✦ Proudly protecting Canadians ✦

Compare Term Life At True Cost

Fully online. Fully transparent. Built for the next generation of Canadians.

2
min
Average quote time
$
0
No hidden fees
15+
Top carriers

Real People, Real Protection

Discover inspiring stories and expert insights from our community

Simple • Fast • Transparent

How It Works?

01

Let's Get Started

A few quick questions to find your perfect match.

02

Pick Your Perfect Fit

Crystal-clear pricing, side-by-side comparison.

03

Apply & Await

Submit your application and await approval.

04

You're Protected

Policy approved — your coverage is now active.

Why CostPlus?

Insurance, Reimagined

No Sales Pressure

100% advisor-free quote-to-application flow.

True Price Integrity

Same price across Canada, no hidden markups, no games.

Convertibility Without Complexity

Easy path to permanent insurance later.

Time-Efficient

A clean, frictionless experience that respects busy lifestyles.

Purpose-Driven

Mission built around accessibility, fairness, and financial empowerment.

Ready to Get Started?

Join thousands of Canadians who've found their perfect coverage in minutes, not hours.

Frequently Asked Questions

A good rule of thumb is 10-12 times your annual income. However, your specific needs depend on your debts, dependents, and financial goals. Our quote tool can help you determine the right coverage amount for your situation.
The term length determines how long your coverage lasts and your premiums remain fixed. Choose based on your coverage needs - for example, a 20-year term might align with your mortgage, while a 30-year term could cover you until retirement.
Most term life insurance policies require a medical exam, but some policies offer simplified underwriting for smaller coverage amounts. The exam is typically quick, free, and can be done at your home or workplace.
Yes! Most term policies include a conversion option, allowing you to convert to permanent life insurance without a new medical exam, typically within the first 10-20 years of your policy.
After completing your application and medical exam, most policies are approved within 2-6 weeks. Some simplified policies can be approved in just a few days.

Still have questions?

Our Trusted Insurance Partners

We work with Canada's leading insurance providers to bring you the best term life insurance options

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Canada Life logo
Industrial Alliance logo
RBC Insurance logo
Empire Life logo
Desjardins logo
Equitable logo
BMO Insurance logo
Beneva logo
Manulife logo
Canada Life logo
Industrial Alliance logo
RBC Insurance logo
Empire Life logo
Desjardins logo
Equitable logo
BMO Insurance logo
Beneva logo