Get your price: Canada Life · Sun Life · Manulife · Desjardins (Saskatchewan only)
We take applications from British Columbia, Alberta, Saskatchewan, Manitoba and Ontario only.
Monthly prices
Non-smoker in good health, no riders, age nearest birthday.
10 years, $250,000
| Age | Gender | Canada Life | Sun Life | Manulife | Desjardins (Saskatchewan only) |
|---|---|---|---|---|---|
| 30 | Male | $15.92 | $15.98 | $14.98 | $14.40 |
| Female | $11.70 | $12.15 | $11.87 | $11.48 | |
| 40 | Male | $19.77 | $19.58 | $18.33 | $17.33 |
| Female | $14.76 | $15.08 | $16.00 | $14.40 | |
| 50 | Male | $36.88 | $43.20 | $36.90 | $36.68 |
| Female | $30.95 | $31.05 | $28.12 | $28.13 | |
| 60 | Male | $109.60 | $128.93 | $109.72 | $111.60 |
| Female | $78.97 | $92.03 | $79.04 | $80.78 |
10 years, $500,000
| Age | Gender | Canada Life | Sun Life | Manulife | Desjardins (Saskatchewan only) |
|---|---|---|---|---|---|
| 30 | Male | $23.38 | $25.65 | $23.27 | $22.05 |
| Female | $16.63 | $17.55 | $16.82 | $16.20 | |
| 40 | Male | $29.98 | $31.95 | $29.12 | $27.45 |
| Female | $24.00 | $23.40 | $22.65 | $21.15 | |
| 50 | Male | $67.12 | $72.00 | $67.15 | $67.05 |
| Female | $53.28 | $51.30 | $48.36 | $48.15 | |
| 60 | Male | $203.58 | $230.85 | $213.74 | $206.10 |
| Female | $147.43 | $161.55 | $151.19 | $149.40 |
20 years, $250,000
| Age | Gender | Canada Life | Sun Life | Manulife | Desjardins (Saskatchewan only) |
|---|---|---|---|---|---|
| 30 | Male | $18.08 | $20.48 | $18.63 | $17.33 |
| Female | $14.26 | $15.75 | $15.07 | $13.95 | |
| 40 | Male | $27.12 | $31.50 | $27.04 | $26.78 |
| Female | $21.91 | $23.40 | $22.49 | $20.25 | |
| 50 | Male | $69.63 | $80.78 | $69.67 | $69.30 |
| Female | $50.37 | $55.13 | $51.36 | $47.93 | |
| 60 | Male | $226.56 | $255.38 | $217.28 | $218.03 |
| Female | $156.93 | $173.70 | $151.80 | $150.98 |
20 years, $500,000
| Age | Gender | Canada Life | Sun Life | Manulife | Desjardins (Saskatchewan only) |
|---|---|---|---|---|---|
| 30 | Male | $30.43 | $34.20 | $30.97 | $28.80 |
| Female | $21.94 | $24.30 | $22.38 | $21.15 | |
| 40 | Male | $47.38 | $51.75 | $47.18 | $43.65 |
| Female | $35.96 | $38.25 | $35.78 | $32.85 | |
| 50 | Male | $125.36 | $142.20 | $127.43 | $121.50 |
| Female | $89.01 | $95.40 | $90.81 | $82.35 | |
| 60 | Male | $403.20 | $463.50 | $423.89 | $398.70 |
| Female | $294.62 | $323.55 | $298.49 | $279.90 |
Rates read from each insurer’s own quoting tool: Canada Life on September 11, 2026; Sun Life, Manulife and Desjardins on October 22, 2026. The insurer confirms your price when it approves the application.
No health questions
The EDGE Benefits Guaranteed Issue Life, underwritten by Chubb Life Insurance Company of Canada. Ages 18 to 69, $5,000 to $50,000, coverage to age 75.
| Age | Gender | $25,000 | $50,000 |
|---|---|---|---|
| 30 to 34 | Male | $14.71 | $29.42 |
| Female | $9.63 | $19.26 | |
| 40 to 44 | Male | $21.77 | $43.54 |
| Female | $16.14 | $32.28 | |
| 50 to 54 | Male | $42.48 | $84.96 |
| Female | $30.90 | $61.80 | |
| 60 to 64 | Male | $95.42 | $190.84 |
| Female | $62.51 | $125.02 |
Prices as of October 22, 2026.
Get your price from The EDGE Benefits
Who can apply
| Insurer | Plan | Length | Ages to apply |
|---|---|---|---|
| Canada Life | My Term 10 | 10 years | 18 to 75 |
| Canada Life | My Term 20 | 20 years | 18 to 65 |
| Canada Life | My Term 30 | 30 years | 18 to 55 |
| Canada Life | Estate Achiever (20-pay) | Permanent | 18 to 80 |
| Sun Life | Evolve Term 10 | 10 years | 18 to 75 |
| Sun Life | Evolve Term 20 | 20 years | 18 to 65 |
| Sun Life | Evolve Term 30 | 30 years | 18 to 55 |
| Manulife | Family Term 10 | 10 years | 18 to 70 |
| Manulife | Family Term 20 | 20 years | 18 to 60 |
| Manulife | Family Term 65 | To age 65 | 18 to 45 |
| Desjardins (Saskatchewan only) | Term 10 | 10 years | 18 to 75 |
| Desjardins (Saskatchewan only) | Term 20 | 20 years | 18 to 65 |
| Desjardins (Saskatchewan only) | Term 30 | 30 years | 18 to 55 |
| Desjardins (Saskatchewan only) | Term to 65 | To age 65 | 18 to 45 |
| The EDGE Benefits | Guaranteed Issue Life (no health questions) | To age 75 | 18 to 69 |
How it works
- Pick your coverage. Choose an insurer, an amount and a length to see your monthly price.
- Apply online. Answer a few questions. A licensed advisor sends your application to the insurer.
- The insurer decides. The insurer reviews your application and makes the decision.
Frequently asked questions
How much is term life insurance a month?
For a 40-year-old non-smoker, $500,000 for 20 years costs $47.18 to $51.75 a month for a man and $35.78 to $38.25 for a woman at Canada Life, Sun Life and Manulife. Desjardins (Saskatchewan only): $43.65 and $32.85. Prices as of September 11 to October 22, 2026.
Do smokers pay more for life insurance?
Yes. For a 40-year-old man, $500,000 for 20 years costs $130.74 to $144.90 a month as a smoker, against $47.18 to $51.75 as a non-smoker, at Canada Life, Sun Life and Manulife. Desjardins (Saskatchewan only): $125.55 against $43.65.
Who can apply for term life insurance?
From age 18. The oldest age to apply is 75 for 10 years (70 at Manulife), 65 for 20 years (60 at Manulife), 55 for 30 years, 45 for coverage to age 65 and 80 for permanent coverage. With no health questions, The EDGE Benefits takes ages 18 to 69.
Can I get life insurance with no health questions?
Yes. The EDGE Benefits Guaranteed Issue Life, underwritten by Chubb Life Insurance Company of Canada, asks no health questions: ages 18 to 69, $5,000 to $50,000, coverage to age 75. At 50 to 54, $25,000 costs $42.48 a month for a man and $30.90 for a woman. In the first two years, a death from natural causes usually refunds the premiums instead of paying the full amount.
How do I apply?
Choose an insurer under Get your price and answer a few questions online. A licensed advisor sends your application to the insurer, which reviews it and makes the decision. We take applications from British Columbia, Alberta, Saskatchewan, Manitoba and Ontario only.