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We’ve made applying for Life Insurance easy

TD Term Life Insurance lets you tailor your coverage to meet your unique needs. Applicants could receive instant approval with no medical exam required for up to $1,000,000 if aged 50 and under, up to $500,000 if aged 51 to 54 and up to $250,000 if aged 55 to 60.
If you apply for more coverage, you could still be instantly approved up to the limits above. The additional amount will be reviewed separately for approval and may be subject to additional health questions and/or medical exam. Learn More.

  • You could get instant online approval

    With our simple online application, applicants 60 and under could be instantly approved for coverage with premiums guaranteed not to change for 10 years, 20 years, or for life.

  • Tax-free cash benefit

    Your beneficiaries will receive a lump sum, tax-free benefit if you pass away.

  • A medical exam may not be required

    Applicants do not require a medical exam for the coverage amount that is instantly approved.

TD Term Life Insurance

Find the Term Life Insurance that’s right for you

  •  10-Year Term Life

    A 10-year term is often best suited for people who have shorter-term financial responsibilities. Ultimately, your goal is to help provide your family with financial protection.

    Term-10 could be right for you if:

    • You have a student or car loan.
    • Your mortgage is in its final 10 years.
    • Your kids are moving out soon.
    • Retirement is on the horizon.

     Sample TD 10 Year Term Life policy

    Get a Quote & Apply

  • 20-Year Term Life

    People who choose a 20-year term often do so because they have a good idea what the next 20 years look like, and what sort of debts they’ll have.

    Term-20 could be right for you if:

    • You just got married and are planning your future.
    • Buying a new house in the next couple years is a definite possibility.
    • You recently bought a house.
    • You have younger children or you're growing your family.

     Sample TD 20 Year Term Life policy

    Get a Quote & Apply

  • Term-100

    Quite often, people choose a Term-100 because they want lifetime coverage at a cost that doesn’t change.

    Term-100 could be right for you if:

    • You want lifetime coverage to help protect your family's financial future.
    • You want to lock in your cost.
    • You want to make sure your final expenses are taken care of.

     Sample TD 100 Year Term Life policy

    Get a Quote & Apply

Are you over 60?

No problem! Approximately 70% of applicants over 60 get approved for the coverage they applied for. Start by simply applying online and our team will contact you with next steps.2

Do you need more than your instant approved amount?

  • Good news! Approximately 90% of applicants who get instantly approved but require additional coverage, go on to get the full coverage they need. Start by simply applying online and our team will contact you with next steps.2

2 Based on applications received for TD 10-Year and 20- Year Term Life Insurance between July 2017 - November 2021. Application approval depends on various factors including health and lifestyle characteristics and may be subject to additional health questions and/or medical exams.

Let's connect

TD Term Life Insurance is an individual life insurance plan underwritten by TD Life Insurance Company. . Some restrictions may apply. See Insurance Policy for coverage details, including limitations and exclusions.

1 Open to customers in Canada aged 50 and under, depending on the responses provided to certain health and lifestyle questions on the application. Over 50? You could instantly get up to $500,000 if you're aged 51 to 54, or up to $250,000 if you're aged 55 to 60. Online quotes and applications are not available to residents in Quebec. Please call to apply.

2 Based on applications received for TD 10-Year and 20- Year Term Life Insurance between July 2017 - November 2021. Application approval depends on various factors including health and lifestyle characteristics, and may be subject to additional health questions and/or medical exams.

TD Insurance TD Life Insurance Company P.O. Box 1 TD Centre Toronto, Ontario M5K 1A2