There’s a reason we have been Canada’s Most Respected™ Life Insurer for 3 consecutive years.
Enjoy financial security with term life coverage that secures your family’s future. See how we compare below.
Get a quote in seconds, apply in minutes.
Why choose Blue Cross Life® for Term Life Insurance?
Compare our features with other providers in the table below to see why Blue Cross Life® is the right choice for comprehensive and affordable coverage.
Go with the Life Insurance
Most Respected™ by Canadians
Ready to start? Here is a summary of why you should get your Term Life Insurance with Blue Cross Life:
Financial security for loved ones
Affordable rates with monthly payments
Flexible coverage options $100,000 to $5 million, and from 10 to 30 years
Easy online process - only takes seconds to get a quote!
Licensed advisors are available to help find the right coverage for your needs. Get in touch at +1 (866) 316-4458 or by e-mail
Rates vary based on age, health, and other factors. All data is based on publicly available rates as of October 2024.
Contact us at +1 (866) 316-4458 or by e-mail
® Registered Trade-mark of the Canadian Association of Blue Cross Plans, an association of independent Blue Cross Plans. ™ Trade-mark of the Canadian Association of Blue Cross Plans, an association of independent Blue Cross Plans. Used under license by Blue Cross Life Insurance Company of Canada (Blue Cross Life®).
© 2025 Blue Cross Life
Why choose Blue Cross Life® for Term Life Insurance?
Use the drop down menu to compare our features with other providers in the table below to see why Blue Cross Life® is the right choice for comprehensive and affordable coverage.
| Blue Cross Life | #1 Life Insurer | Couples save 10% on their rates in the first year when they apply together | $10,000 in life insurance, free for each child (and any future children) | Cancel anytime; no fees or penalties | 30-day grace period if you miss a payment | Adjust Coverage in $25k Increments for Better Control in order to best suit your needs | 5-year intervals to match your needs |
| Manulife | #2 Life Insurer | Paid Child Rider Add-On | Free within 30 days | 30-day grace period if you miss a payment | Adjust Coverage in $25k Increments | 10-Year Intervals | |
| Canada Life | #4 Life Insurer | Paid Child Rider Add-On | Cancel anytime; no fees or penalties | 30-day grace period if you miss a payment | Adjust Coverage in $50k Increments | 5-Year Intervals | |
| TD | #2* Life Insurer | Paid Child Rider Add-On | Free within 30 days | 30-day grace period if you miss a payment | Adjust Coverage in $50k Increments | 10-Year Intervals |
| Manulife | Canada Life | TD | ||
|---|---|---|---|---|
| Canada's Most Respected™ Life Insurer Ranked. | #1 | #2 | #4 | #2* |
| Discount for Couples | Couples save 10% on their rates in the first year when they apply together |
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| Child Coverage | $10,000 in life insurance, free for each child (and any future children) |
Paid Child Rider Add-On | Paid Child Rider Add-On | Paid Child Rider Add-On |
| Free Cancellation | Cancel anytime; no fees or penalties |
Free within 30 days | Cancel anytime; no fees or penalties |
Free within 30 days |
| Missed Payment Grace Period |
30-day grace period if you miss a payment |
30-day grace period if you miss a payment |
30-day grace period if you miss a payment |
30-day grace period if you miss a payment |
| Coverage Amount Flexibility |
Adjust Coverage in $25k Increments for Better Control in order to best suit your needs |
Adjust Coverage in $25k Increments |
Adjust Coverage in $50k Increments |
Adjust Coverage in $50k Increments |
| Term Length Flexibility |
5-year intervals to match your needs |
10-Year Intervals | 5-Year Intervals | 10-Year Intervals |
*TD is not categorized under Insurance but rather under the Money category, where they rank #2
Awarded to Blue Cross Life® Insurance Company of Canada. Results and award information are posted at www.canadasmostrespected.com
Go with the Life Insurance
Most Respected™
by Canadians
There’s a reason we have been Canada’s Most Respected™ Life Insurer for 3 consecutive years.
Enjoy financial security with term life coverage that secures your family’s future. See how we compare below.
Get a quote in seconds, apply in minutes.
Awarded to Blue Cross Life® Insurance Company of Canada. Results and award information are posted at www.canadasmostrespected.com
*TD is not categorized under Insurance but rather under the Money category, where they rank #2