Key Benefit Icon

Easy to arrange

No health checks or added stress. Speak to our trusted advisors and set up your policy in a matter of minutes.

Key Benefit Icon

Great value

Family Life Insurance with a lump sum benefit amount up to $1.5m and monthly premiums from as little as $9.66 per month1.

Key Benefit Icon

Excellent service

We are Canada’s most trusted direct life insurance provider*. Enjoy a pressure-free service from our team of specialists.

What is term life insurance from Cover Direct?

Cover Direct Family Life Insurance is a type of life insurance policy that can offer your loved one's financial support if you pass away unexpectedly. With Family Life Insurance we offer term life insurance and a more permanent version of life insurance. Term life insurance will last a certain time, which you choose when taking out a policy, and can be between 10 and 30 years.


Family Life Insurance is available for Canadian residents aged 18 to 702. Depending on your age, you could get up to $1.5 million worth of coverage. Even better, our prices start from as little as $9.66 per month1 with no policy fees. You can secure a policy in a matter of minutes. There are no complicated forms, medicals or blood tests to get approved - just a few health and lifestyle questions.

cover-direct-ca-square-tvc-paul-05.png

Service you can trust

As the most trusted direct life insurance provider in Canada*, we’re proud to say that we’ve been rated ‘Excellent’ on Trustpilot after thousands of independent reviews. We've also got excellent ratings on Google, REVIEWS.io and Feefo, where we’ve won the Gold Trusted Service Award.

Award Image
Award Image
Award Image

How much term life insurance do you need?

At Cover Direct Insurance Agency, we’re here to help you get coverage that can give you peace of mind. To get an idea for how much you need, think about what you would like your term life insurance policy to do. A life insurance policy can be used for some very important things like a mortgage, car repayments or even providing savings for your children’s education.


At Cover Direct, we offer both term life insurance policies and life insurance policies that last your entire lifetime. So, it’s important to think about what type of coverage might suit you best. No worries if you’re not sure yet though, we offer our customers the flexibility to apply to make changes with no additional fees. If you would like an idea for how much policy coverage you might need, you can use our life insurance calculator.

cover-direct-ca-square-stock-16.png

Why choose Cover Direct?

  • We are Canada’s most trusted direct life insurance provider*
  • Easy to apply – You can get coverage with a quick and easy process4
  • Exclusive to Cover Direct – Family Life Insurance is available exclusively from Cover Direct
  • No medicals or blood tests for approval – We only ask just a few health and lifestyle questions
  • Get up to $1.5 million of coverage depending on your age
  • Affordable coverage –  Our protection starts from as little as $9.66 per month1
  • Optional extra coverage – We offer Critical Illness Insurance and children’s coverage, so you can help prepare your family for whatever the future might hold
  • Terminal Illness coverage – If you’re diagnosed with a terminal illness, you’ll receive your full benefit amount upfront5 to help keep life on track
cover-direct-ca-square-stock-18.png

How much does term life insurance cost?

Trying to balance the budget for a family can be a tough task, even at the best of times. It can sometimes be too easy to put off getting life insurance. After all, it’s not easy thinking about your own death. We are here to help you embrace your responsibility to your loved ones. We’ve designed our policies to be simple and straightforward, to help you get life insurance you can feel confident about.

Some of the common factors that can impact the cost of your Cover Direct Family Term Life Insurance policy include:

  • Your age at the time of applying
  • Your gender
  • Your smoker status
  • Your chosen benefit amount
  • Your response to health, lifestyle and occupational underwriting questions

With Cover Direct you’ll have the flexibility to apply to make changes at any stage during the policy, for no additional fees.

cover-direct-ca-square-stock-87.png
PDP_Inpage_02 (1).jpg

How does Cover Direct Family Life Insurance work? 

Cover Direct’s Family Life Insurance offers your loved ones some financial support if you were to pass away unexpectedly. Even better, there are no medical checks or blood tests to get approved - just a few health and lifestyle questions. Find out more below or read our helpful life insurance guide.

Term life insurance

Term life insurance offers coverage for a set amount of time. If you pass away during this time period, your family will receive a lump sum payout. A member of our team will help you decide on a suitable period between 10 and 30 years3.

A more permanent type of life insurance

As an alternative option, we have a more permanent kind of policy that is designed to provide you coverage for the rest of your life once you keep up with your monthly payments. This can offer you peace of mind knowing that your loved ones have support they require even when you are no longer there3.

Optional coverage 

Life is full of surprises and unfortunately, not all of them are good. If you would like greater peace of mind, we can discuss some of the optional extras with you. These optional extras will pay a tax-free lump sum amount to you, or your loved ones.

Children’s Coverage

  • Coverage of $30,000
  • Pays out for accidental death and a range of illnesses and accidental injuries. For full list of conditions please see our T&Cs
  • Minimum age at the start date of at least 1 and maximum age at start date of 17
  • Coverage ends when the insured child turns 21

Critical Illness Insurance

  • Coverage of $50,000
  • Pays out for a variety of illnesses such as Heart Attack, Cancer, Stroke and Coronary Artery Bypass grafts. For a definition of each condition please see our policy terms and conditions
  • Minimum age at the start date is 18 and maximum age at the start date is 60
  • Coverage ends when the life insured turns 70

Frequently asked questions

Read the most commonly asked questions about Term Life Insurance from Cover Direct.

Term Life insurance is a simple way to help provide some financial support for loved ones that depend on you. A term life insurance policy allows you to leave behind a lump sum amount that could be used by your loved ones to pay tax bills, final expenses and other debts after you pass away. With a term life insurance policy, you select a certain period that you would like to have coverage for. Depending on your circumstances this could be anywhere between 10 and 30 years. With Cover Direct, you could apply for up to $1.5 million of coverage depending on your age.

Learn more

Cover Direct Family Term Life Insurance is protection that helps to ensure your loved ones have some financial help in place if the worst were to happen. There are two types of policy available: term life insurance and a more permanent type of life insurance. With a term life policy, the term lasts between 10 and 30 years depending on your age. If you die during the term, your legal beneficiary will receive a cash amount. With the second kind of life policy, you’ll be protected for the rest of your life, if you keep paying the premiums. That means that if you pass at any time, your loved ones will receive a cash amount. A member of our expert team will explain all the details over the phone.

You must be a Canadian resident aged 18-70 to apply for coverage1. Our coverage is exclusive to us and can only be arranged directly. Simply choose a benefit amount with a monthly premium that you can afford, and you’ll have protection in place for your loved ones.

You are not covered for death as a result of suicide until 24 months after your policy has begun. The optional children's coverage and Critical Illness Insurance will only cover the specific types of death, injury or illness defined in the policy terms and conditions.

Generally, the younger you are when you take out a life insurance policy, the cheaper your premiums could be. You can apply for larger benefit amounts when you take out a policy sooner rather than later. However, the decision to purchase life insurance depends on your personal circumstances and needs. Please contact us if you would like to discuss this further.

While you may have protection through your employer now, if you leave your job for any reason in the future your coverage may end, and you could be left without any protection. Because of this you might want to consider taking out your own life insurance policy. 

With a term life insurance policy you will have to pay monthly premiums until the end of your coverage term. You will select this period when applying for your policy. It could be between 10 and 30 years depending on your circumstance.

If you choose the more permanent life insurance, you will pay monthly premiums for the duration of your coverage.

If you cancel your life insurance policy, you will no longer pay premiums. If you cancel your policy more than 30 days after the start date, you won’t get anything back.

Want to talk?

At Cover Direct Insurance Agency we can get you a quote quickly and easily. You won’t have to wait around long; you can get coverage directly from us. Enter your details below to get the process started.

  • Ontario
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Northwest Territories
  • Nova Scotia
  • Nunavut
  • Prince Edward Island
  • Saskatchewan
  • Yukon
By clicking "Call me back", you confirm you have read and agree to our terms of use and privacy policy.

Guides

Card Image

Free Info Pack

Find out more about Cover Direct Family Life Insurance in our FREE and easy to understand information pack. It includes important information and things to consider before you buy.

Our claims process

Step 1 - Contact us

To start the claims process, simply call us or email claims@coverdirect.ca. Our claims team are highly trained and handle claims with care and compassion.

Step 2 - Submit

We will send you a claim form to be completed, signed, and returned to us. The claim will then be reviewed as quickly as possible. We may need more information, in which case the person making the claim might be contacted.

Step 3 - Payout

Once your claim is approved, we will pay the benefit amount to the person legally entitled to it. 

More reasons to choose Cover Direct

  • Local experts – Our experienced call centre is based right here in Canada
  • Easy claims process – We aim to make the process as easy and straightforward as possible
  • Worldwide coverage – You get 24/7 protection, wherever you are
  • Immediate protection – Your coverage starts from day 1, so there’s no waiting period6
  • Flexibility – You can apply to make changes with excellent ongoing service and no policy fees!

Please refer to our T&Cs for more detail.

landing-page-image_04.jpg

The smart way to protect your family is to get Cover Direct

*

Based on ratings on multiple reviews platforms compared to direct competitors since 2022. See coverdirect.ca/reviews for more details.

1

For a 32-year-old female non-smoker with age-based premiums and $100,000 of coverage. 

2

Available to Canadian residents aged 18-70 only. Not yet available in Quebec. 

3

Subject to the standard terms and conditions in your policy. 

4

Policy coverage, limitations and exclusions are subject to the full Terms and Conditions. Not yet available in Quebec.

5

A medical professional has to diagnose the terminal illness.

6

Immediate protection starts from day 1 of your policy, excluding death as a result of suicide in the first 24 months. Waiting periods may apply to Optional children's coverage and critical illness coverage, as per the policy terms and conditions.