Insurance Amount:

Select the amount of insurance that you would like.

Payment Schedule:

Select the frequency you would like to pay your premiums.

Coverage Type:

Term insurance is purchased on a term basis. This is measured in years. For example, a 10-year term policy will lock its prices for ten years. At that point the price will increase.

Prices increase based on greater terms. However, in the long run it is cheaper since the price does not increase as often. For example, a 20-year term policy would be cheaper than getting a 10-year term policy and renewing at the 10-year point.

The type of coverage depends on the time you will need the policy.

Term 100 is considered to be a permanent type of insurance.

Most term policies have a convertible feature that allows you to convert to any policy with equal or lesser value without medical requirements as long as you stay with the same company.

Health:

Canadian insurance companies give added discounts for preferred health status. These discounts can add up to a great deal of savings for you. See the criteria below to see what class you fit into.

Preferred Plus

Can you answer "yes" to all these questions:

Preferred

Can you answer "yes" to all these questions:

Regular

Can you answer "yes" to all these questions:

Maximum Weight (lbs) to Qualify for The Rate Class 
(this is to be used as a guide - each company has its own rates).

Last Used:

Enter the length of time since you have last used tobacco products

If you have been smoke free for 12 months you are considered a non-smoker. Smoker’s rates are higher than non-smoker rates due to health concerns.

After 12 months of non-smoking you can apply for non-smoker’s rates.