2024 Average Term Life Insurance Rate Chart by Age, What Canadians Need to Know
Canadian Lic17 Dec, 2024Finance
Term Life Insurance Rates vary by age, making it crucial to secure a policy early. In 2024, younger Canadians, typically aged 25-35, enjoyed the lowest premiums, while rates increase with age due to higher health risks. For example, a healthy 30-year-old could pay $20/month for $500,000 coverage, but a 50-year-old may pay $80/month. Compare Term Life Insurance Quotes Online to find affordable options tailored to your needs. Act now to lock in better rates!
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