Term Life Insurance

Life is never predictable, and you want to be sure you've protected what matters most. Changes like having a new baby, buying a new home, starting a new job or a sudden loss are all situations that can affect your insurance needs.

Term life insurance for a period of 10 or 20 years offers an affordable way to ensure your beneficiaries' needs are covered through cash benefits, with rates that fit your budget and no change in premium for the length of the term.

Today's needs:

What are some of the things that would need to be paid for in the short-term?

• Children's education
• Mortgage
• Car loan
• Line of credit and other debts
• Loss of group insurance plan with change of job/career
• Emergency funds (major home or car repairs, sudden illness, etc.)

Affordable term life insurance is also available for a longer term, according to your needs.

Longer-term needs:

What are some of the things you want to ensure are covered down the road after you're gone?

• Financial support for your beneficiaries when you pass away
• Funds to cover financial obligations, and pay other expenses
• Capital gains taxes on your assets (property, investments, etc.)
• Business succession
• Legacy provisions for your favourite charity

How much coverage is enough?

Your insurance needs change depending on where you are in your life and your lifestyle. It will also depend on factors like your age, marital status, number of children, income and assets. Use our online Life Insurance Calculator to help you determine how much is enough to ensure your loved ones are able to maintain the lifestyle you've created.

Whether or not you have insurance through a group plan or other policy, you want to ensure your family stays protected at every stage. Term life insurance provides a simple, economical way to do just that.