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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.

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