Real rate data · Ontario

Term life insurance for a 30-year-old female non-smoker — $1,000,000, 20-year

Your thirties are when term life usually gets bought — the mortgage and the kids arrive and the income needs protecting. At this size it is serious income replacement — enough to keep a family in the home and to replace the earnings the household depends on. A 20-year term lines up with the typical mortgage and the years children are at home. For a woman aged 30, the same cover can differ by hundreds a year between insurers, so the carrier matters as much as the age.

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