Term Life Insurance

What would happen if you were to pass away unexpectedly? Would your family be prepared to keep up the mortgage payments?

By purchasing TD Term Life Insurance, you can help ease your family's financial worries and make it possible for them to remain in their home. Keep in mind that even if your mortgage will be paid off in the near future, your family will still have to pay repair costs and other home-related expenses if you were to suddenly pass away.

What are your needs?

Now that you are a homeowner, your choice of term life insurance might depend, in part, on the following factors:

• the length of your mortgage
• the size and age of your family
• your spouse's earning power
• the lifestyle you would like your loved ones to continue to enjoy

TD Insurance offers 3 options:

• 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.