Our Term Life Products
We have many options to suit your life insurance needs. Renewable and non-renewable life insurance policies that are available in 10, 15, 20 and 25 terms. You can get coverage from $100,000 up to $1,000,000. We also offer a T100 term life policy. It all depends on what your unique needs are for you and your loved ones. We can help you calculate how much coverage you need.
Not sure which type of plan is best for you?
No problem. Our licensed agents can assist you in assessing your financial needs to help you determine the best plan and coverage to fit your unique needs and budget.
What’s the difference between our term life plans?
Non-renewable term life cancels once your policy’s term ends. Renewable term plans are eligible to renew at the end of their initial term without any health questionnaire or medical evidence required. Important to note: Rates will increase at the time of renewal based on the age attained for the insured.
Another difference between renewable and non-renewable is that the premiums typically cost slightly less for a non-renewable plan. You may be eligible for instant approval of both our renewable and our non-renewable plans at the time of application. Your policy can be effective immediately if no further medical information is required.
For our T100 life plan, your policy is in effect until you reach the age of 100. You can have your policy in place without any worry, knowing your loved ones will be covered. Premiums are typically much higher for the T100 plan.
What’s great about our plans?
You may be eligible to have your policy in effect within minutes. Assuming no further medical information is required through our agent-assist online application, and your application is approved instantly, your coverage will take effect immediately. It’s that simple. Learn more below or give us a call at 1-844-371-7173 to obtain a quick quote or to speak with a 0% commission, licenced agent.
Product Comparison
Non-Renewable Term Life Insurance |
Renewable Term Life Insurance |
Term 100 Insurance |
|
| Eligibility ages |
Term 10: 18-60 Term 15: 18-55 Term 20: 18-50 Term 25: 18-45 |
Term 10: 18-60 Term 15: 18-55 Term 20: 18-50 Term 25: 18-45 |
Term 100: 18-65 |
| Coverage Amount $100,000 – $1,000,000 |
Ages 18-45: $1,000,000 Ages 46-50: $500,000 Ages 51-55: $250,000 Ages 56-60: $150,000 |
Ages 18-45: $1,000,000 Ages 46-50: $500,000 Ages 51-55: $250,000 Ages 56-60: $150,000 |
Ages 18-45: $1,000,000 Ages 46-50: $500,000 Ages 51-55: $250,000 Ages 56-65: $150,000 |
| Application | Simplified & instant issue or underwritten if more medical information required | Simplified & instant issue or underwritten if more medical information required | If approved, coverage effective 4-6 weeks |
| Medical Questionnaire | Yes. Medical exam and fluids may be required. | Yes. Medical exam and fluids may be required. | Yes. Medical exam and fluids may be required. |
| If Approved, Coverage Effective | Instant approval or 4-6 weeks if more medical information required | Instant approval or 4-6 weeks if more medical information required | Yes |
| Maximum Expiry Age | 70 | 70 | Lifetime (coverage continues past the insured’s 100th birthday) |
| Cash Surrender Value | None | None | None |
| Renewable/Convertible | No | Renewable only | No |
| Premiums | Premiums level throughout the policy term | Premiums level throughout the initial policy term; step-up rates apply at time of renewal | Premiums level throughout the policy term and must be paid up until the insured’s 100th birthday. |
