Wawanesa Life Insurance Company policies

Pluses:

1. Just added a Term 30 policy.
2. Just revamped their simplified issue and have a non-medical life insurance plan.

Minuses:

1. Their Universal Life policy is not competitively priced at certain age brackets.
2. No participating Whole Life insurance plan.


Back to Wawanesa Life Insurance Company

 

LSM Wawanesa Policy Reviews

  • Better Options with Wawanesa’s Universal Life Plan

    Wawanesa Life’s Universal Life plan was redesigned in 2007 with 4 different cost of insurance (COI). Applicants can choose between an annual renewable term COI (allows for higher cash values in the early policy years), level COI and 15 and 20 year quick pay COI options.The quick pay options result in higher intial premiums but [...]

  • Wawanesa’s LifeStyle Term 10 and Term 20 Policies

    Wawanesa Life, a major property and casualty carrier, offers Term 10 and Term 20 insurance, coined LifeStyle Term. The Term 10 plan is available for applicants between the ages of 18 to 70, and the Term 20 plan is available for applicants between 18 to 60 years old. Both plans are renewable and convertible, and [...]

12 Responses to “Wawanesa’s LifeStyle Term 10 and Term 20 Policies”

  1. Could you give me quotes on life insurance for amounts of $100,000, 150,000, 200,000 & 200,000. I am a 41 year old male, smoker who lives in ontario. I am interested in term life insurance to pay on a monthly basis.

    John thought on July 16th, 2008 1:43 pm
  2. Hi John,

    Thanks for your note. I’ll send some quotes to your email address now. Regards … Lorne

    lorne thought on July 16th, 2008 2:58 pm
  3. Could you give me quotes on term life insurance for amounts of $100,000. I am a 43 year old female, non-smoker and healthy and also my husband, 46 years old, non-smoker and also healthy. I have another question what is the difference between Standard Rates and Preferred Rates?

    Thanks.

    Lea thought on July 29th, 2009 6:32 pm
  4. Hi Lead,

    Thanks for the note. Preferred rates are usually available at amounts above $250,000 are given to individuals in very good health with excellent family health history.

    Standard rates looks less at family history and the insured can be in good health (i.e no major health issues)

    I’ll send you a quote in a seperate email. Regards … Lorne

    lorne thought on July 29th, 2009 8:02 pm
  5. Could you please give me some quotes for life insurance for $250,000. I am 52, female, non smoker and healthy. My husband is also 52 non smoker healthy however does take pills for his blood pressure.

    Darice thought on August 28th, 2009 1:55 pm
  6. Hi Darice,

    Thanks for the note. I am happy to help out. Ballpark rates are $250,000 Term 10 for your husband is $54.45 a month and for for you $40.05 at standard rates and $29.70 a month at preferred rates.

    lorne thought on August 28th, 2009 5:52 pm
  7. i would like to get quotes on 10 and 20 years life insurance for $250000.i am 53 male non smoker healt hy ,however i take pils for blood pressure constantin

    constantin thought on November 11th, 2009 1:19 am
  8. Thanks for the note.

    Below are the rates for the leading carrier in Canada and Wawanessa.

    $250,000 Term 10
    RBC Insurance $58.19 a month
    Wawanessa $59.85 a month

    $250,000 Term 20
    Manulife $120.97 a month
    Wawanessa $126.45 a month

    Regards … Lorne

    lorne thought on November 11th, 2009 8:57 am
  9. HI
    I am 54 year old male good health
    I want to know how much is the premiun for
    a $100000 10 year term.

    also would it be necessary to go through the full medicals or would the medical questionaire be enough as is the with most insurance companies.

    Emile thought on February 15th, 2010 3:08 pm
  10. Thanks for the note. I will be in touch with a separate email now.

    lorne thought on February 15th, 2010 5:20 pm
  11. Curious on the cost of $400.000 of life insurance for a 55 year old male, non-smoker, term to 100 if possible.

    Thanks

    Jerry thought on February 27th, 2010 11:48 am
  12. Hi Jerry,

    Thanks for the note $400,000 Term 100 with Manulife is $514.83 a month and Wawanessa is $534.78 a month. We are happy to assist further by email, phone or in person.

    lorne thought on February 27th, 2010 4:57 pm

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