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Life insurance rates are on the decline

Updated: January 15, 2007

During the last few years, Canadians have increasingly benefited from reductions in term life insurance premiums making this already relatively inexpensive life insurance product even more affordable.

Everyone benefits

Lower life insurance rates are not just available for a select few. Lower life insurance premiums have been noted across almost all the Kanetix term life inusurance quotes, regardless of your age or gender.

What does it cost for life insurance?

The following chart details quotes obtained for two popular term life insurance products through Kanetix.ca


Term 10
Term 20
Term 10 life insurance, the most popular Term product in Canada, offers a premium guaranteed not to change for 10 years.

A non-smoker seeking $100,000 in coverage could be paying as little as:

Annual Premium
Age Male Female
30 $125 $101
35 $129 $109
40 $154 $130
45 $199 $155
50 $270 $214
Term 20 life insurance, popular with young families, offers a premium guaranteed not to change for 20 years.

A non-smoker seeking $100,000 in coverage could be paying as little as:

Annual Premium
Age Male Female
30 $150 $125
35 $166 $140
40 $209 $164
45 $307 $223
50 $470 $333
Quotes obtained from the Kanetix website January, 2007. Lowest quote shown.

Why consider life insurance?

From the time you marry, buy your first home, start a family and enjoy retirement, life insurance means you and your family have the financial security to reach your goals.

With the affordability of term life insurance, there is no better time than now to get the coverage you and your family need.



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