Term Life Insurance

If you are the primary earner in your family, you will want to take steps to make sure your family's lifestyle is protected should you pass away unexpectedly. Keep in mind that if your income has increased, you may also want to increase your protection accordingly.

What are your needs?

In your new situation, consider the kind of coverage you need in order to meet your financial obligations.

• The option you choose to replace your group plan will depend on whether you already have some type of personal life insurance coverage. If you do not have personal coverage, you will want to purchase an option that provides sufficient protection for your family. If you do, you may want to supplement it with what you are losing through the group plan.
• Consider the size and age of your family, your spouse's earning power and the lifestyle you would like your loved ones to continue to enjoy.

Get the right coverage

• TD Term 10 insurance is simple and affordable, provides protection for the next 10 years and is automatically renewed until the age of 80.
• TD Term 20 will provide protection for the next 20 years and is automatically renewed until the age of 80.
• TD Term to 100, also known as permanent insurance, provides protection for your lifetime.

When considering your choice, keep in mind that you can purchase a combination of the above. For example you might want to combine Term to 100 with Term 10 insurance to provide extra protection for the next 10 years, in particular if you have a debt to be paid off during that 10-year period.

Our term products (10, 20 and to 100) premiums are guaranteed at the time the coverage is issued. You can convert Term 10 and 20 to Term to 100 until the age of 69.