Life Insurance Premium Rate Chart

Monthly premium rate per $1,000 of initial mortgage balance.

Monthly premium rate per $1,000 of initial mortgage balance
Age Single Coverage Joint Coverage
18-30 $.09 $.13
31-36 $.13 $.18
37-41 $.20 $.29
42-45 $.29 $.41
46-50 $.40 $.57
51-55 $.52 $.73
56-60 $.70 $.98
61-65 $.95 $1.33
66-69(1) $1.63 $2.28

Provincial sales tax will be added to your premium where applicable.
1. Age Band Rates 66-69 apply to refinancing clients only — new clients are not eligible.