There are two ways to obtain a life insurance quote online through this web site. One is through the simplified term quote on the home page, and another is through a more detailed term and whole life quote by following this link. Both are Canadian based and are valid for Ontario residents only.

The home page quotation interface is quite simple. Simply select your date of birth, gender, smoking status, the amount of insurance (from $10,000 to $10,000,000), and the length of term (10, 20, or 30 years). Click the “Show quotes” button and you will instantly be directed to another page listing the top 15 premiums from various life insurance companies.

Take note that these are all “best preferred” or “super preferred” ratings. You must submit to a medical for underwriting to ultimately determine the rate you will receive. Hence, I stress that these quotes are only guidelines.

The more detailed quotation system provides several additional options.

One option is the “Payment”, which shows the premium based on monthly to annual payments. Generally speaking, you can save up to 10% by paying annually versus paying monthly.

Several additional types of insurance plans have been added under “Product Type”. You can survey the market for whole life products, including plans with accelerated payment plans. An accelerated payment plan allows you to “pay off” the insurance in 10 or 20 years. After this time, you don’t owe another penny. It’s a great way to buy permanent coverage and save substantial money.

Finally, you may select your “Health Risk” category. Options range from “super preferred” to “regular” (also known as “standard”). As mentioned above, only underwriting can determine this status once all the medicals have been completed. Take note that few people actually qualify for the best preferred rating. It would be wise to run 2 quotes, a super preferred and a regular quote, to get an idea of the range of premiums available to you.

If you have a spouse, or are planning to have multiple lives insured, I highly recommend you call me directly. I can provide multi-coverage discounts in these cases, and they are not available online.

Call me directly to obtain a detailed quote or to obtain specific details on available policies.