Toronto Life Insurance 

In general, a life insurance broker doesn't work for a particular insurance company, whereas an agent is typically an "agent" of that one company. There is nothing wrong with being an agent. However, you get more objectivity by virtue of a broker looking at your situation and matching it to the appropriate company rather than limiting you to one companies products.

Age, smoking status, life insurance amount, length of term, medical and health risks are all taken into account when pricing your life insurance cost. When you speak with us we can compare rates and get you the price you can easily afford.

There are many ways to calculate how much life insurance you need as an individual. Objectively, you can start by using your income because this is what you are replacing and the lifetime potential of you value as a human being. For example if you make $50,000 a year you multiply that by 20 or 25 to get the amount you need to comfortably replace your income for 20 to 25 years. The price for that could not be affordable for some. So instead, start there and adjust it based on a price you can afford. Ultimately the best life insurance amount is the one you have in place when your family needs it most. Start with your income because it's the one you use for debts, mortgages etc. and to support your lifestyle.

Term life insurance is the most affordable type of life insurance for those not looking for lifetime coverage and peace of mind to protect their family and obligations. Whole Life is a permanent life insurance to cover you for your "whole life" and offers both a savings component and life insurance. Your term life expires after a certain period i.e. 10, 20, 25 years whereas whole life insurance lasts your whole life.

We can’t recommend all-encompassing providers as the best term life insurance companies in Canada as they all offer different terms and policy types. That's why it's best to speak to us so we can understand your needs and match it with the best life insurance company.

Yes there is available to you life insurance for health issues. Given that we work with 20+ life insurance companies in Canada we can always find you a solution regardless of health history.

There are various no medical life insurance companies in Toronto and Canada such as Canada Protection Plan that focus on high risk cases. Most life insurance companies, however, do offer no medical term life and whole life insurance even if you are on good health and just want a quick policy application.

We are compensated directly by the life insurance company you choose for your policy when you choose to buy life insurance with Blue Alpha Wealth. There is no direct payment or out of pocket cost from you.