How much does life insurance cost in Ontario?

It depends on your age, health, whether you smoke, the amount of coverage and the type of policy. Term coverage is usually the lowest-cost place to start; permanent coverage costs more because it lasts for life. A quote compares insurers on those details, and the final price is set after the insurer reviews your application.

How much life insurance do I need?

Enough to pay off debts, replace the income your family relies on for as long as they'd need it, and cover known costs such as education or the tax on a cottage or business. The right amount comes from your whole plan, not a rule of thumb.

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What would life insurance cost me?

Four quick steps, about two minutes. We compare options from insurers available to us through The Gryphin Advantage Inc., managing general agency, and a licensed advisor follows up. No pressure, and nothing is signed until you decide to apply.

Step 1 of 4

What would you like to protect?

Who's it for?

Step 2 of 4

A little about you

Date of birth

Province

Sex (as insurers price it)

Any tobacco, vaping or cannabis in the last 12 months?

Overall health

Step 3 of 4

How much coverage?

Amount

For how long?

Not sure? The usual starting points are your debts, the years of income your family would need, and any tax that comes due at death, such as on a cottage or a business. We'll help you size it properly.

Step 4 of 4

Where should we send it?

Name

Phone

I consent to Creighton Financial Group collecting and using the information above, including my health and tobacco answers, to prepare an insurance quote, and contacting me about it by phone or email. I can withdraw this consent at any time by contacting 519-672-7878 or david@creightonfg.com.

We use these details, including your date of birth, sex, tobacco use and general health, only to prepare your quote and contact you about it. We share them only with insurers and our managing general agency, The Gryphin Advantage Inc., to get quotes. Full health questions come from the insurer only if you apply. See our Privacy policy.

Your quote request

Thanks. Here's what happens next.

We compare options from insurers available to us for your age, health and coverage.
Within one business day, one of our licensed advisors sends your comparison and answers your questions.
If you'd like to go ahead, we'll walk you through the application. Nothing is signed until you decide.

Live rates (WinQuote)

Live rates from the insurers available to us.

Or book a 30-minute call →

Common questions

What affects the price?

Your age, health, tobacco use, the coverage amount, how long it lasts and the type of policy. Term coverage is usually the lowest-cost starting point; permanent coverage costs more because it lasts for life.

How much coverage do I need?

Enough to pay off debts, replace the income your family relies on for as long as they'd need it, and cover known costs like education or the tax on a cottage or business. The right number comes from your whole plan.

Is the quote the final price?

No. The insurer sets the final premium after underwriting, which can include health questions and, for larger amounts, a medical exam.

I already have coverage through work. Is that enough?

Group coverage usually ends when you leave the job, and it's often a multiple of salary rather than what your family actually needs. It's worth checking how it fits with personal coverage.

Insurance products are offered through Creighton Financial Group and placed with insurers through The Gryphin Advantage Inc., managing general agency. Quotes are estimates only; final premiums are set by the insurer after underwriting. Educational only. Not tax, legal, or investment advice. Confirm with your accountant before acting. Creighton Financial Group is the operating name of David Creighton & J.P. Creighton Consulting Inc.