What is term life insurance?
Term life insurance is affordable, easy-to-understand coverage that gives you flexible, protection.
Your insurance costs is guaranteed for a specific period of time (the "term"), until it renews for another term. If you die while the policy is in effect, a tax-free payment will go to the person or people you name (your "beneficiaries"). And with most term policies, you can also convert your coverage to permanent insurance regardless of any changes to your health, occupation or lifestyle.
Is term life insurance right for you?
Term insurance is an effective solution if you are:
- Looking for affordability and value
- Looking for temporary protection (for example, to cover a mortgage or business loan, or until your children are finished school)
- A business owner who needs key person protection and/or a way to fund buy/sell agreements
Types of term life insurance:
Get term life insurance
Term life insurance can be a key part of your financial plan. Speak with an advisor to determine the right life insurance for your needs or get a quote online.
Speak with an advisor
Get a quote on SunSpectrum or SunTerm Life Insurance through your advisor, or find an advisor near you. There's no cost to talk to an advisor.
Get a quote online
It's really easy to apply for Sun Life Go Insurance online. Get a quote online or read more about the products above.