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Term & Whole Life Insurance Rates in Canada

Depending on the Canada life insurance companies and the type of insurance product or policy you are interested in, the difference in life insurance rates in Canada can be surprisingly wide.

Even when all factors are considered equal, including health class ratings, some term life insurance rates and some whole life insurance rates in Canada can still be as much as double the same product offered by a different Canadian insurance carrier.

In fact, many Canadians with existing Whole Life Insurance or Term Life Insurance policies from top rated life insurance companies in Canada are simply paying too much. Most think they have a cheap life insurance rate but they could be doing better.

For instance, a high percentage of Canadians actually qualify for a better health class rating than the one they have under their current life insurance Canada policy. Do you qualify for Preferred Insurance?

A better health class rating can dramatically affect term life insurance rates and whole life insurance rates in some Canadian life insurance policies.

In fact, another area where many Canadians are simply paying too much is when they purchase mortgage insurance from their lender. Lender mortgage insurance rates in Canada are not always as competitively priced so if you have your mortgage insurance through your lender Contact an IDC broker to learn how you could save.

Get A Cheap Life Insurance Rate Through IDC

Let Insurance Direct Canada (IDC) show you how you can easily find out the best term life insurance rates and whole life insurance rates in Canada just by answering 10 short questions.

Within moments you’ll be given a list of Canada life insurance rates for many of Canada’s top rated life insurance companies including:

  Empire Life Unity Life Industrial Alliance Life
  Western Life AXA Life Transamerica Life
  Wawanesa Life AIG Life Manulife Financial
  Equitable Life RBC Insurance (plus others like Desjardins)

After reviewing term life insurance rates or whole life insurance rates online, Contact An IDC Insurance Broker for a free life insurance consultation. An IDC insurance broker can help you sort through the confusion when it comes to whole life insurance rates and term life insurance rates.

IDC does not charge a fee for our service. If you decide to choose an insurance carrier through IDC that insurance company pays for our commissions.

Get term life insurance rates and whole life insurance rates for the following provinces and territories: Ontario, British Columbia, Alberta, Manitoba, Saskatchewan, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador, Yukon, the Northwest Territories and Nunavut.

Cheap Term Life Insurance Rates for Seniors

Another myth is only the young can get cheap term life insurance rates. This simply is not true. Guaranteed permanent life insurance rates can be a lot higher for seniors because of the inherent assumption that seniors are not healthy.

In fact, if you are a senior and you are in reasonably good health, term life insurance rates can be a lot less because it is based on your health. This could mean significant savings for you!

Contact IDC & Get Help
Find the Best Whole Life & Term Life Insurance Rates in Canada

To learn more about whole life insurance rates or term life insurance rates in Canada or for help in choosing the best life insurance Canada policy for your needs, nothing beats speaking to a live person.

Call a knowledgeable IDC insurance broker Toll Free at 1-866-238-9271, from anywhere in Canada. If you prefer, Contact an IDC broker online or complete our Online Life Insurance Quote form.

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