Why Canadian Tire Costs More…for life insurance.

When you buy life insurance through Canadian Tire you lose in many ways.

One: you pay too much!  As an example, a 50 year old male non-smoker, with $250,000 coverage pays $92/month…and this goes up every 5 years!!

With other companies like Equitable you can get more coverage – e.g. $300,000 level premium for 10 years which costs about about $52/month!

How about this:  30 year old male, non-smoker, $250,000 coverage – with Canadian Tire $42.63/month

Other companies:  30 year old male, non-smoker, $300,000 coverage  – with Empire, Transamerica,  or Canada Life (direct through me) costs between $20 to $21/month for ten years!

Two: You buy through a middle man!

Three: You can not convert the term into permanent!

Four: They cut you off!  At age 71 they reduce your coverage by 20% a year and by age 75 it’s gone!  Thanks for your money!

Five: You can’t use their Canadian Tire money for the policy! (sorry, I just had to say it).

There are plenty of better options – contact me for a policy that’s a much better fit!