Whole Life Insurance for Women
Don't worry, Whole Life
insurance is less expensive
for Women. Photo by
Gabriele Fontana
Women pay a much lower premium for Whole Life policies than men. The following looks at the top three carriers for $250,000 worth of Whole Life 20-Pay coverage, i.e. the insured is covered for life and the policy is paid-up after 20 policy years.
40-year-old, male non-smoker with $250,000.00 of 20-Pay coverage:
Manulife: $204.15/month
Western Life: $208.55/month
Empire Life: $219.83/month
40-year-old, female non-smoker with $250,000 of 20-Pay coverage:
Manulife: $174.08/month
Western Life is $174.80/month
Empire Life: $175.73/month
For more details on women's Whole Life policies in Canada, please contact us at 1-866-899-4849 or visit our Whole Life Insurance Instant Quote Page.
Posted by Chantal Marr.
Chantal Marr is a member of the Independent Financial Brokers of Canada.
Much of her success stems from her ability to listen to her clients' needs.
Read Chantal's background.
Direct line: 416.273.7811, 905.248.4849 Email:
I am new to the insurance terminologies. Always had it through my employer, but now I will be moving to a new job, where insurance is not offered, so I am shopping for insuring myself. Can you pls. advise what exactelly it is covered under “Whole life insurance”?
Thank you.