Canada’s vast landscapes and family-focused culture make life insurance quotes essential in 2025. With housing booms in Toronto and Vancouver, protecting loved ones against the unexpected is priority one.
Term vs. whole life: Term (10-30 years) is cheapest at $20-50/month for $500K cover. Whole builds cash value but costs $100+. Factors: Age (under 40 saves), health (non-smokers 50% less), and lifestyle.
Get life insurance quotes from PolicyMe or Ratehub.ca. Answer health questions honestly—misrepresentation voids claims. Top insurers: Manulife at $25/month average, RBC for quick approvals.
For immigrants from USA/UK, note CAD pricing. In IN/AU, similar but tax perks vary.
Discounts: Bundle with auto, healthy habits cut 15%. No medical exam options for small policies.
2025 updates: Digital underwriting speeds quotes. Gender-neutral rates post-equality laws.
Compare three quotes; save $300/year. Life insurance quotes ensure your legacy endures.