Life insurance
made simple

Secure your family's financial future

Here’s how it works

apply-online-comparewise
Apply Online

Skip the wait and stress of in-person meetings and get great insurance online.

match-best-comparewise
Best Match

We connect you with our certified insurance providers in your area.

home-insurance-comparewise
Get Insured

After reviewing your application info, our partners will give you an insurance deal.

Access the
best rates in Canada

Getting the best life insurance deals is easier than ever with Comparewise. Simply apply for free online and get your pick of the lowest rates available on the market. Life insurance is an important step in making sure your family has a financially stable future no matter what happens.

quick-fast-comparewise
Quick & Simple

Beat the market by accessing the best, most current rates in seconds.

total-free-comparewise
100% Free

You'll never pay a cent for Comparewise services. We're 100% provider-funded.

best-rates-comparewise
Best Rates

We shop around so you don't have to. Skip the search and get the best rate.

safe-secure-comparewise
Safe & Secure

Rest assured that your application is secure. We connect you with only top providers.

FAQs about
Life Insurance

Have a different question? Contact us today.

What is life insurance?

Life insurance ensures that anyone financially dependent on you is taken care of when you die. With life insurance in place, your spouse and/or children will receive a tax-free lump sum from your insurance provider following your death. This amount is intended to help cover funeral expenses, unsettled debt, and some of their basic needs going forward in your absence.

Who should get life insurance?

Anyone who has family or loved ones that are reliant on them financially should take out life insurance.

Life insurance is not a prerequisite for everyone, although it may be a requirement if you take a mortgage loan. It does, however, offer some financial security for your dependents if you unexpectedly pass away.

The funds they receive from your life insurance enable them to pay off any outstanding debt you may have incurred, and usually ensures that they have some finances available to cover living and other general expenses for the foreseeable future.

How does life insurance work?

When you take out a life insurance policy, you agree to make regular payments to the insurance provider until you pass away (if they have permanent life insurance) or for a fixed term (in the case of term life insurance). After death, a lump sum will be paid out to the policyholder’s beneficiaries detailed in the agreement.

Get pre-approved for
Life Insurance

Secure your family's financial future