Term Insurance Calculator Canada

Premiums shown are not guaranteed. Canada protection plan wins insurance business magazine’s life and health insurer of the year award for 2020. Coverage expires after the initial term and cannot be renewed

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We've provided a helpful term life insurance calculator tool that will provide you will a clear idea of how much coverage you may need.

Term insurance calculator canada. Type of insurance 10 year term 15 year term 20 year term 25 year term 30 year term 35 year term 40 year term term to age 65 term to age 70 term to age 75 term to 100 guaranteed life pay other term 10, 20, to 65 term 10, 20, 30, to 65 term all level term product categories whole life guaranteed whole life guaranteed pay to 65 whole life. Provides canadian’s with access to over 20 life insurance companies who offer term life insurance. For coverage $1,000,000 and over, apply for yourterm life insurance:

To get an estimate of what yours will be, you can use a mortgage insurance calculator. At the time of this writing, a 35 year old should be able to purchase $500,000 of term life insurance for about $28 per month at regular rates but preferred term insurance rates could be as low as $21 per month. This cost range is based on the information you gave us, and applies to term life insurance products that renew every 10 years.

Find an rbc insurance store or advisor opens in new window * online option may not be available to all customers. What is term life insurance? We offer different types of life insurance including term insurance, permanent insurance and insurance for children.

Call us with questions or to apply by phone. Estimate of your term life insurance needs. Get started below or read more about how we calculate term life insurance needs in canada, as well as other types of life insurance coverage.

For coverage under $1,000,000, apply for rbc simplified ® term life insurance: Your insurance coverage needs to keep up. You may get many quotes by using the same variables and compare easily.

Simply fill out the appropriate fields and you’ll have a good estimate of your financial needs and obligations. Term life insurance is a life insurance product that covers you for a specific period of time, typically from 5 to 30 years. A canadian resident 1 is any person who:.