General FAQs

Whole life insurance is a type of permanent life insurance, which means your coverage stays in place for your entire life (unlike term life insurance, which expires after a certain period, such as 10 or 25 years).

Your monthly North Cover Life Insurance premium will depend on several factors, including your coverage amount, age and whether you’re a smoker. The sure-fire way to know what your premiums will be is to request a quote.

Life insurance is worth getting if you want to help protect the financial future of your loved ones when you’re no longer around. It provides a lump sum payment that your family can use in any way they wish, such as mortgage costs, school fees or any other bills. Depending on your policy, life insurance can also provide a benefit for terminal illness, which can help alleviate financial pressure at an already difficult time.

We love that you’re asking! Start by requesting a quote (or have us give you a call back). We can talk you through the rest.

Life insurance doesn’t have to be expensive. The amount you pay each month will depend on factors such as your age, smoking status, and coverage amount. For many Canadians, life insurance is a cost-effective way to gain some peace of mind that your favourite people will have financial assistance after you go. The best way to know what your payments will be is to request a quote from one of our licensed advisors.

North Cover Life Insurance offers single-life policies that cover you. The policy is non-transferrable. If there’s someone else in your life you cherish and you think they should have life insurance coverage, we’re all for that – and ready to help. Have them call us at 1-855-359-06701-855-359-0670 between 8am and 8pm (ET) Monday to Friday.

Life insurance is helpful at many ages and stages of life. Canadian residents (excluding residents of Quebec) between 18 and 70 can apply for North Cover Life Insurance. Depending on your age, you may be eligible for up to $1.5 million in life insurance coverage.

A life insurance premium is the amount you’ll pay in exchange for the benefit (payout) you or your loved ones will receive after you pass away or are diagnosed with a terminal illness. Life insurance premiums are usually a monthly payment. North Cover Life Insurance premiums will depend on factors such as your age, smoking status, and coverage amount. Our licensed advisors can give you a sense of what your monthly life insurance premiums may be by requesting a quick quote.

Life insurance policies are typically paid out after the insured person passes away and their beneficiary (or beneficiaries) make a claim. They may also be paid out if the insured makes a claim following a terminal illness diagnosis. Find out more about the claims process for North Cover Life Insurance.

North Cover Life Insurance policies last until the person or people insured pass away, or until the terminal illness benefit is paid.

If you start smoking after getting a North Cover Life Insurance policy, your premium amount may increase, or you may no longer be eligible for coverage. The North Cover team can answer any questions about making changes to your policy.

Saving is always a good idea, but a rainy-day fund is only one way of planning ahead. Life insurance is a great option for making sure your partner, family or friends have money available to help cover costs after you pass away.

North Cover Life Insurance offers single-life coverage, which means you can get a policy that covers yourself. If you have another loved one in mind who needs a life insurance policy, they’ll need to start their own application process. Have them contact us to request a quote from one of our licensed advisors – they can provide a quote and more information about their coverage options.

Even if you don’t have a partner or dependents, life insurance is a good way to take care of yourself and the people you love.

It’s a great tool to make sure the people closest to you have the means to help cover some of the costs – yours and theirs – even after you’re gone. Life insurance can help pay for your final bills, medical costs and more. Or the payout can simply be a financial helping hand that your friends and family can put towards what they want most.

North Cover Life Insurance also pays 100% of your benefit upfront if you’re diagnosed with a terminal illness with a life expectancy of 12 months or less¹.

Life insurance coverage gives you or your beneficiaries a financial payout after you pass away or are diagnosed with a terminal illness with a life expectancy of 12 months or less to live. The benefit can be used in any way you wish, such as to help cover costs when you’re no longer here to help, or to go towards your medical bills. At North Cover, we cover any cause of death, including natural death and accidental death¹.

Buying life insurance coverage can give you peace of mind that if the worst happens, your family will have some financial support. North Cover Life Insurance policies can cover you for $100,000 to $1.5 million depending on your age at the time you apply, which your beneficiaries will receive after you pass away. And if you’re diagnosed with a terminal illness with a life expectancy of 12 months or less, you’ll have access to that money once your claim is approved¹.

Life insurance is a good idea for people of all ages (even if you’re young, single and healthy) because it can help protect you or the people you care about most financially if the worst happens. North Cover Life Insurance provides coverage between $100,000 and $1.5 million depending on your age at the time you apply, which can go towards immediate expenses like your funeral costs, but also help your loved ones out with their housing expenses, tuition, paying off personal debts, and more. North Cover Life Insurance can also provide financial assistance if you’re diagnosed with a terminal illness (with a life expectancy of 12 months or less)¹.