Whole Life Insurance for Women

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.

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  • LSM Insurance
    February 24, 2011 at 9:30 am

    Thanks Daniela. Whole Life insurance provides coverage for life. But the specifics of each policy changes from plan to plan and company. Some plans are payable for life others are paid up in a limited number of years.

    Some produce dividends others don’t. We will send you a separate email now. Regards,

  • Daniela
    February 23, 2011 at 11:38 pm

    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.