10-Year Term Life Insurance

10-year term life insurance

By National Bank Insurance Life | Health


 

Coverage

10-year term life insurance offers you:

  • $25,000–$1,000,000 in the event of death
  • 10% of the insured amount, up to $30,000 in the event of a critical illness diagnosis
  • Double the life insurance amount in the event of accidental death

It's much more than just term life insurance!

Life insurance

Our 10-year term life insurance provides affordable coverage in the event of death.

Don't leave anything to chance. Ensure your loved ones are protected.

Simplified application process up to $750,000.


 

Coverage in the event of a critical illness diagnosis

If you are diagnosed with a critical illness, our 10-year term life insurance will automatically pay 10% of your insured amount, up to a maximum of $30,000, allowing you to focus on your recovery. The following critical illnesses covered: cancer, stroke and heart attack.

Make things a little easier on you and your loved ones in the event of a critical illness diagnosis.

Coverage in the event of accidental death

In the event of accidental death, the amount payable is automatically doubled. For example, if you have $250,000 in coverage, the beneficiary of your life insurance policy would receive $500,000.


 

Insurance made easy

Life insurance and coverage in the event of a critical illness diagnosis and accidental death: it's as simple as that! Our 10-year term life insurance is designed to meet your needs, without any hassle.

Life insurance doesn't need to be complicated to be comprehensive.


 

Eligibility, conditions and availability

  • Available in Canada
  • The insured must be aged 18–60 at the time of enrolment
  • The insured must be a Canadian citizen or hold a valid permanent resident card
  • The insured must have resided and been physically present in Canada for more than 6 months over the past 12 months
  • The policy is subject to verifications
  • Certain conditions and exclusions apply. For example, suicide within the first 2 years of the policy would not be covered, and the contract could be cancelled if there is a misrepresentation. The other exclusions, limitations and restrictions may be found in the policy. You can read them online.