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Sears Term Life Insurance

Sears Financial offers a term life insurance plan through Canada Life Assurance with variable levels of coverage, and the option for preferred rates.

  • Available to Canadians ages 20 to 70.

  • Coverage ranges from $50,000 to $ 200,000.

  • Coverage is guaranteed up to age 75, decreasing by 20% each year starting from 71.

  • A medical exam is not normally needed in order to qualify for coverage.

  • A compassionate advance of up to $50,000 is available if you are diagnosed with a terminal illness.

  • Up to 50% reduction in premiums for non-smokers.

More about the additional life insurance products offered by Sears 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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Compare Canadian Life Insurance
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Cover for:
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Types of cover:

Life Cover

Life Insurance pays a sum to the beneficiary of the insured’s policy in the event the insured dies during the term of the policy.

Critical Illness

Critical Illness Insurance pays a benefit to the insured in the event the insured is diagnosed with a predefined illness during the term of the policy.

If not sure please select OTHER

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Amount of Cover:

Here you can choose how much you would like the beneficiaries of your policy to receive in the event of your death.

Things you may consider are the amount required to maintain your family’s standard of living and the cost of paying off any large debts you may have such as a mortgage.

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