higher premium |
| Ready? | Start | Start | Start |
Estimates are indicative ranges based on typical Canadian pricing for the example profile shown. They are not an offer of insurance. A licensed advisor confirms actual insurer quotes.
check_circle
Not sure which option fits? An advisor licensed in your province will compare real insurer prices across all three approaches — free, with no obligation.
Comparisons use Instasure’s pricing model and published product features. Insurers can’t pay to change rankings. Read our editorial guidelines and how we make money.
We use first-party analytics cookies to understand which guides help Canadians most. No ads, no selling data. Privacy
