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Protect Your Assets

Term Life Insurance

Family in the kitchen discussing their term life insurance needs

Affordable protection
now and into the future

You want your family to be prepared no matter what the future brings. Protect what you are building for your loved ones with term life insurance. Our licensed life insurance professionals can help you determine your needs and obtain the term life insurance that's right for you.

Get free quotes & apply online

Term life insurance provides coverage for a specific period of time, with set premiums. For example, you could choose $100,000 of coverage for a 10-year period for a fixed monthly premium.

Think about what your family would need if you were no longer here. Do you want to provide protection for the next 10 or 20 years to help them cope with living expenses and outstanding loans? Or do you want to provide longer-term protection and leave a legacy?

We offer:

  • 10-Year Term Life insurance
  • 20-Year Term Life insurance
  • Term to 100 insurance (permanent insurance)

TD Term insurance offers benefits such as:

  • A tax-free lump-sum benefit to your designated beneficiaries
  • Fixed premiums for the entire term, guaranteed not to increase during that period, regardless of your health
  • Coverage up to $5 million
  • 30-day free-look period
  • Waiver of premium option to cover your premiums should you become totally disabled
  • Flexible and convenient payment schedules to suit your preference

With TD Term 10 and Term 20 you can:

  • Renew protection up to age 80.
  • Convert to a permanent life insurance policy with no medical questions until you reach age 69.

What is the right amount for you?

Use our online life insurance calculator to determine how much life insurance is right for you.

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Who is eligible?

  • Residents of Canada with the exception of those in Quebec and New Brunswick.
  • Applicants between the ages of 18 and 60 (for Term 20) or 18 and 70 (for Term 10 or Term to 100).

TD Insurance licensed life insurance agents are agents of the TD Life Insurance Company or TD Assurance Agency Inc.

 

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For 3 term insurance products & Apply online

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