TERM INSURANCE

Term Life Insurance offers low-cost coverage to protect your loved ones financially.

Life insurance doesn’t always require a lifelong commitment. Term Life Insurance offers low-cost coverage for a set period — 10, 15, 20 years or more — giving you the flexibility to choose what fits your needs. It’s ideal for covering mortgages, protecting your income, supporting dependents, or safeguarding your business. Term insurance is the most affordable way to secure financial protection for your loved ones.

Instant Life Insure is partnered with all major insurance providers in Canada, giving you access to the best term insurance plans and market rates. With various options available, our advisors help you choose the right term and coverage for your unique situation.

Benefits of Term Life Insurance:

  • It is simple to understand and provides medical coverage at affordable rates. 
  • Coverage options are available up to $10 million. 
  • Ensures a tax-free payment to the beneficiary, in case of your death while the policy is effective. 
  • It provides financial protection that you can customize to meet any of your needs like debts, funeral expenses, mortgage or rent, child-care costs, or other living expenses. 
  • You can convert your policy into permanent or universal life insurance before the age of 71, without any health questions or a medical exam.