Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time. Term life insurance is well-suited to meet high, short-term protection needs for the lowest initial cost. Well-suited to meet high, short-term protection needs for the lowest initial cost. For example, a couple with young children and a mortgage might select term life insurance as an affordable way to get the full coverage they need today.

Term life insurance provides coverage at a fixed rate of payments for a limited period of time,  the relevant term like term 5/10/15/20/25/30/35/40 . After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments and/or conditions. If the insured dies during the term, the death benefit will be paid to the beneficiary.

 We at Canada Insurance Plan suggest that Term life insurance coverage can do a good job of meeting immediate needs and may provide the opportunity to later move or convert to permanent life insurance without providing proof of health.

 We offer life insurance quotes from leading Life Insurance companies

 in industry like RBC, Sunlife, Manulife, Industrial Alliance to name

 few. It makes sense to shop around just like anything else, to

 facilitate your research for the best premium, one of our licensed

 broker will be more than happy to assist. Please note that quotes

 offered are not final rates, and are subject to change as per

 underwriting guidelines by the underwriter of insurance company.

 Please complete the form below and one of our representative shall

 contact you, to understand your needs and offer you best suitable