Coverage Amount Explorer
Coverage amounts can be difficult to think about in the abstract. This tool helps you understand what different amounts could cover — in plain language, without any advice or sales pressure.
Educational tool — not financial advice.
The figures below are illustrative examples based on common Canadian financial benchmarks. They are not appropriate for every household. Do not rely on this tool alone when choosing a coverage amount. Speak with a licensed insurance advisor.
Select a coverage amount to explore
You are exploring
$250,000
Educational tool disclosure: This explorer is educational — it does not provide quotes or financial advice. When you are ready to explore an actual life insurance offer, the "Get Covered" link in the navigation takes you to a commercial experience. Registry directory listings are not ranked by or affected by any commercial arrangement.
Find out how much you may need
Planning Tool
Needs Calculator
Estimate your personal coverage need using income, debts, and goals.
Education
Term vs Permanent
Once you know the amount, compare term and permanent coverage types.
Article
Term Life Insurance
The most common type used for income replacement and mortgage coverage.
Directory
Insurance Carriers
Browse the Registry of licensed Canadian life insurance companies.