Life Insurance
Plan starting from 25$/month
- 10%* Discount of first year premiums
- Combo plans available for life, critical and disability.
- No medical exams, Guaranteed fixed premiums
- Covering final expenses
- Includes $10,000 accidental death benefit
- Cancer Protection Add-On
Life Insurance
Get a Life Insurace Quote
Maxxlife Financial Inc.
Your Next Trusted Insurance Experience
5,000+ Customer Served
12+ Years In Business
100% Underwritten Plans Available
Tailored Plans from Multiple Providers
Coverage for High-Risk & Pre-Existing Conditions
Why buy Life Insurance
What are the benefits of life insurance?
- Guaranteed Financial Security for Your Family’s Future
- Tax-free death benefit
- Cover Final Expenses Without Financial Stress
- Flexible Plans Tailored to Your Needs
- Coverage amounts from $100,000 to $5 million
- Term lengths of 10, 15, 20, 25, or 30 years
- Affordable rates that stay the same during your initial term
- Convert term to permanent insurance without medical proof until age 71
What kind of life insurance do you need?
Life Insurance offers coverage from $5,000 to $10 million depending on the plan option you choose. If you are a Canadian citizen or resident and meet the age requirements, you can apply for coverage.
Comparison between term and permanent life insurance
Term Life Insurance
Duration
10, 15, 20 or more years
Best For
Replacing income, covering mortgage & short-term debts
Cost
Lower initial premiums that increase upon renewal
Flexibility
Convertible to permanent insurance usually available
Eligibility
Ages 18 to 70 years old
Coverage
Up to $1 Million instantly (age dependent)
- Popular Choice
Permanent Life Insurance
Duration
Lifetime coverage that never expires
Best For
Estate planning, leaving a legacy, final expenses
Cost
Higher but level premiums + cash value growth
Flexibility
Tax-preferred growth & potential dividends
Eligibility
Ages 50 to 75 years old
Coverage
Instant approval, no medical exam required
Important Policy Details
For both plan types, if the insured dies by suicide within two years of the policy date, premiums are returned but the death benefit is not paid. Coverage amounts and eligibility depend on the specific plan and applicant details.
Trusted Partners
Compare Medical Insurance from Trusted Providers for the Super Visa Program
Frequently Asked Questions
Top questions Canadians ask
Term life insurance provides coverage for a specified period or "term," offering a payout to the beneficiary if the insured passes away during that term. As compared to permanent types of life insurance such as Whole Life or Universal Life, Term Life Insurance is the most affordable option as it offers temporary protection and does not have any investment or cash value components.
If Visa Refused 100% Refund. There are a number of reasons why you can be found inadmissible, denied a visa and refused entry to Canada. We understand that posibility of refusal of visa exists and insurance premiums are high, so we offer plans that would refund 100% incase of visa refusal. Feel free to discuss again with our agent to re-confirm before issue of policy.
The deductible is the amount of money you need to pay out of your own pocket before your insurance starts to pay for your medical expenses. For example, if you have a $500 deductible and your medical bills total $10,000, you'll need to pay the first $500 yourself. After that, your insurance will cover $9,500 of the medical bills.
A pre-existing condition means any health problem, sickness, or injury that you had before you got the insurance.
It depends on your health history. When you ask about the cost, they'll ask if you had any health problems before. This helps them figure out the right price because some things might cost more or not be covered. After you choose a price, you can talk to someone from the insurance company. They can help you understand if your health history affects what's covered and change things if needed to make sure you're okay with it.
The Super Visa cannot be extended. You have to leave Canada before the visa ends. If you need to stay longer, you'll have to apply for a new one.
Once your visitor arrives in Canada, the Super Visa insurance starts working right away. If your plans change, you can usually ask your insurance provider to adjust the start date before the coverage begins.
Each insurance policy is a bit different, but most of them cover:
- Medical expenses in emergencies
- Regular fees for visiting the doctor
- X-rays
- Medicines prescribed by the doctor
- Emergency dental care
If you think you need more coverage based on your situation, you can pay extra for it. This way, you can have more protection while you're in Canada.
One more good thing about super visa insurance is that it lets you come back to Canada multiple times. So, if you want, you can visit your home country and then come back to Canada again.
When you apply for a Super Visa, the government (IRCC) might ask for a medical exam, but you don't have to do medical tests to get Super Visa insurance. Instead, they'll give you some forms to fill out about your health, and you just need to answer them honestly.
Maxxlife Financial Inc. has been a trusted insurance broker in Toronto, Canada for nearly 15 years, helping clients protect their life, health, travel, and retirement with confidence.
The information and content of this site is intended for general informational purposes only. It is not intended to constitute insurance, legal, financial, tax or any other professional advice or services. You should consult a qualified professional advisor before making any decision relating to the information contained in this site. The materials in this site are provided strictly on an “as is” basis. Insuremenow.ca makes no representation or warranty concerning the accuracy of the information and content implied or statutory, to the greatest extent permissible by law, including, but not limited to, all warranties or accuracy, completeness, merchantability, performance, and fitness for a particular purpose
