Compare real-time term and permanent life insurance rates from Canada's leading insurers in under a minute — free, no obligation, no phone call required. Enter a few details below to see live pricing.
Quote results can run long — scroll within the box above to see every option. Having trouble? Open the quote tool in a new tab instead.
Quote tool provided by Compulife®, an independent Canadian insurance quoting service. Quotes are estimates only — final premiums are confirmed through underwriting.
The tool above pulls live, published rates from major Canadian life insurance carriers based on the details you enter — your province, birthdate, gender, smoker status, an estimated health class, the type of policy, and how much coverage you want. It's the same starting point I use with clients to see roughly where pricing lands before we go any further.
A few things affect the number more than people expect. Term length matters — a 10-year term costs less than a 20 or 30-year term for the same coverage, but locks in for a shorter window. Health class matters even more: the difference between Preferred Plus and Regular can be significant for the exact same amount of coverage, and your actual class isn't confirmed until underwriting looks at your full health picture, not just what you select in the tool. And permanent policies — whole life or Term to 100 — will always quote higher than term for the same face amount, because they're built to last your entire life instead of a fixed period.
Because pricing for identical coverage can vary meaningfully between insurers, comparing several side by side — rather than calling one company directly — is usually the difference between an average deal and a good one. If a number here doesn't look right for your situation, or you're not sure which option actually fits, that's exactly the kind of thing worth a quick conversation before you apply anywhere.
Yes. The quote tool is completely free to use and doesn't obligate you to anything. It shows real-time rate comparisons across major Canadian insurers so you can see roughly what coverage would cost before you ever talk to anyone.
The quotes are based on the health class, coverage amount, and term you select, and reflect each insurer's current published rates. Your final premium is confirmed after underwriting, which looks at your full health history and other risk factors, so the actual offer can be higher or lower than the initial quote depending on how you're classified.
Just your province, birthdate, gender, smoker status, an estimated health class, and how much coverage you're looking for. No medical exam, SIN, or contact information is required just to see rate comparisons.
Term life insurance covers you for a set period (10, 20, 30 years, or to a specific age) and is usually the lowest-cost way to get a large amount of coverage. Permanent options, like whole life or Term to 100, last your entire life and typically cost more but never expire as long as premiums are paid.
Health class (such as Preferred Plus, Preferred, or Regular) reflects your overall health and risk profile as an insurer sees it — things like build, blood pressure, family history, and lifestyle. A higher health class generally means a lower premium. Your actual class is confirmed during underwriting, not from the quote tool alone.
Pricing for the same coverage can vary significantly between insurers depending on your age, health class, and the type of policy. Comparing rates side by side, and working with an independent advisor who isn't tied to one company, is usually the difference between an average deal and a good one.
You can request an application directly from the results, or reach out first to talk through which option actually fits your situation. Since I'm an independent advisor, I can help you interpret the results, flag anything the quote tool can't account for, and handle the application with whichever insurer makes sense.
A quote is just a starting point. Let's talk through your results and figure out the right coverage together.