Best Life Insurance Canada 2022
Here is the 2023 list of the best life insurance in Canada
Discover the best insurance companies that offer insurance products to protect the financial future of Canadians.
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Emma Life Insurance
With Emma, life insurance is simple! Designed for busy parents. Insure your family in a few minutes and protect the future of those you love the most.
Faster approvals. Smarter coverage and it all starts at $6/month.

SunLife
We are Sun Life Financial. As a leader in Canada's financial services industry, we want our customers to achieve strong financial security.

Blue Cross
Blue Cross operates on a not-for-profit basis, making insurance policies available for Canadians in each province.

Empire Life
Empire Life is a life insurance company founded in 1923 in Toronto. Today, Empire Life is one of the top 10 life insurance companies in Canada.

SSQ Insurance
Discover the insurance products and financial services offered by SSQ Insurance. Request a quote online.

Canada Life
Canada Life provides life insurance products around the world, protecting people in Canada, the United Kingdom, Ireland, Germany and the Isle of Man.

La Capitale Insurance
La Capitale is recognized as being agile, ambitious, friendly and having a personalized approach. La Capitale helps people build, protect and enhance their financial security.

BMO Insurance
Protect your financial security with life, critical illness and travel insurance that provides your family with affordable, tax-free benefits.

ivari
At Ivari, we're committed to helping Canadians understand the value of life insurance as well as the types of insurance available.

RBC Insurance
We offer individual insurance, such as auto, home, life, health, travel, leisure and credit, and retirement solutions.

Canada Protection Plan
Canada Protection Plan is a Canadian owned and operated corporation that designs, markets and provides life insurance and related products with simplified underwriting processes that require no medical exams on many of our plans.

UV Insurance
The fifth oldest life and health insurance company in Canada with 125 years of existence, UV Insurance is a guarantee of security and stability.

Humania
Humania is one of the oldest and strongest individual and group insurance companies in Canada.

Manulife
Manulife provides life insurance and investment solutions to individuals and businesses. Manulife is the largest insurance company in Canada and the second largest in North America.

Desjardins Life Insurance
Desjardins Insurance offers financial services adapted to the needs of individuals and businesses: life insurance, mortgage rates, loans and credit cards.

iA Financial Group
Industrial Alliance Insurance and Financial Services Inc. is a Canadian life and health insurance company based in Quebec.

What is life insurance?
- Life insurance means achieving peace of mind. Concretely, it is a tax-free payment, that is offered to your loved ones as death benefit.
- Having a life insurance policy means offering the promise of financial security to the people who count on you.
How does life insurance work?
- First, you choose the term of your life insurance policy and then how much life insurance that will be paid as policy's death benefit by the life insurance companies.
- Then, you pay a monthly or annual life insurance premium to be insured. At Emma, we make sure we find the best life insurance for your needs at the best price.
- In the event of your death, the beneficiaries, those you have chosen to cover with your life insurance, will receive the death benefit to protect them against this unfortunate event.
Term vs Whole life insurance
Term life insurance is a type of life insurance that lasts for a set period of time. As explained further below, you choose the length of your term insurance coverage based on your financial security needs.
In the event of your death, a fixed tax-free amount is sent to the people you name (your beneficiaries). Unlike permanent life insurance, the amount of a term life insurance policy does not vary. In fact, it remains fixed for the entire term of the policy, regardless of the term chosen in your contract.
Whole life insurance (also known as permanent insurance) is a type of life insurance that covers you for the duration of your policy from the day you buy it and put it in force until the day you die. Most whole life policies also include an investment or cash value component. Part of the premium is invested and generates cash value over time, as you put money into a whole life policy. This cash value may be accessed during the insured's lifetime in one of two ways: withdrawing or borrowing against it.
Emma offers the fastest & cheapest life insurance in Canada. In fact, you can get approved in less than 5 minutes and get your life insurance within 20 minutes!
Interested? Get your free quote right now