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As an occupant of the Toronto area, owning the right type of life insurance can make a considerable difference in your life and the lives of your loved ones and those who require you for financial support. In the Toronto area, including coverage under a life insurance policy into your financial plan commonly means the difference between leaving your family an estate that is financially sheltered and leaving behind debts and not enough income.
A life insurance policy for residents of the Toronto area:
- Supplies your family and others who require you for financial support, a way to catch up on the loss of your income
- Protects your family from large debts that, with the loss of your income, would be too much to handle-like a mortgage, outstanding credit cards balances, and car loans for example
- Can offer possible tax advantages for yourself and your beneficiary
- Can be made use of to pay final expenses like funeral arrangements and income tax
Whether you live in the Toronto area or any other town in Canada, you will find a life insurance product through Kanetix that your lifestyle and meets the needs of your family:
- You can obtain term life insurance coverage on your own life, or you can obtain one policy for both you and your spouse (called a joint life policy)
- You can obtain term life insurance coverage that provides protection for 10 or 20 years, or even one that provides coverage until you are 100
- You can obtain coverage for as little as $50,000 or up to $2,000,000
For the residents of the Toronto area, locating information on life insurance and comparing quotes from competing life insurers is easy through Kanetix-a better way to shop for insurance.
Life insurance in top Ontario cities
Joint, Term 10, $300000, Non-smoker
| BMO Life Assurance Company | $2088.00 |
| Transamerica Life Canada | $2153.00 |
| The Canada Life Assurance Company | $2202.68 |
| IA Pacific | $2223.00 |
| Desjardins Financial Security | $2228.00 |
| Range of top quotes | $140.00 |
Single, Term 20, $1800000, Non-smoker
| RBC Insurance | $2052.40 |
| Equitable Life Insurance Canada | $2228.00 |
| BMO Life Assurance Company | $2253.00 |
| Transamerica Life Canada | $2264.00 |
| IA Pacific | $2274.00 |
| Range of top quotes | $221.60 |
Joint, Term 20, $600000, Non-smoker
| RBC Insurance | $1145.80 |
| Equitable Life Insurance Canada | $1232.00 |
| Transamerica Life Canada | $1238.00 |
| BMO Life Assurance Company | $1239.00 |
| IA Pacific | $1266.00 |
| Range of top quotes | $120.20 |
Single, Term 20, $1500000, Non-smoker
| RBC Insurance | $2092.00 |
| Equitable Life Insurance Canada | $2180.00 |
| BMO Life Assurance Company | $2205.00 |
| Transamerica Life Canada | $2210.00 |
| The Canada Life Assurance Company | $2240.00 |
| Range of top quotes | $148.00 |
Single, Term 20, $1100000, Non-smoker
| RBC Insurance | $2323.60 |
| Equitable Life Insurance Canada | $2470.00 |
| Assumption Life | $2504.00 |
| Transamerica Life Canada | $2514.00 |
| BMO Life Assurance Company | $2528.00 |
| Range of top quotes | $204.40 |
Joint, Term 10, $1000000, Non-smoker
| Equitable Life Insurance Canada | $740.00 |
| RBC Insurance | $800.00 |
| BMO Life Assurance Company | $825.00 |
| Transamerica Life Canada | $830.00 |
| The Canada Life Assurance Company | $903.60 |
| Range of top quotes | $163.60 |
Joint, Term 10, $150000, Non-smoker
| IA Pacific | $1744.50 |
| BMO Life Assurance Company | $1761.00 |
| Transamerica Life Canada | $1818.50 |
| The Canada Life Assurance Company | $1867.10 |
| Desjardins Financial Security | $1881.50 |
| Range of top quotes | $137.00 |
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