Skip Navigation

EasyTerm makes term life insurance easy - with flexible coverage and affordable premiums. Protect your family through life’s changes for the term you need.

 

Get a Quote

 

 

Why EasyTerm is for you:

 

It’s convenient and easy to apply. Our licensed insurance advisors can help you over the phone.

 

Affordable term life insurance with coverage options between $50,000 and $5 million.

 

Your premiums stay the same for the term you choose – 10, 20 or 30 years.

 

It’s easy to get with no medical exams required to apply for under $250,000 in coverage1.

 

Your coverage amount is paid tax-free2 directly to your beneficiary to use however they need.

 

Enjoy Added Flexibility

 

We guarantee automatic renewal of your coverage until you are 85 without needing to take medical exams. Your premiums are based on your age at renewal.

Any time before the age of 70 you can convert your insurance policy to a permanent Term 100 policy with no medical exams or health questionnaires.


- -

 


 


Optional Extras

 

Critical Illness Benefit

If you’re 55 and under at the time of application, you can add this option to receive a lump sum benefit of $25,000, $50,000, $75,000 or $100,000 to spend however you need if you’re diagnosed with a covered critical illnessTo receive this benefit you must be diagnosed and survive for at least 30 days with one of the following conditions: heart attack, life-threatening cancers, stroke/cerebral vascular incident, kidney failure, major organ transplant or coronary artery bypass surgery. Our insurance advisors will define these conditions for you..3

Waiver of Premium

If you’re 55 and under at the time of application, you can add this option so you won’t have to pay your premiums while you’re Totally DisabledTotally Disabled defined as (a) If the Life Insured has a gainful occupation, Total Disability means the Life Insured's incapacity, caused by disease or bodily injury, to perform substantially all of the essential duties of his or her regular occupation or employment; (b) If the Life Insured is not normally employed, Total Disability means the Life Insured’s incapacity, caused by disease or bodily harm to:
(i) Prevent the Life Insured, if normally responsible for the maintenance of a home or care of immediate family members, from performing substantially all of the essential duties of maintaining that home or care for those individuals;
(ii) Prevent the Life Insured from performing substantially all of the essential duties of any occupation or employment for which he or she is reasonably qualified by virtue of education, training, or expertise; or
(iii) Markedly restrict the ability of the Life Insured to perform any one of the Activities of Daily Living.
provided you have been Totally Disabled for at least 6 consecutive months.

What's not covered

Your beneficiary will not receive benefits if:

  • You provide false, incorrect or incomplete information during the application process.
  • Your death results from suicide within two years from the date that your policy comes into effect. We will refund your premiums in this case.

 

Critical illness

No benefits will be paid for a covered critical illness that results from a condition that manifested itself or for which you received treatment before the policy became effective.

You will also not receive benefits if the critical illness results from:

  • Attempted suicide or self-inflicted injuries.
  • The commission or attempt to commit a criminal offence.
  • The use of drugs or operating a motor vehicle under the influence of alcohol.

Waiver of Premium

No premium will be waived if the total disability results from:

  • Attempted suicide or self-inflicted injuries.
  • The commission or attempt to commit a criminal offence.
  • The use of drugs or operating a motor vehicle under the influence of alcohol.

 

This information is only a summary. Actual terms, exclusions and limitations are explained in the policy. A sample policy document can be viewed here.


 

Have Questions?

 

Call us at
1-855-599-5929

Monday - Friday 8am - 6pm EST

Request a call

Have a licensed insurance advisor contact you

Read our FAQs

Find answers to your insurance questions

 

 


Back to Compare Life Insurance Plans

Please call or schedule a call with our licensed insurance advisors for full details.

1 For ages 18-65 applying for less than $250,000 in coverage. Full underwriting applies for coverage over $249,999.

2 Under current tax legislation.

3 Covered critical illnesses are Heart AttackHeart Attack is defined as a Diagnosis of the death of heart muscle due to obstruction of blood flow that results in the rise and fall of biochemical cardiac markers to levels considered diagnostic of myocardial infarction, with at least one (1) of the following:
(a) Heart attack symptoms;
(b) New electrocardiogram (ECG) changes consistent with a heart attack; or
(c) Development of new Q waves during or immediately following an intra-arterial cardiac procedure including, but not limited to, coronary angiography and coronary angioplasty.

No Critical Illness Benefit will be payable under this condition for:
(a) Elevated biochemical cardiac markers as a result of an intra-arterial cardiac procedure including, but not limited to, coronary angiography and coronary angioplasty, in the absence of new Q waves;
(b) ECG changes suggesting a prior myocardial infarction; or
(c) ECG changes which do not meet the Heart Attack definition as described above.
, Life-Threatening CancersLife-Threatening Cancers is defined as a Diagnosis of a tumour characterized by the uncontrolled growth and spread of malignant cells and the invasion of tissue. No Critical Illness Benefit will be payable for this condition for the following:
(a) Carcinoma in situ;
(b) Stage 1A malignant melanoma (melanoma less than or equal to 1.0 mm in thickness, not ulcerated and without Clark level IV or level V invasion);
(c) Any non-melanoma skin cancer that has not metastasized;
(d) Stage A (T1a or T1b) prostate cancer;
(e) Diagnosis of any type of cancer made within 90 days of the Policy Effective Date or the date of the latest reinstatement; or
(f) Any symptoms of medical problems commencing within 90 days of the Policy Effective Date or the date of the latest reinstatement that initiates any investigations that led to a Diagnosis of any type of cancer.
, Stroke/Cerebral Vascular IncidentStroke/Cerebral Vascular Incident (Cerebrovascular Accident) is defined as a Diagnosis of an acute cerebrovascular event caused by intra-cranial thrombosis or haemorrhage, or embolism from an extra-cranial source, with:
(a) Acute onset of new neurological symptoms;
(b) new objective neurological deficits on clinical examination, persisting for more than 30 days following the date of diagnosis;
(c) these new symptoms and deficits must be corroborated by diagnostic imaging testing.
No Critical Illness Benefit will be payable under this condition for:
(a) Transient Ischaemic Attacks;
(b) Intracerebral vascular events due to trauma; or
(c) Lacunar infarcts which do not meet the definition of Stroke as described above
, Kidney FailureKidney Failure: A Diagnosis of chronic irreversible failure of both kidneys to function, as a result of which regular haemodialysis, peritoneal dialysis or renal transplantation is initiated., Major Organ TransplantMajor Organ Transplant: A Diagnosis of the irreversible failure of the heart, both lungs, liver, both kidneys or bone marrow, and transplantation must be medically necessary. To qualify under Major Organ Transplant, the Insured Person must undergo a transplantation procedure as the recipient of a heart, lung, liver, kidney or bone marrow, and limited to these entities. or Coronary Artery Bypass SurgeryCoronary Artery Bypass Surgery is defined as the undergoing of heart surgery to correct narrowing or blockage of one (1) or more coronary arteries with bypass graft(s), excluding any non-surgical or trans-catheter techniques such as balloon angioplasty or laser relief of an obstruction. The Surgery must be determined to be medically necessary by a Specialist..