Skip the paramedical exam, get covered in 2-4 weeks. Based on the InsurVibe engine sampling 6 Canadian carriers (Canada Life, iA, Manulife, Sun Life, ivari, Equitable), a 35-year-old non-smoker can expect $25-50/month for $500k of 20-year term.
Based on the InsurVibe engine sampling major Canadian carriers. Ranges reflect representative profiles; final premiums subject to carrier underwriting.
| Age | Non-smoker $500k / 20y | Non-smoker $1M / 20y | Smoker $500k / 20y |
|---|---|---|---|
| 30 | $22-32 / mo | $42-58 / mo | $42-62 / mo |
| 40 | $32-48 / mo | $58-85 / mo | $60-92 / mo |
| 50 | $58-85 / mo | $110-165 / mo | $115-180 / mo |
| 60 | $115-180 / mo | $220-340 / mo | $240-380 / mo |
3 pieces of info, 30-second estimate, free — no lead capture required.
Six major carriers: Canada Life, iA Financial Group, Manulife, Sun Life, ivari and Equitable Life. Most offer "Non-Medical" or "Quick Issue" term life up to $1M for ages 18-50 with a health questionnaire only.
Typically 10-30% more for healthy applicants, because the carrier takes on more risk without blood work. The premium gap shrinks for older applicants (50+) where most carriers require medicals regardless.
Most carriers cap at $1M for ages 18-50, dropping to $500k for 50-60 and $250k for 60-65. Beyond these caps, full underwriting with blood work and paramedical exam is required.
Typically 2-4 weeks for no-medical policies vs 6-10 weeks for fully underwritten. Some carriers offer "instant decision" coverage up to $100k with no questionnaire at all.
Yes, but premiums are 50-100% higher than non-smoker rates. Carriers that offer "smoker-friendly" no-medical policies include Canada Life, iA and Manulife.
Data as of 2026-08 · Figures are demo estimates (SIM-2026.9) calibrated to carrier quote-tool captures and public industry data; final premiums subject to licensed broker quotes from carriers.
2 emails a week: rate moves, regulation and money-saving tips. Unsubscribe anytime.
You are subscribed right away — we send a short notice you can unsubscribe from at any time.