You meant to look into life insurance, but somehow another year has passed. Whether you’re busy chasing kids or big life goals, later comes sooner than you think. Blue Cross Life makes it easy to protect what matters most, so you can stop worrying and enjoy the journey.
Just like budgeting or investing, life insurance is a key part of your financial health. It’s a safety net that supports your long-term goals and helps you build a stable future, no matter what life brings.
You’ve hit some of your biggest milestones. Now is the perfect time to protect what you’ve worked so hard to build, and it’s more affordable than you think.
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The road ahead is full of curveballs. Secure your family’s future today, so you can stop worrying and get back to living your best life together.
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Financial anxiety can really take a toll. Your mental well-being starts with feeling secure, and term life insurance is a big step toward a calmer mind.
For many Canadians, protecting the financial investment of their home is a top priority. If you’ve purchased a home, you may already have mortgage life insurance.
But while mortgage life insurance provides coverage for your mortgage balance, term life insurance can give you the same protection and then some.
Here’s why term life insurance is the smarter choice.
Unlike mortgage insurance, term life insurance provides coverage that doesn’t decrease with your mortgage balance.
With a flexible lump-sum payout, your loved ones can use the funds to cover any financial obligations, not just a mortgage balance.
Your term life policy is portable, meaning your coverage stays with you even if you move or change mortgage lenders.
With monthly rates lower than the cost of a night of takeout for the family, term life insurance is an affordable way to protect the ones you love most. And by locking in rates while you’re younger and healthier, you can enjoy these low premiums for years to come.
If you have some life insurance coverage from your employer, you’re off to a great start. But it may not be enough to cover your dependents and other financial responsibilities.
Having an individual term life policy puts you in the driver’s seat. It protects you from the risk of losing coverage during an unexpected layoff, and moves with you when you change jobs to build your career.
Blue Cross Life makes applying for term life insurance more convenient than ever. 3 steps, 1 seamless digital process—get it done between school pickup and the grocery run.
Pick the term length and coverage amount that suits your needs. Answer 4 quick questions to get a free, no-obligation term life insurance quote.
Tell us more about yourself and complete your application in under 20 minutes. Many eligible applicants are approved right away.
Review your terms, accept your coverage, and make your first payment without even leaving home. Your rate stays the same for the duration of your term.
Need support or advice? Our team of expert insurance advisors are ready to help by phone or email.
Get flexible, affordable term life coverage with Blue Cross Life:
Term lengths of 10, 15, 20, 25, or 30 years
Coverage amounts from $100,000 to $5 million
Rates that never change throughout your term
10% discount on first year rates when purchasing as a couple
Free cancellation at any time, with no fees or penalties
What expenses might be coming up in your future? Thinking ahead can help you secure the right coverage at the best rates.
Growing your family?
Upgrading your home or vehicle?
Other financial goals?
Your coverage amount is unique to you. Here are some things to consider:
Debts (mortgage, credit cards, car payments)
Dependents (partner, children, pets, aging parents)
Other financial obligations (retirement savings, business expenses)
We’re here if you can’t find the answer you’re looking for, or just need advice. Give us a call at +1 (866) 316-4458 (Monday-Friday, 9 AM - 5PM EST) or email us at service@life.bluecross.ca.
Term life insurance provides your loved ones with a financial safety net in case the worst were to happen to you. It provides flexible protection at affordable rates for a limited period, making it a popular choice for many Canadians.
If you pass away within the specified timeframe, your beneficiaries will receive a tax-free, lump-sum payout that can be used to cover any financial needs, including lost income, daily living expenses, outstanding debt, or funeral arrangements.
If you’re younger and in good health, medical follow-up is typically not needed when applying for term life insurance. Your answers to the health questionnaire will determine if extra information is required. If you’re asked to complete any medical testing, don’t panic. It sounds scary and stressful, but the process is a lot simpler than most people think.
With Blue Cross Life, our team of expert advisors will guide you through each step of the way. You won’t need a family physician or to find your own doctor or walk-in clinic. Once the necessary assessments are complete, your application will be finalized.
Great question! Term life insurance works the same way no matter your age. But your life will probably look different as you move into the next chapter of your life. You may have elderly parents to care for, your dependent children may move out, and your income level may change.
As you get older, you might benefit from different coverage amounts or term lengths. You can layer on an additional term life policy if the need arises, or reduce your coverage as your financial responsibilities change. Term life insurance gives you flexible, affordable protection you can depend on and keeps pace with you as life evolves.
Owning a home and having financial dependents (like kids or aging parents) are only a few of the reasons to buy life insurance. Life insurance is a financial tool that protects the life you’ve built and all that’s still to come, no matter what that looks like. The payout can cover any outstanding debts, living expenses, and financial obligations. You’ll breathe easier knowing you won’t leave your loved ones with a financial burden if you’re no longer around.
Yes, life insurance rates tend to rise with age and the increased risk of health-related issues. But term life insurance can still be more affordable than you think, even as you get older.
The only way to know exactly what your monthly premiums could be is to get a life insurance quote. With Blue Cross Life, you can get a free, no-obligation quote online in just a few minutes.
® Registered Trade-mark of the Canadian Association of Blue Cross Plans, an association of independent Blue Cross Plans. TM Trade-mark of the Canadian Association of Blue Cross Plans, an association of independent Blue Cross Plans. Used under license by Blue Cross Life Insurance Company of Canada (Blue Cross Life®).
Term Life and Critical Illness Insurance products are underwritten by Blue Cross Life and distributed by PolicyMe Corp.
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