How our plan works for residents of Newfoundland and Labrador
Key benefits of our plan
Affordable coverage that saves you more on life insurance than a traditional permanent plan.
Our guaranteed tax-free benefits are paid directly to your selected beneficiary.
Coverage amounts up to $500,000 with no medical exams required. Find your ideal coverage amount with our calculator tool.
Choice over how long you want your coverage to last with 10, 20 or 100 years terms.
Our premiums are guaranteed, meaning there are no unpleasant surprises regarding your rate or at the time of payment for your loved ones!
No medical exam: neither today nor at the renewal of your policy.
Premiums and coverage are guaranteed for the life of your policy
TermLite Simplified Term Life Insurance meets specific needs such as:
If you have a business that you want to maintain to pass it on to your spouse or child.
If you have a mortgage on your home that you haven't finished paying.
If you have other debts that you want to take care of for your loved ones.
If you have children for whom you are paying university fees, etc.
At Termlite, our goal is to provide Canadians in Newfoundland and Labrador with affordable and simplified term life insurance coverage.
If you are interested in learning more about our product or if you would like a free no-obligation quote, please complete our short free quote form now!
