Toronto Life Insurance 

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Toronto life insurance quotes Blue Alpha Wealth

easy, affordable Life Insurance Quotes online.

  • Compare quotes online & by phone.
  • Coverage amounts: $5,000 – $10 mil+.
  • Advice from life insurance experts.

Buy Affordable Toronto Life Insurance

When shopping for life insurance in Toronto, Blue Alpha Wealth is experienced in helping you compare and choose the best type of life insurance quotes and options to match your health and budget. 

Life insurance always makes sense if it's an amount that replaces 20 times your income and at a price you can easily afford. Working with a Toronto life insurance broker is always a good start for getting appropriate options and life insurance rates from various companies.

What Type of Life Insurance Is Available To You?

Term Life Insurance

term life insurance toronto
  • Great if you don't need lifetime coverage.
  • Provides Simple, Affordable Protection
  • Can Fit Your Budget & Need Amount

Whole Life Insurance

whole life insurance toronto
  • Provides lifetime coverage cash values.
  • Whole Life can be more expensive than term life.
  • Coverage will last for your entire life.

No Medical Exam Life 

no medical exam life insurance toronto
  • If you hate needles or want convenience.
  • Available as a term life or whole life policy.
  • Typically lower insurance amounts.

Universal Life Insurance

universal life insurance toronto
  • Best type of policy for flexibility. 
  • Offers flexibility of premium payments + lifetime coverage.
  • Options for how you invest cash values.

Final Expense Insurance

final expense insurance toronto
  • Burial insurance for end of life expenses.
  • Easy qualification & application ages 50-85.
  • Affordable rates & lower death benefits.

Children's Life Insurance

children's life insurance toronto
  • Investment for your children's future.
  • Whole life insurance.
  • Used to supplement education savings.

3 Easy Steps To Buy Life Insurance in Toronto

Let's get started with your life insurance policy


Tell us about yourself & your needs.


We'll get back to you and discuss options.


Finalize your coverage and answer your questions.

Get Life Insurance Quotes

life insurance broker Toronto Blue Alpha Wealth

Affordable Life Insurance in Toronto

Save money and time with your own personal life insurance broker. That's the job of Blue Alpha Wealth! Custom life insurance quotes and advice that takes into account your budget and priorities - that's our expertise!  

We maintain your privacy and never share your information with any third parties.  If you're worried about health issues we can do a confidential and anonymous "dry-run" on your behalf by communicating directly with life insurance companies and advising you on the best path forward.

  • A price you can easily afford.
  • Get no medical life insurance quotes.
  • Choose between term life or permanent life insurance.
  • Province
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon
Type of Life Insurance
  • Type of Life Insurance
  • Term Life Insurance
  • Whole Life Insurance
  • Universal Life Insurance
  • No Medical Exam Life Insurance
  • Children's Life Insurance
  • Burial Life Insurance
Amount of Life Insurance
  • Amount of Life Insurance
  • $25,000
  • $50,000
  • $75,000
  • $100,000
  • $125,000
  • $150,000
  • $200,000
  • $250,000
  • $300,000
  • $400,000
  • $500,000
  • $600,000
  • $700,000
  • $750,000
  • $800,000
  • $900,000
  • $1,000,000
  • $1,500,000
  • $2,000,000
  • $3,000,000

Blue Alpha Wealth life insurance clients say:

Steve Cook life insurance testimonial

I was referred to Carter by another business owner friend. I was worried about my current life insurance expiring and wasn't sure how the insurance companies would look at my health.  We were able to setup a no medical exam life insurance plan that was affordable. 

steve cook, President, The Initials Co., toronto

Chris life insurance testimonial Toronto

I have no clue about life insurance but knew that I needed life insurance for my growing family in case something happened to me as the breadwinner. Blue Alpha Wealth and Carter helped me find something that worked and helped me to understand how to name my beneficiaries for my blended family.

chris gillis, hamilton ontario

B Kaur life insurance testimonial

Blue Alpha Wealth started me with term life insurance which was cheaper, then as my income increased we added whole life insurance where I pay a fixed cost for 20 years and I have insurance for the rest of my life even when I stop paying for it.

b. kaur, toronto ontario

F.A.Q - Why choose Blue Alpha Wealth as your Toronto life insurance partner?

What's the difference between a life insurance broker and agent?

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.

How much does life insurance cost in Toronto?

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.


How much life insurance do I need?

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 vs. whole life insurance?

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.


Best term life insurance in Toronto?

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.


Can I buy life insurance with health issues?

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.


What is the best no medical life insurance in Toronto?

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.


How are life insurance brokers compensated?

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.


what Type Of Life Insurance Do You Need?

  • Term Life Insurance

  • Permanent Life Insurance

  • No Medical Life Insurance

What do you get?

Like the word "term" implies, term life insurance is for temporary needs and for a term, meaning it will expire after a specified time period e.g. 25 years.  Even though it expires you can renew it at that point, however, at a much higher price due to your age at that time.  In light of this high price "barrier" at time of renewal, you have the option to convert from term life insurance to permanent insurance (whole life, universal life) at any point from year one to year twenty five.

When and how does it pay?

Like all life insurance in general, it pays out at time of death other than from suicide.  Your family or named beneficiaries receive a lumpsum of the amount of life insurance you have and it's a tax free benefit with no strings attached

How much does it cost?

Term life insurance is a good option for those that are price or budget sensitive that need an appropriate amount of coverage at a price they can easily afford.  You generally want to go for terms of 25 to 30 years as these allow you to get more years at a good price for the amount of coverage you choose.  In addition, if you don't see your need for life insurance after say 25 years or after your kids leave the house then buy term.

Who is term life insurance for?

  • Typically a better and cheaper option than mortgage life insurance so best for anyone looking to cover their mortgage obligation
  • If you are budget conscious and need an easy and simple solution.
  • Business owner protection solution such as to protect the life of a key employee or in the case of a partnership agreement to buyout the other partners ownership interest if they pass away.
  • quick Tips to Buy Life Insurance In Toronto

    • A price you can easily afford.
    • $500,000 coverage for every $25,000 of income/salary.
    • Think in terms of "human life value". What is the financial value of your life to your family for the next 20 years.
    • Customize your plan. You can mix term life with whole life.
    • Consider the terms and language of your life insurance policy contract. 
    • Always buy life insurance from an independent broker.

    Toronto Life Insurance Costs

    • The cost of life insurance is more affordable due to competition and technology.
    • Marijuana smokers or those with pre-existing conditions can qualify.
    • Know in real-time what you qualify for.
    • What do you qualify for?  Find out!

    Interested in Other Types of Insurance?

    Let's get started! Lock in your health and age to get good life insurance rates and get peace of mind today. 

    Get in touch with our life insurance brokers here at Blue Alpha Wealth and we'll help you understand different options and create a life insurance strategy for you and your family.