With four different life insurance plans to choose from, you can decide which one best suits your needs, your family and your budget. Helping protect your family means safeguarding the life you lead and the people you love should something happen to you., Below, I cover some of the best life insurance companies in Canada, how to choose one that meets your needs, and the cost of life insurance., Connect with one of our licensed brokers to get your best life insurance quotes from Canada’s top providers like Sun Life, Desjardins, BMO and Empire Life. Discover how affordable life insurance can be. Check out these sample rates from across the Canadian market – last updated in January 2025., Life insurance helps your loved ones deal with the financial impact of your death. It provides them with a one-time, tax-free payment, called a death benefit. They may use the amount to: You may also choose to leave the money to your estate or to a trust. Permanent life insurance gives you lifetime coverage., Life insurance provides whomever you choose with a one-time, tax-free payment when you die, as long as you continue to pay your premiums. There are different types of life insurance, and different ways to make it work for you. It’s not only to protect your family., Some of the best life insurance companies in Canada include Manulife, Canada Life, Desjardins, Empire Life, BMO, RBC, and more. However, depending on your needs, choosing the right one is important. Our advisors have created a list of the best life insurance companies in Canada..