Attention customers of: Intact Insurance, including Prestige; Jevco Insurance and Novex Insurance: if you’re driving less, you could be eligible for premium relief. Visit our Alerts page for more information.

How much life insurance do I need in Canada?

Unfortunately, there is no simple answer to this question. Everyone has different needs and circumstances. However, a general rule of thumb is to make sure your life insurance policy covers at least your debts, income, mortgage and education. To find out exactly how much life insurance coverage you need, we recommended you speak to one of our brokers. They can go through all of your assets and finances with you. Together, you and your broker can determine the best amount of coverage.