Term 100 life insurance
Term 100 is not limited to 100 years — it’s a permanent life insurance plan that covers you for your entire life. You pay fixed premiums up to age 100, after which coverage continues for life, but payments typically stop.
Term 100 Life Insurance is a unique and affordable way to get lifetime coverage with guaranteed premiums. Unlike traditional term insurance that expires after 10, 20, or 30 years, Term 100 provides lifelong protection, making it a popular choice for Canadians who want long-term peace of mind without the investment component of whole life insurance.
At iRateCompare, we help Canadians find the best-fit policies from top providers. Let us show you how Term 100 Life Insurance can be a simple, lifelong solution to your protection needs.
Benefit of Term Life Insurance
- Lifelong Coverage
Your beneficiaries receive a tax-free death benefit no matter when you pass away, as long as premiums are paid. - Fixed Premiums for Life
Premiums are guaranteed not to increase, making it easy to plan your long-term finances. - Affordable Alternative to Whole Life
Term 100 is often more budget-friendly than traditional whole life insurance because it doesn’t include a cash value or investment component. - Simple & Transparent
No complicated savings features — just pure life protection designed to support your family or cover final expenses. - Ideal for Estate Planning
Great for leaving behind a tax-free legacy, covering funeral costs, or settling outstanding debts.