ScotiaLife offers Term life insurance for every stage of life from Term 1 to Term 20.
ScotiaLife Term 1
Most affordable plan, ideal for short-term needs.
1 year term that can be renewed up to age 70.
Coverage from $50,000 up to $1 million.
If you are under the age of 50 a medical exam may not be required.
Living benefit - an advance of up to 50% of your coverage if are diagnosed with a terminal illness.
The benefit is not payable for the first 2 years.
ScotiaLife Term 10
10 year term plan that automatically renews with no medical exam or questions.
Guaranteed premiums for the duration of the term.
Coverage from $25,000 to $250,000.
No medical exam needed to apply, just 6 simple health questions.
Living benefit - an advance of up to 50% of your coverage if are diagnosed with a terminal illness.
30-day money-back guarantee.
ScotiaLife Term 20
20 year term plan that automatically renews with no medical exam or questions.
Guaranteed premiums for the duration of the term.
Coverage from $25,000 to $250,000.
No medical exam needed to apply, just 6 simple health questions.
Living benefit - an advance of up to 50% of your coverage if are diagnosed with a terminal illness.
30-day money-back guarantee.
More about the other life insurance plans offered by SoctiaLife Financial now.
Please compare this institution to the rest of the Canadian market to ensure you’re getting the best possible conditions on your life insurance coverage.
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