ratehub
  • Mortgages
    • Compare Mortgages
      compare mortgage rates
      • Fixed Mortgage Rates
      • Variable Mortgage Rates
      • HELOC Mortgage Rates
      • Cash Back Mortgage Rates
      rates by provider
      • All Bank Mortgage Rates
      • All Broker Mortgage Rates
    • Mortgage Terms
      • See All Terms
      popular terms
      • 3 YR Fixed Rates
      • 5 YR Fixed Rates
      • 10 YR Fixed Rates
      • 3 YR Variable Rates
      • 5 YR Variable Rates
      historical rates
      • Historical Rate Chart Builder
      • 3 YR Fixed Rates
      • 5 YR Fixed Rates
      • 10 YR Fixed Rates
      • 5 YR Variable Rates
      • See all
    • Mortgage Providers
      • Find a Mortgage Broker
      popular brokers
      • Safebridge Mortgage Rates
      • Canwise Financial Mortgage Rates
      • Butler Mortgage Rates
      • Axess Mortgage Rates
      popular banks
      • Scotiabank Mortgage Rates
      • TD Bank Mortgage Rates
      • CIBC Mortgage Rates
      • BMO Mortgage Rates
    • Calculators
      home buying calculators
      • Payment Calculator
      • Affordability Calculator
      • Land Transfer Tax Calculator
      • Mortgage Insurance Calculator
      refinancing calculators
      • Refinance Calculator
      • Penalty Calculator
      • Debt Consolidation
      • Maximum Equity Refinance
    • Education Centre
      browse our education centre
      • Home Buying Guide
      • Renewing Guide
      • Refinancing Guide
      • Special Mortgages Guide
      • Glossary
      • Mortgage Reports
  • Credit Cards
    • Compare Cards
      • Best Credit Cards
      Rewards Cards
      • Travel Credit Cards
      • Cash Back Credit Cards
      • Store Credit Cards
      Other Card Types
      • Low Interest Credit Cards
      • No Fee Credit Cards
      • Balance Transfer Cards
      • Secured Credit Cards
      • Business Credit Cards
      • Student Credit Cards
    • Reward Programs
      Top Programs
      • BMO Rewards
      • Scotia Rewards Credit Cards
      All Travel Programs
      • Aeroplan Credit Cards
      • Air Miles Credit Cards
      • Aventura Credit Cards
      • BMO Rewards
      • Blue Sky Credit Cards
      • MBNA Rewards Credit Cards
      • Amex Membership Rewards Points
      • Scotia Rewards Credit Cards
      • Starwood Credit Cards
      • TD Points Credit Cards
      All Store Credit Programs
      • Harley-Davidson Credit Cards
      • PC Points Credit Cards
      • Scene Credit Cards
      • Walmart Credit Cards
    • Card Providers
      Credit Card Networks
      • Visa Credit Cards
      • Mastercard Credit Cards
      • American Express Credit Cards
      Popular Banks
      • BMO Credit Cards
      • MBNA Credit Cards
      • TD Credit Cards
      • Scotiabank Credit Cards
      All Banks
      • American Express Credit Cards
      • BMO Credit Cards
      • Canadian Tire Credit Cards
      • CIBC Credit Cards
      • Desjardins Credit Cards
      • Laurentian Bank Credit Cards
      • MBNA Credit Cards
      • Meridian Credit Cards
      • National Bank Credit Cards
      • PC Financial Credit Cards
      • Scotiabank Credit Cards
      • Tangerine Credit Cards
      • TD Credit Cards
    • Calculators
      • Rewards Calculator
      • Aeroplan Miles Calculator
      • Air Miles Calculator
      • TD Points Calculator
      • MBNA Reward Points Calculator
      • BMO Rewards Points Calculator
    • Education Centre
      browse our education centre
      • Credit Card Basics
      • Types of Credit Cards
      • Rewards Credit Cards Guide
      • Credit Card Insurance Guide
      • Credit Score and Fraud Guide
  • Banking
    • Savings Accounts
      • See All Types
      Savings Account Types
      • High Interest Accounts
      • TFSA
      • RRSP
      • Youth Accounts
      • Senior Accounts
    • Chequing Accounts
      • See All Types
      Chequing Account Types
      • Personal
      • Student
      • Youth Accounts
      • Senior Accounts
    • Providers
      Savings Account Providers
      • EQ Bank
      • Alterna Bank
      • TD Bank
      • CIBC
      • Oaken Financial
      Chequing Account Providers
      • Alterna Bank
      • TD Bank
      • CIBC
      • Scotiabank
      • Bank of Montreal
      • PC Financial
    • Education Centre
      Savings Education Centre
      • What is a Savings Account
      • Tiered Savings Accounts
      • Savings Account Alternatives
      Chequing Education Centre
      • Chequing Account Basics
      • Chequing Account Types
      • Chequing Account Fees
  • Investing
    • GIC Rates
      • See All Types
      GIC Types
      • Short Term Rates
      • Long Term Rates
      • TFSA Rates
      • US Dollar Rates
      • Registered Rates
      GIC Terms
      • 180 Days
      • 1 Year
      • 2 Year
      • 3 Year
      • 4 Year
      • 5 Year
      • 6 Year
    • Providers
      GIC Rate Providers
      • Equitable Bank
      • TD Bank
      • Bank of Montreal
      • CIBC
      • Oaken Financial
    • Education Centre
      GIC Education Centre
      • GIC Basics
      • GIC Terms
      • Types of GICs
      • Registered Investment Account GICs
      RRSP Education Centre
      • RRSP Basics
      • RRSP Contribution
      • RRSP Withdrawals
      TFSA Education Centre
      • TFSA Basics
      • TFSA Contributions, Withdrawals, Transfers
      • TFSA Investment Options & Alternatives
  • Insurance
    • Auto Insurance
      • Get a Quote
      Types
      • Liability
      • Comprehensive
      Vehicle Types
      • Sports Car
      • Truck
      • Van
      • Other Types
    • Life Insurance
      • Get a Quote
      Types
      • Whole
      • Term
      • No Medical
      • Guaranteed
      • Other Types
    • Home Insurance
      • Get a Quote
      Types
      • Home
      • Condo
      • Renters (Tenant)
      • Vacation Property (Cottage)
      • Rental (Income) Property
    • Education Centre
      life insurance education centre
      • Life Insurance Basics
      • Types of Life Insurance
      • Situational Life Insurance
      home insurance education centre
      • How to Save
      • Home Insurance Basics
      auto insurance education centre
      • How to Buy
      • How to Save
      • Rates Calculation Guide
  • Special Offers
  • More
    • Gift Card FAQ
    • Blog
    • About Us
    • Careers
    • Contact Us
    • Personal Finance Awards
  • Login

Types of Life Insurance

What is Term Life Insurance?

Term life insurance is a type life insurance product that covers you for a specific period of time, typically from 5 to 30 years..

What is Whole life insurance?

Whole life is a type of permanent life insurance, meaning it lasts for the duration of your life, as long as you continue paying your premiums on time...

What is No Medical Life Insurance?

No medical life insurance is a kind of life insurance policy that you can buy without having to undergo a medical examination...

What is Mortgage Life Insurance?

Buying a house is probably one of the largest investments you’ll make in your lifetime and your mortgage will likely be your biggest annual expense...

What is Guaranteed Life Insurance?

Guaranteed life insurance is a type of life insurance policy that you’re guaranteed to receive approval for, regardless of your health or other factors...


Ratehub.ca is not affiliated or otherwise associated with Hub International Canada.

  • Get a Quote
    • Life Insurance
      • Get a Quote
      • Whole Life
      • Term Life
      • No Medical
      • Guaranteed
      • Mortgage Life
    • Auto Insurance
      • Get a Quote
      • Liability Coverage
      • Comprehensive Coverge
      • Low-Rate Coverage
      • High Risk Coverage
      • Student Coverage
    • Home Insurance
      • Get a Quote
      • Home Insurance
      • Condo Insurance
      • Renters Insurance
      • Vacation Property Insurance
      • Rental Property Insurance
  • Education
    • Life Insurance
      • What is Life Insurance?
      • How to save?
      • What is Whole Life?
      • What is Term Life?
      • What is No Medical?
      • What is Guaranteed?
      • What is Mortgage Life?
    • Auto Insurance
      • How to Buy
      • How to Save
      • Rates Calculation Guide
    • Home Insurance
      • How to Save
      • Home Insurance Basics
  • More
    • Company
      • Blog
      • Ratehub.ca Widgets
      • About Us
      • Contact Us
    • Press
      • Press Centre
      • Team Bios
      • Logo Download
      • Screenshots and Infographics

800,000
Canadians a month

save money and make better financial decisions using Ratehub.ca

Join our weekly newsletter for tips, news and deals!
By submitting your email address, you acknowledge and agree to Ratehub.ca's Terms of Use and Privacy Policy. Contact us for more information. You can unsubscribe at any time.
Popular Content Popular Content
  • Credit Cards
    • Canadian Credit Cards
    • Best Credit Cards Canada
    • Best Travel Credit Cards
    • Best Rewards Credit Cards
    • Best Cash Back Credit Cards
    • Best Low Interest Credit Cards
  • Best Credit Cards
    • Scotiabank Gold American Express
    • MBNA Rewards World Elite
    • Scotia Momentum Visa Infinite
    • BMO World Elite MasterCard
    • SimplyCash Preferred by American Express
    • SimplyCash by American Express
  • Mortgage Rates by City
    • Toronto Mortgage Rates
    • Montreal Mortgage Rates
    • Vancouver Mortgage Rates
    • Calgary Mortgage Rates
    • Edmonton Mortgage Rates
    • Ottawa Mortgage Rates
  • Mortgage Rates by Type
    • 5-Year Fixed Mortgage Rates
    • 5-Year Variable Mortgage Rates
    • 3-Year Fixed Mortgage Rates
    • 3-Year Variable Mortgage Rates
    • 10-Year Fixed Mortgage Rates
  • Brokers by Province
    • Ontario Mortgage Brokers
    • Quebec Mortgage Brokers
    • BC Mortgage Brokers
    • Alberta Mortgage Brokers
    • Manitoba Mortgage Brokers
    • Nova Scotia Mortgage Brokers
  • Mortgage Rates by Bank
    • TD Bank Mortgage Rates
    • CIBC Mortgage Rates
    • Bank of Montreal Mortgage Rates
    • Scotiabank Mortgage Rates
    • Tangerine Mortgage Rates
  • Mortgage Calculators
    • Mortgage Payment Calculator
    • Home Affordability Calculator
    • CMHC Insurance Calculator
    • Land Transfer Tax Calculator
    • Mortgage Refinance Calculator
    • Mortgage Penalty Calculator
  • Education Centre
    • Variable vs. Fixed Rates
    • Term vs. Amortization
    • Prepayment Options
    • Bank vs. Mortgage Broker
    • Down Payment Basics
  • Company
    • About Us
    • Meet the Team
    • Contact Us
    • Press Centre
  • Legal
    • Logo Usage
    • Disclaimer
    • Terms of Use
    • Privacy Policy
  • Community
    • Broker Login
    • Affiliate Login
    • Blog
    • Widgets
  • Social
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
  • Contact Information
    • 70 Richmond Street East
      4th Floor
      Toronto, ON M5C 1N8
    • 1 (800) 679-9622