20 Years Term Life Insurance


It’s term life insurance - simplified

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Term 20 Life Insurance

Term 20 provides reliable coverage with guaranteed premiums for 20 years. This plan offers financial coverage for people with more extended temporary needs like a mortgage or insuring children until they reach adulthood.

Benefits of Term 20

  • You never have to undergo any medical exams to apply for coverage.
  • There is no paperwork or lengthy application process with this plan.
  • Fixed premiums so you always know the price of your policy.
  • The terms of the plan are renewable without a medical exam.
  • 10-day review period to make sure your plan is right for you.
  • Tax-free benefits.

What Term 20 is Best Suited For:

  • Term 20 is the most popular option for mortgage coverage. The 20-year term is often the perfect amount of time needed to ensure that your mortgage costs are covered and don’t go to your loved ones if you pass away.
  • A term 20 plan can help cover the costs associated with your growing business. So, even when you are no longer around, your business can safely pass to the people who matter most.
  • This term coverage can provide peace of mind knowing that your young children will have the funds they need in the most crucial years as they grow up.

What makes TermLite special


From application, to approval, to getting your policy - the process is fast and hassle-free.


No 100-page health questionnaires to go through, in fact, no paperwork at all.

No Medical

No doctors, no needles, no waiting around for results. None of the frustrations of applying for life insurance.

How much coverage can I get?

You can get up to $1,000,000. The maximum amount will depend on your age and answers to qualifying questions.

Can I apply?

As long as you are a Canadian resident between the ages of 18 to 70 you are eligible to apply.

How long will the coverage last?

You can choose to be protected for 10, 20, 30 or 100 years.

What about the premiums?

Premiums are dependent on age, gender, smoking status, and a short qualifying questionnaire. Your premiums are guaranteed to stay the same for the duration of the policy.

Can I renew my policy at the end of the term?

You can renew your policy yearly without a medical exam.

What if I change my mind?

No problem! You have 10 days to look over your policy and make sure it’s right for you. If not, let us know, and you’ll get a full refund.

What our clients say

Here’s how this all works

Complete a quick, 30 seconds quote request. Yes, it’s that fast.
One of our friendly advisors will reach out to you and ask you a few health questions to provide a personalized quote.
If you are happy with the quote and the protection the plan offers, you can complete your application right over the phone with the advisor.
Following a super short approval time you can choose to have your policy emailed or mailed to you. You’re covered and stress-free.