Life & Wealth
Term Life Insurance in Ontario
Term life is the most cost-effective way to protect a young family, a mortgage or a specific debt. Coverage runs for a fixed period (typically 10, 20 or 30 years) at a level premium, then renews or converts based on the policy's terms.
- 10 / 20 / 30 year terms
- Convertible to permanent later
- Renewable at end of term
- Compare carriers in one sitting
Speak to an advisor
Life and living benefits advice.
Our LLQP-licensed, FSRA-regulated life advisors review your situation and explain the options that match your goals and budget.
Speak to a Broker Book an AppointmentWho this is for
- Young families with dependents
- Homeowners with a new mortgage
- Anyone with co-signed or business debt
- Couples in their 20s, 30s and 40s
How BrokerUnion helps
- Determine the right coverage amount and term length
- Compare quotes from multiple Canadian life carriers
- Walk you through medical underwriting
- Review again at major life events
FAQ
Common questions
Term or permanent?
Term is the right answer for most young families. Permanent has its place for estate planning, but term covers the years you need it most at a fraction of the cost.
Life insurance is sold by licensed life agents and is regulated separately from property and casualty insurance in Ontario.
Ready to talk term life insurance?
A licensed broker will review your situation and walk you through your options. No pressure, no jargon.
More life & wealth coverage
Whole Life & Permanent Insurance
Lifetime coverage with a cash-value component.
Critical Illness Insurance
A lump sum when you need it most.
Disability Insurance
Replace your income when you can't work.
Personal Mortgage Protection
Better than the bank's mortgage insurance.
Travel Insurance
Out-of-province medical and trip protection.