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The Best Term to 75 Life Insurance Rates in Canada

Find out TD Term Life plans fall short before its too late  by craig Cloutier

You're covered until 75.
Photo by Craig Cloutier

Term to 75 life insurance coverage provides level rates and a level death benefit until age 75. Only a limited number of life insurance companies in Canada offer this type of coverage. The plan does not build up a cash-value, but is generally convertible to a permanent plan without a medical.

Below are the three providers offering Term to 75 coverage for a 40-year-old, male non-smoker:

La Capitale

Term to 75: $74.73/month.

Industrial Alliance

Pick-a-Term Level to Age 75: $76.73/month.

Co-operators

Level Term to Age 75: $82.80 a month.

 

La Capitale plan is actually a term 35 plan, but based on a 40-year-old's age, would cover the insured to age 75.

A Co-operators life insurance premium is $98.78 a month, but dividends are paid annually and the reduction is based on the premiums shown.

For more details on Term to 75 coverage, please contact us at 1-866-899-4849 or visit our Instant Online Quote Calculator.

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