Part of Insurance
Compare insurance policies by what they cover, what they exclude and what you would pay when making a claim. A lower premium does not necessarily mean equivalent protection.
Compare the 11 listed products below. Open a product for its terms and source links. Missing terms are not confirmed.
Canada Life
Provides a tax-free death benefit to help beneficiaries meet large expenses or keep a business running. It suits people seeking flexible temporary protection; premiums remain level for the initial term if the policy is unchanged, then increase on annual renewal until coverage ends near age 85.
Manulife
Provides a tax-free lump-sum death benefit for beneficiaries, suited to people starting a family, buying a home or topping up existing protection. Rates stay the same for each 10-year term, and renewal is available up to age 85 without new medical questions.
Desjardins Insurance
Provides lifelong protection and a tax-free death benefit for final expenses, inheritance or charitable giving. It suits people seeking lasting financial support for loved ones; coverage continues as long as premiums are paid.
Beneva
Provides permanent life insurance as an option for protecting family finances and covering final expenses. It suits people seeking permanent rather than term protection; term and permanent coverage can be combined for a tailored solution.
Full details for Permanent Life Insurance (opens in new tab)RBC Insurance
Offers temporary life insurance protection for short-term needs with a route to lifetime coverage. It suits people seeking a quick online application; conversion to permanent insurance without medical proof is available until age 71.
TD Insurance
Offers lifetime life insurance coverage to help financially protect beneficiaries. It suits people seeking a lifetime option rather than a 10-, 20- or 30-year term; applicants must meet applicable age and citizenship or residency requirements.
TD Insurance
Pays a tax-free death benefit to beneficiaries if the insured dies while the policy is active. It suits young adults, growing families, parents and homeowners; applicants must meet the applicable citizenship or residency and age requirements.
PolicyMe
Provides a tax-free lump-sum death benefit to beneficiaries if the insured dies during the policy term. It suits people with dependants, a mortgage or other financial obligations; coverage applies for the selected term rather than for life.
BMO Insurance
Provides temporary death-benefit protection to help families cover mortgage payments, living expenses or education costs. It suits people starting out, expanding a family or taking on debt; a medical exam may be required.
Beneva
Provides life insurance to help replace family financial support and cover obligations such as a mortgage after death. It suits people protecting loved ones; term coverage can be switched to permanent insurance without a medical exam.
BMO Insurance
Provides permanent protection with a guaranteed death benefit and built-in cash value. It suits people planning final expenses, charitable gifts or estate needs; fixed level premiums are payable for a specified number of years.
Compare covered events, benefit limits, exclusions and waiting periods.
Check premiums, deductibles and any co-payments.
Review renewal terms, cancellation rules and claims requirements.
Insurance rules and product availability can differ by province. Confirm coverage with a licensed provider.
Confirm current fees, rates and eligibility directly with the provider. Product terms can change over time. A listed product is not a recommendation or a promise of approval.
Availability must be confirmed for your province or territory. If product-specific location or eligibility information is missing, it is not confirmed.
For further guidance, visit Financial Consumer Agency of Canada.
This is general information, not personalized advice. Read our editorial policy and affiliate disclosure.
Finvilo