Blue Cross Life helps Canadians protect what matters most with straightforward, affordable term life insurance.
Fast, free estimate: Get your personalized term life policy quote in minutes.
Buy online, anytime: Purchase your policy from home, on your schedule.
Flexible coverage: Protection that makes sense for you.
Discover why Canadians across the country trust the protection of a leading Canadian insurer.
Rates never change throughout your term.
Term lengths from 10 to 30 years.
Coverage from $100,000 to $5 million.
30-day grace period for missed payments.
10% discount on first-year premiums for couples.
Free $10,000 coverage for each of your dependent children.
Automatic renewals for no-gap coverage.
100% tax-free payout for beneficiaries.
Free cancellation at any time, no fees or penalties.
30-day money-back guarantee.
Female
Female
Age
$51
$82
$33
$23
$21
$22
$25
$32
$35
$54
$88
$74
$128
$47
$31
30
35
40
45
50
$71
$122
$44
$31
$29
Male
Male
The average term life insurance cost for Canadians can vary based on the term length, coverage amount, and insurance provider. Premiums tend to increase with age, but Blue Cross Life offers affordable term life insurance quotes that won’t break the bank.
Get affordable term life insurance rates and flexible coverage you can trust with Blue Cross Life.
Financial security in the event the policyholder passes away
Lump-sum, tax-free payout can be used to minimize financial burdens
Cover the cost of mortgage payments, outstanding debts, child expenses, or lost income
Monthly premiums for less than the cost of a dinner out
Protecting your family’s future has never been easier. Blue Cross Life provides instant term life insurance quotes to Canadians with just a few clicks.
Answer four quick questions to get a free, no-obligation term life insurance quote online.
Complete your application in under 20 minutes. Most eligible applicants are approved right away, and about 50% of applicants don’t need any medical follow-ups.
Review and accept your terms, then make your first payment to activate your coverage—all done online.
Need more help finding the right term life policy for your family or with your application? We’re here to help.
Email us at service@life.bluecross.ca, or speak with a licensed Canadian advisor at +1 (866) 316-4458 (Monday-Friday, 9 AM - 5 PM EST).
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Can’t find the answers you're looking for? We're here to help. Speak with a licensed Canadian advisor at +1 (866) 316-4458 (Monday-Friday, 9 AM - 5PM EST) or email us at service@life.bluecross.ca.
Term life insurance is designed to provide your loved ones who depend on you for financial support with financial protection for the term length you’ve chosen, typically 10-30 years.
In the event the policyholder passes away during the term, a term life insurance policy can cover expenses through a 100% tax-free, lump-sum death benefit paid out to the beneficiaries. The payout amount and length of coverage will depend on the plan you choose when you buy your policy.
Yes, for many Canadians, the cost of term life insurance is worthwhile. The payout from term life insurance can be used to minimize financial burdens, such as mortgage payments, outstanding debts, childcare expenses, or to replace the loss of income. Your loved ones can focus on their wellbeing, rather than financial stress, as they adjust to navigating life without you.
With Blue Cross Life, you can choose an affordable term life insurance policy based on the amount of coverage and the monthly premiums that best fit your needs.
Not always. Many applicants may qualify for term life insurance without a medical exam, depending on factors like their age, health, and coverage amount. If additional information is needed, a medical exam may be requested during the application process. With Blue Cross Life, the process is designed to be simple. Our advisors will guide you through each step, and you won’t need to find your own doctor or clinic.
Learn more about how no-medical exam life insurance works.
Term life insurance costs vary based on factors like your age, health, smoking status, coverage amount, and term length. Monthly premiums can start around $15, depending on your personal profile and coverage needs.
Learn how age impacts term life insurance rates and how starting earlier can affect your costs over time. You can also get a personalized quote based on your situation.
No. Once you buy a term life insurance policy in Canada, your rates are locked in for the duration of the term. You'll pay the same amount every month, regardless of your age or health condition.
A common starting point is coverage equal to 7 to 10 times your annual income. Your ideal amount may depend on factors like:
For a more personalized estimate, explore the Financial Consumer Agency of Canada’s guide to life insurance needs.
Your term length should reflect how long your financial responsibilities are expected to last. Many people choose a term that aligns with a mortgage, their children’s dependent years, or the time remaining until retirement.
Common term lengths include 10, 20, and 30 years. Learn how to choose the right term length for your situation.
To apply for term life insurance with Blue Cross Life, you must be a Canadian citizen or a resident of Canada. You must also be physically located in Canada when you sign your policy contract. Eligibility requirements may vary depending on your situation and the province where you live.
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