Term insurance is the least expensive form of life insurance. Term life insurance provides protection during 5, 10, or 20 years or to age 65 or 75. In addition, this coverage may be renewed for further terms and most allow you to convert to a permanent life insurance plan. We offer benefits of up to $5,000,000, or up to $250,000 for plans that do not require medical exams.

Preferred Term Insurance
With our preferred policies, applicants are classified based on gender, health, lifestyle and overall tobacco use. The majority of applicants qualify for our best rates. Very low rates.

No Medical Term Insurance
No medicals required - just answer yes or no to a few simple health questions. Premiums for this plan are among the lowest in Canada and will not increase during the 10 year term. You can renew this coverage, or convert it to a permanent life insurance plan.

Advantages of Canada Protection Plan's Term Insurance Plans:

• 100% tax-free in Canada
• 10-day money-back guarantee
• 30 days of grace for late premium payments
• Issued by long-standing Canadian insurance companies
• Rates among the best in Canada
• Renewable