Canada’s lowest insurance premiums with highest benefits.

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We compare quotes from leading canadian insurers to find you the best prices and benefits for life and mortgage insurance.

A life insurance policy helps protect your family if you die. Inheritances, financial obligations (debt, mortgage), living expenses, or funeral expenses can be covered with the tax-free amount paid to your beneficiaries. A life insurance policy guarantees the payment of a specified amount when the insured dies. We offer a variety of life insurance products tailored to your needs and budget.

What type of insurance to choose?

Term Life Insurance

Term Life Insurance

Whole Life Insurance

Whole Life Insurance

Universal Life Insurance

Universal Life Insurance

For over 25 years, we've helped Canadians reach their financial objectives.

WHAT WE DO

WHAT WE DO

Finance Focused

Finance Focused. For over 25 years our team at Montreal Life has been dedicated to realizing the financial goals of business owners and families.

Our comprehensive fiscal knowledge and tools are coordinated exactly to each client’s needs and objectives.

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Life Insurance

LIFE INSURANCE FAQ

Answers to your questions

For decades Montreal Life Financial Group has provided Canadians with cost effective strategies for financial security and future planning. 

Montreal Life Financial Group is a brokerage with all the top insurance companies in Canada. Companies include RBC Insurance, Canada Life, Industrial Alliance, Manulife, Sun Life Financial, Empire Life, Ivari and many more. This means we have access to all the products across different carries to get you the best insurance for your needs at the best prices.

  1. Initially, you select the duration of your insurance policy along with the desired payout in case you pass away.
  2. Subsequently, you pay a monthly or yearly premium to maintain your coverage. Here at MTL Life, we’re committed to securing the most suitable life insurance for your specific requirements, ensuring competitive pricing.
  3. Should the unforeseen occur, your designated beneficiaries will receive the agreed-upon sum, providing financial protection during this challenging time.

Life insurance is really important for taking care of your family’s finances. It means that when you die, they’ll get a sum of money tax-free. You can also use life insurance to pay off things like a mortgage, car loan, or personal loan.

At Montreal Life Financial Group, we’ve got an easy online way for you to sort out your life insurance, and it won’t cost you extra. Whether you get your insurance through us, another broker, or straight from the insurance company, the price is the same.

Here’s what sets us apart: we compare prices fast to find you the best insurance, all without you needing to leave your home. Plus, we don’t work on commission. That means we’re not trying to sell you a policy that’s too expensive and doesn’t fit your needs.

Now, there’s also something called permanent life insurance. It doesn’t expire, and you can adjust how much coverage you have over time. This type of insurance is better for folks with more complex financial situations or those who need to plan for their estate.

Here’s how you can get MTL Life’s insurance in three simple steps:

  1. Check if you’re eligible: Answer a few health questions to see if you qualify for Montreal Life Financial Group of insurance.

  2. Figure out how much you need: Use our smart calculator to determine the right amount of coverage to safeguard your family.

  3. Get your price: Choose your coverage and talk to one of our experts at Montreal Life Financial Group to finalize your life insurance plan.

Montreal Life Financial Group insurance is known for offering some of the best prices, especially for young parents.

There are two main types of life insurance: term life insurance and whole life insurance. Term life insurance provides coverage for a specific period, while whole life insurance lasts as long as you keep paying the premiums.

Term life insurance is simpler and more affordable. You pay a monthly or yearly premium, and if you pass away during the term, a predetermined amount is paid to your beneficiaries. However, once the term ends, the coverage expires. Many people opt for term life insurance because it’s cheaper and easier to understand.

On the other hand, whole life insurance doesn’t have an expiration date, and the coverage can be adjusted over time. This type of insurance is better suited for individuals with more complex financial situations or those who need to plan their estate.

It’s important to note that there are various types of both term and whole life insurance policies available to meet different needs.

Montreal Life Financial Group offers a comprehensive range of personal insurance, including disability and life insurance. Additionally, we provide thorough financial needs analysis and planning services, tailored to meet the needs of families and business owners alike. Our investment solutions, such as RRSPs and TFSAs, are designed to help you achieve your financial goals effectively. With Montreal Life Financial Group, you can secure your future with confidence and peace of mind.

It’s important to pick an insurance company that you trust and that fits your needs. While many people might go for the cheapest option, it’s crucial that your insurer matches what you require based on your situation.

Montreal Life Financial Group is connected with all the major insurance companies in Canada. So, you can feel assured when selecting the best life insurance available in Canada.

To assist you in making your decision, we’ve compiled a list of insurance companies. Among them are well-known names like Sun Life, Manulife, Empire Life, Canada Life, Humania, iA Financial Group, iA Excellence, Canada Protection Plan, Desjardins, and others.

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Travel Insurance

A travel insurance policy protects you from financial loss due to medical expenses (emergency medical care, trip cancellation, medical evacuation, etc.) during a trip. Enjoy your trip with peace of mind when you have travel insurance!

CONTACT US FOR ASSISTANCE: (514) 416 3478

info@mtllife.ca

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