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Term Life

5-year Term Life Insurance
Get a quote for Term Life Insurance
Simply make your choices from the options below to get a quick - quote. If you’re not sure how much Term Life coverage your family may need, please consult our Needs Calculator.

blank Member Spouse
5-year Term Life Insurance
  1. Eligibility Requirements: Costco members and their employees are eligible to apply for Term Life Insurance. Members may apply for coverage for their spouse if members are applying or are already covered. Each person applying must be resident in Canada and under 66 years of age.
  2. Date of Birth: This will be used to calculate age. "Age" for the purpose of the policy is attained age at the beginning of each policy anniversary date.
  3. Smoking Status: Non-smoker rates are available to people who have not used any form of tobacco, tobacco cessation products or marijuana in the past 12 months.
  4. Monthly Premium: The monthly premium quoted on this page may change at the policy anniversary date.
  5. The more you buy, the less you pay: A 10% rate reduction is applied when Term Life coverage equals $200,000 or more per person.
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If you need assistance, call Manulife Financial toll-free today at 1 866 350-6669, Monday through Friday from 8 a.m. to 8 p.m. ET
or e-mail

Coverage underwritten by The Manufacturers Life Insurance Company (Manulife Financial)

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