Hi,
Can someone provide me with approx premiums for life insurance coverage of 1million $ for someone 31yrs, non-smoker male, good physical health? Thanks a bunch!
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I think you are talking about term life insurance.
I am paying $51 for the insurance of 700,000 per month. I have 10 year term. non-smoking 38. Oh this insurance is for me and my wife each for 350,000.
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A Proud Indian Canadian
There should be sites giving you online quotes!
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A Proud Indian Canadian
Location: Toronto (Well Markham but
Posted on: 06-10-03 22:08:38
For a fully convertible and renewable term prices start around $50.00 ? Million at that age.
If you would like more details drop me a note at my email address and we can look at your situation in more detail.
Location: Toronto (Well Markham but
Posted on: 06-10-03 22:09:25
Sorry that should read $50.00 / Million
I am amazed at the premium you mentioned. Living in Dubai I tried to get Life Insurance from ALICO they quoted me U.S.D.2800 p.year for 15 years for the policy of U.S.$100,000 for myself .Offcourse you get some money back after 10,15,20 years as per their table. Insurance is not widely acceptable here and few Indians go for it.
Can I take a canadian policy before coming there or immidiately after coming, I will be coming there in July 03. Do I have to have a job before taking a policy.
You could purchase Term Life or Universal Life immediately upon arrival in Canada. You don't need a job to purchase an insurance.
