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Compare Our Rates with Other Providers

How inexpensive is CBIA Level 80 Term Life insurance? Compare our annual average cost over 10 years to some of the least expensive 10 Year Term Insurance plans.

The following are examples of the average 10 year annual cost of owning a CBIA Level 80 Term Life certificate compared to other providers’ popular 10 Year Term insurance products. The number in brackets ( ) indicates the initial annual cost of your CBIA Level 80 Term Life certificate.

 

Male Non-Smoker $250,000
Age 36 Age 46 Age 56
CBIA L-80 Term $189
($172)
$348
($290)
$827
($651)
Canada Life Term 10 (Gold) $228 $448 $860*
Manulife Family Term 10 $220 $411 $1136
RBC Insurance Term 10 $171 $335 $833*
Sun Life SunTerm 10 $254 $499 $890*
Empire Solution 10 $186 $353 $868*
Male Non-Smoker $1,000,000
Age 36 Age 46 Age 56
CBIA L-80 Term $516
($464)
$1021
($796)
$2843
($2143)
Canada Life Term 10 (Gold) $670 $1470 $3160*
Manulife Family Term 10 $577 $1323 $4128
RBC Insurance Term 10 $520 $1169 $3154*
Sun Life SunTerm 10 $638 $1471 $3215*
Empire  Solution 10 $562 $1208 $3240*
Female Non-Smoker $250,000
Age 36 Age 46 Age 56
CBIA L-80 Term $141
($128)
$242
($205)
$597
($437)
Canada Life Term 10 (Gold) $190 $318 $618*
Manulife Family Term 10 $182 $310 $785
RBC Insurance Term 10 $133 $244 $590*
Sun Life SunTerm 10 $208 $375 $643*
Empire Solution 10 $152 $257 $625*
Female Non-Smoker $1,000,000
Age 36 Age 46 Age 56
CBIA L-80 Term $372
($322)
$693
($562)
$2055
($1440)
Canada Life Term 10 (Gold) $520 $970 $2180*
Manulife Family Term 10 $484 $982 $2721
RBC Insurance Term 10 $393 $811 $2045*
Sun Life SunTerm 10 $527 $1020 $2275*
Empire Solution 10 $416 $804 $2190*

Premiums shown are based on Standard underwritten 10 year term rates and include the Waiver of Premium benefit EXCEPT where * is present. All illustrated premiums according to Life Guide insurance cost comparison software December 2015 edition. Ontario and Quebec clients, please add PST/QST to CBIA premium. CBIA Level 80 Term Life is underwritten by The Manufacturers Life Insurance Company (Manulife) P.O. Box 670, Stn Waterloo, Waterloo, ON N2J 4B8. Rates are not guaranteed and can vary with plan experience.

Please be aware that every effort has been made to ensure accuracy at time of comparison, however, we are not responsible for any premium differences due to changes in rates after our most recent comparison has been published.