Term Life Insurance provides coverage for a specific period of time, typically 10, 20 or 30 years. If the policyholder passes away during the term, their beneficiaries receive a tax-free death benefit.
Since coverage is temporary, Term life insurance can be the most affordable, flexible life insurance option for every Canadian.
Plus, thanks to ISI’s unique application process, Canadian residents can get instant Paramount Term life coverage, without the need for medical exams, agent visits, or complicated paperwork.
