Term Life Insurance

Build your perfect policy easily, affordably and entirely online.

Get covered

Term Life Insurance

Build your perfect policy easily, affordably and entirely online.

Get covered

Term Life Insurance.

Term life insurance provides your family with a financial payout in the event that you pass away within a certain period of time. The most common terms that are offered with term life insurance are 10, 20, and, 30 years. If you have a term policy and pass away within the term you have chosen, your beneficiaries will receive the payout, which is called the death benefit. The cost or premium of the term life insurance policy stays the same all throughout the term.

How long of a Term should I go with?

Most term life insurance policies are good for either a 10, 20, or 30-year term. But how do you know which one is the best choice for you and your family? Here are some tips regarding each term length:

10-year term –

a 10-year term is usually the best choice for someone who is concerned about obligations that will last less than 10 years. Shorter-term debts, like student loans, may fit this category.
It is usually the least expensive option with premiums rising in the 11th year. If the lowest price in the short run is your concern, a 10-year term may be right for you.

20-year term –

a policy with a 20-year term may be the choice for you if you are in a financial situation that involves your family still being in debt or having bills to pay 20 years down the line. Paying your mortgage, or replacing your income while your children grow, may be considerations. Although the price may be higher than 10-year term today, it stays level for 20 years likely saving you money in the long run.

30-year term –

a life insurance policy with a 30-year term is for those who want level priced coverage for a longer period of time. Again, this will be more expensive today than other options, but the long-term saving may be significant.

As our lives change, our needs change. Your student loan is paid, but you still have a mortgage. Your kids are grown, and now you have a chance to buy that vacation property. Having coverage that will follow you through whatever life brings may be your best choice.
Whatever you choose, rest assured knowing you have provided your family with financial security in the event of your death.
Juniper Life Insurance makes the choice and process of getting life insurance fast and easy.

What's Covered:

Children’ Needs and Education
Final Expenses

Examples

  • Student Debt
  • Car Loan
  • any other short term obligation

Advantages

  • lowest cost
  • flexible for changing needs
  • easy to obtain
Female 35 years old

Coverage $/mo
$100.000 under $12/mo
$250.000 $12.38/mo
$500.000 $18.45/mo
Male 35 years old

Coverage $/mo
$100.000 under $12/mo
$250.000 $15.53/mo
$500.000 $24.30/mo

Examples

  • Mortgage
  • Income replacement
  • Taking care of your children until adulthood

Advantages

  • Level premium for 20 years provides long term savings over Term 10
  • Easy to obtain
  • Perfect balance between cost and coverage
Female 35 years old

Coverage $/mo
$100.000 under $12/mo
$250.000 $18.45/mo
$500.000 $26.55/mo
Male 35 years old

Coverage $/mo
$100.000 $12.87/mo
$250.000 $22.95/mo
$500.000 $35.1/mo

Examples

  • Great for new mortgages
  • Income replacement
  • Flexible coverage for changing needs

Advantages

  • Set it and forget it.
  • Level premium for 30 years provides long term certainty
  • Easy to obtain
life insurance canada

Simple, fast, affordable life insurance
In only minutes…

life insurance canada

Simple, fast, affordable life insurance
In only minutes…

life insurance canada

Simple, fast, affordable life insurance
In only minutes…