We have access to the best life insurance rates offered in Canada. Term Life insurance is an insurance contract that has a level cost of insurance, which renews after a specific term, ie 5 years, 10years, or 20 years. Upon renewal, there is rate increase dependent on the client's age at renewal, which is usually a much higher cost than their current rates.
A sample cost of 10 year plans as of June 17, 2009 for the amount of $100,000.
Monthly premium:
| Age | Male Non-Smoker | Female Non-Smoker |
|---|---|---|
| 30 | $11.07 | $8.73 |
| 40 | $13.50 | $11.52 |
| 50 | $23.04 | $18.36 |
Premiums are subject to change for illustration purposes only, individual premiums may vary.
