ScotiaLife Term Insurance
Life could be unpredictable. That's why, in the event of their passing, everyone wants to protect and support their loved ones. We can provide the coverage you need for your family - whether you are recently married, planning to have children, running your own business, or at the height of your career earning years.
ScotiaLife Financial provides a full range of life insurance solutions:
- ScotiaLife® Term 1 Insurance
- ScotiaLife® Term 10 Insurance
- ScotiaLife® Term 20 Insurance
- ScotiaLife® Term to 100 Insurance
All you need to do is answer a few short health questions - a medical exam is not needed, in most cases, to apply.
Deciding Which Coverage Option Is Best For You Is Surprisingly Simple
Your total coverage needs and stage of life will determine what type of insurance options are right for you:
- In the years when your family is growing and you need a higher amount of protection at an affordable cost, consider ScotiaLife Term 10 Insurance and ScotiaLife Term 20 Insurance. For example, consider Term 10 if you are covering a 10-year need or Term 20 if your protection needs are longer.
- If you need lifetime coverage to pay your final expenses, consider ScotiaLife Term to 100 Insurance.
Our experienced licensed, salaried advisors can help you determine the amount of insurance and the type of coverage that are suitable for your situation.
Coverage For Today And Tomorrow
Each type of coverage addresses different stages of your life insurance needs. This product comparison table will be useful in helping you decide what fits best into your budget, your plan, and your long-term goals.
|ScotiaLife Term 1 Insurance||ScotiaLife Term 10 Insurance||ScotiaLife Term 20 Insurance||ScotiaLife Term to 100 Insurance|
|Length of Need||Short Term||Medium Term||Long Term||Permanent|
|Cost||Low for short term needs||Low for short term needs||Better for medium term needs||Best for long term needs|
|Length of Coverage||Renewable to age 70||10 years, renewable to age 75||20 years, renewable to age 75||Lifetime Coverage|
|Coverage Available||Up to $1 Million||Up to $250,000*||Up to $250,000*||Up to $250,000*|
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