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 [...]
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.
Hi John,
Thanks for your note. I’ll send some quotes to your email address now. Regards … Lorne
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.
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
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.
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.
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
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
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.
Thanks for the note. I will be in touch with a separate email now.
Curious on the cost of $400.000 of life insurance for a 55 year old male, non-smoker, term to 100 if possible.
Thanks
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.