Term vs Whole Life Insurance in Canada: Which Fits You?
Term life gives the most coverage per dollar for a set period, while whole life covers you for life and builds cash value at a much higher price. Here is how to decide.
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Term, whole and no-medical life insurance explained for Canadians.
Term life gives the most coverage per dollar for a set period, while whole life covers you for life and builds cash value at a much higher price. Here is how to decide.
Read guide arrow_forwardBank mortgage insurance pays your lender a shrinking amount, while personal term life pays your family a level benefit and moves with you. Here is how to compare them at renewal.
Read guide arrow_forwardPermanent residents can usually buy life insurance much like citizens, and many work-permit holders and students can qualify too. Here is what insurers look at and how to prepare.
Read guide arrow_forwardMost Canadian families need enough life insurance to clear debts, pay off the mortgage, replace several years of income and fund education. Here is how to add it up with the DIME method.
Read guide arrow_forwardExample term life prices by age, sex, smoking status, coverage amount and term length, from the Instasure estimate model, plus the factors that move your price and ways to lower it.
Read guide arrow_forwardEvery request is matched with an advisor licensed in your province who compares insurers for you, explains the fine print and handles the application. No cost to you and no obligation to buy.
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