Canada Life's Term Life Plans offer you a more affordable and less restrictive way to protect your home and the ones you love. Unlike the mortgage insurance plans your lender offers, Canada Life provides you with term life insurance that is more affordable and is customized to your needs. Beat your lender today and own a term plan that puts financial control back into you and your family's hands.
Canada Life’s Term Insurance is available for 5, 10 or 20 year periods;
Can be renewed without the need of undergoing any medical questionnaires or tests;
Guaranteed Premiums for the duration of your term period and coverage that can’t be cancelled or altered.
Choose a beneficiary and allow them to decide how to use the benefit. Cover funeral costs, pay off your mortgage, or simply leave a legacy behind.