Life Insurance
Shop your temporary life insurance online
Give yourself peace of mind.
Protect your family and your estate with temporary life insurance. Compare the prices of temporary insurance with our most competitive partners in Quebec. Complete the following online life insurance form and you will get the best offer on the market among the 12 largest Canadian insurers. Challenge us to find the best price for your insurance through our partners!
To shop for your life insurance with several partner firms in a single step, you can also go through AccesDirect, the online comparison tool that acts as an intermediary between you and partner firms in Quebec.
Compare Quebec life insurers in minutes
Our comparison tool will allow you to compare among all life insurance companies in Quebec to identify which one will best meet your needs.
Fill out the short form and let us bring you the best offer — 100% free, no commitment.
Information about online life insurance
Online personal insurance: To financially protect your family or your business, it provides peace of mind from generation to generation. Most of the time, we underestimate the impact that the premature death of one of the family’s financial supporters could have on the daily standard of living. PERSONAL INSURANCE, with its tax-free death benefit, is an essential means to provide your loved ones with the financial support needed to allow life to continue its course.Temporary life insurance
Temporary life insurance protection offers you the following advantages: * A temporary life insurance protection at low cost with guaranteed premiums that offers protection for the period you choose. * A guaranteed insured amount, premiums, policy fees and conversion options for the duration of your insurance. * A guaranteed renewal temporary insurance premium that is known and guaranteed. * The possibility of benefiting from preferential pricing and thus obtaining a more advantageous premium. * Temporary coverage flexible enough to be converted to permanent protection according to your needs. * A range of additional coverage options to customize your protection such as hospitalization and long-term care insurance, paramedical care in case of accident, protection in case of serious illness, protection of your income in case of accident or illness and many others. Permanent personal insurance: Permanent protection offers you the following advantages: * Permanent life insurance is an interesting option at all stages of your life because it offers you protection where you choose the payment period but for which you are covered for life and which provides you with a cash value * Your permanent life insurance premiums, your insured amount and cash values are guaranteed. No surprises, no worries * Different payment options for your permanent life insurance * You can choose to free yourself from premium payments after 10, 15 and 20 years and even up to 30 years (children’s protection) or up to 65 or 100 years. You can thus establish your budget according to your priorities * You personalize your contract, at its issue or at any other time, thanks to a wide choice of endorsements and additional coverage options
Life insurance for your children
The Child Life Insurance and Child Health Insurance Duo is a simple, unique and comprehensive insurance solution to protect your child (ages 0 to 20). Payable until your child reaches age 30, this life insurance offers the feature of paying a benefit equal to 50% of the insured amount if a serious illness diagnosis is made before the end of the premium payment period
Permanent protection offers you the following advantages:
You chose your home with great care. Online loan insurance allows you to enjoy it with peace of mind as it protects the investment of your life. Go ahead! Enjoy the joys and unforgettable moments your home will bring you- An individual online mortgage insurance that you own, unlike protection on a group basis as offered by most financial institutions;
- Protection against rising interest rates since premiums are uniform and guaranteed for the entire duration of the term
- The possibility of obtaining benefits that cover your mortgage payments in case of disability or serious illness
- The choice of individual or joint life insurance protection according to your personal situation, which allows you to benefit from an appreciable premium reduction
- The advantage of keeping your insurance even if you refinance or change lenders. Your protection remains in force
- The privilege of converting your mortgage insurance to regular online life insurance without having to answer questions about your health;
- The possibility of designating a beneficiary other than your financial institution
Protect your home, preserve your heirs’ freedom
The freedom, for your heirs, to use the benefits to repay your loan or to meet more pressing needs since the insurance benefit is paid to the beneficiary and not to your lending institution.
Frequently asked questions — Life insurance Quebec
Why do I need life insurance?
Life insurance ensures the financial security of your loved ones if you die prematurely. It allows you to pay off the mortgage, maintain your family’s standard of living, pay funeral and debt costs, and replace your income. If people depend financially on you, life insurance is essential.
What is the difference between temporary and permanent life insurance?
Temporary life insurance protects you for a defined period (10, 20 or 30 years) and is generally less costly. It is ideal for covering a mortgage or protecting dependent children. Permanent life insurance (universal or whole life) covers you for life and can accumulate cash value, but premiums are higher.
How much life insurance should I have?
A general rule is to insure yourself for 7 to 10 times your gross annual income. You must also account for your mortgage balance, debts, future needs of your children (education, etc.) and the income your spouse will need to replace. An AccesDirect broker can do a personalized analysis of your actual needs.
Do pre-existing illnesses affect my eligibility for life insurance?
Yes, certain medical conditions can result in a surcharge, specific exclusions or, in severe cases, a refusal. It is important to be honest in your application — any misrepresentation can invalidate the policy at the time of death. A broker can guide you to insurers most open to your health profile.
How do I designate a beneficiary and why is it important?
The beneficiary is the person who will receive the capital at the time of your death. Designating a beneficiary (spouse, children, etc.) prevents the capital from passing through your estate, speeds up payment and protects the capital from creditors. You can change your beneficiary at any time if the designation is revocable.
Is the death benefit taxable in Canada?
No, the life insurance benefit paid to the designated beneficiary is generally non-taxable in Canada. This is one of the important tax advantages of life insurance. If capital is paid to the estate rather than to a named beneficiary, it could become part of estate property subject to fees and delays.
Is my group life insurance at work sufficient?
Group insurance offered by employers is often limited to 1 or 2 times annual salary, which is generally insufficient for people with dependents, a mortgage or significant debts. Moreover, it disappears if you change jobs. A complementary personal policy is strongly recommended.
What is the cost of life insurance in Quebec?
The cost varies depending on your age, state of health, whether you smoke or not, the type of policy and the amount insured. A T-20 temporary life insurance of $500,000 can cost between $30 and $80 per month for a healthy adult in their thirties. The longer you wait, the higher the premiums will be. Comparing early is advantageous.
Can I convert my temporary insurance to permanent insurance?
Most temporary life insurance policies include a conversion option to permanent insurance, without medical examination, before a certain date (often age 65). This is an important advantage if your health deteriorates over time. Check if your policy includes this clause when purchasing.
What happens if I stop paying my life insurance premiums?
For temporary insurance, the policy is suspended after a grace period (usually 30 days) and you lose your coverage. For a permanent policy with cash value, options may exist: temporary suspension, use of accumulated value or conversion to a paid-up policy. Consult your partner brokers before making a decision.