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Life Insurance


Life Insurance Tip

Many young and healthy people delay buying life insurance until they start planning for a family.

Tip: Sooner rather than later is the best time to purchase a policy. You will generally be rewarded with better rates at younger ages.

This page provides links to information, providers and news relating to life insurance for Canadians.

There are two main kinds of life insurance: term and permanent. While term insurance covers you for a specific period of time, permanent life insurance – as the name implies – protects you for your lifetime. It can build cash values and provide a death benefit. If the permanent life insurance policy you are considering has a cash value, you should review the product guide provided by the insurance company to better understand the volatility of the yield on the assets; that is, the investment risk and the long-term historical return the product you are considering has earned.

See our buying checklist for some key questions to ask before you buy or renew your life insurance.

Featured Providers

If you are doing research and wondering where to buy, each of the following directories contains a brief overview and contact information for a select list of featured providers.

Latest News

Articles, editorials, commentary, research, news releases, and published material about life insurance in Canada.

See more life insurance news in the archive.



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