Life insurance in Ontario
that actually fits your life.
Compare term, permanent, and no-medical life insurance from 25+ Canadian insurers — see real prices in 60 seconds, then apply online or with a licensed advisor.
Get your life insurance quote
Free · No SIN required to see prices · Takes 60 seconds
+16 moreThree ways to protect your family — pick what fits.
Life insurance isn't one product. Here's the plain-language version of what's actually available, so you can compare apples to apples before you talk pricing.
Term life insurance
The most affordable way to cover your biggest years of financial risk — the mortgage, young kids, income replacement. Coverage locks in for a set term (10, 20, or 30 years) at a fixed premium, then expires unless renewed or converted.
From ~$20–$60/mo for $500K, age 34Permanent life insurance
Whole life and universal life policies never expire and build cash value you can borrow against later. Premiums cost more than term, but they're locked in for life and the payout is guaranteed no matter when you pass away.
Best for estate planning & lifetime needsNo-medical life insurance
Simplified-issue and guaranteed-issue policies ask few or no health questions and skip the exam entirely — built for older applicants or anyone with a pre-existing condition who's been declined elsewhere.
Approval in as little as 24 hoursMost advisors suggest 10–15× your annual income.
That's a sensible starting point, and in much of Canada it holds up. In the GTA it often doesn't — when a mortgage runs ten or twelve times a household's annual income on its own, a multiple of income understates what a family would actually need. The calculator below starts from what you'd owe instead.
Or compare rates from 25+ insurers →Coverage calculator
Work out your own number
Enter what applies to you. Leave anything blank at zero — the total updates as you type.
This calculator provides a general estimate based on the figures you enter. It is not personalized financial or insurance advice. Your actual coverage needs depend on circumstances this tool doesn't capture — speak with a licensed advisor before making a decision.
Term. Permanent. No-medical. Here's what changes.
Every policy funds a donation to SickKids.
We match the first month's premium of every client and give it directly to SickKids Foundation. It doesn't change your price — it changes what your coverage means.
See our latest donation →Real policies, placed for real Canadian families.
"I compared five insurers in one sitting and had my term policy approved two days later. Rajivan explained everything without any pressure."
"I have a pre-existing condition and assumed I'd be turned away everywhere. PolicyFind found me guaranteed-issue coverage in a week."
"Whole life felt complicated everywhere else. My PolicyFind advisor broke down term versus permanent in plain English and I finally understood what I was buying."
Common questions about life insurance
More on life insurance in Ontario
How Much Does Life Insurance Cost in Ontario? (2026 Rates Explained)
A plain-English breakdown of what actually moves your premium up or down — and real rate ranges by age.
Read more →
Non-Medical Life Insurance in Ontario: Who Really Needs It?
Skipping the exam sounds appealing to everyone, but it's really built for a specific kind of applicant. Here's who it actually makes sense for.
Read more →
Why Buying Life Insurance in Your 30s Is Smarter Than You Think
The younger and healthier you are when you apply, the less you pay for the life of the policy. Here's the math on waiting.
Read more →Life insurance across York Region.
Life insurance in Richmond Hill
Where our office is — plus what a $1.29M median home price does to your coverage math.
View Richmond Hill →Life insurance in Vaughan
Woodbridge, Maple, Kleinburg, Concord and Thornhill — plus what changes when you sign your own paycheque.
View Vaughan →Life insurance in Markham
Unionville, Cornell, Milliken and Markham Village — including how to read the group coverage you already have.
View Markham →Get covered in about 20 minutes.
Compare quotes instantly, lock in your rate with an advisor when you're ready.
Get my free quote →