Simplified Term Life Insurance

Simplified Term Life Insurance

From application to policy delivery in 60 minutes or less*

electronic application login

Quick premium calculator


Simplified Term Life Insurance

Help make life easier for your clients in good health who want temporary coverage for 10 or 20 years. Simplified Term Life Insurance means fewer questions, no medical exam and your client is insured in 60 minutes or less.



  • Insurance amount of up to $500,000
  • Terms of 10 or 20 years
  • Fixed premiums
  • Renewable and convertible
  • Extreme disability benefit included

Target clientele

  • In good health
  • Aged between 18 and 70
  • Looking for simple temporary coverage without additional benefits
  • Preferring a remote purchasing method with no medical exam
  • Wanting to be insured right away



Simplified Term Life 10

Simplified Term Life 20

Target market

Healthy, digital savvy Canadians, who are 18 to 70 years old.

Issue ages

18 to 70

18 to 60



Insurance amounts

$25,000 to $500,000 (18 to 50)

$25,000 to $249,999 (51 to 60)

$25,000 to $99,999 (61 to 70)

$25,000 to $500,000 (18 to 50)

$25,000 to $249,999 (51 to 60)

Type of insurance amount


Rate bands

$25,000 – $99,999

$100,000 – $249,999

$250,000 – $500,000

Extreme disability benefit

Before the age of 60, 50% of the initial insurance amount may be payable in advance, up to a maximum of $250,000. The benefit is paid when the insured is in a state of extreme disability for a continued period of 6 months.


Every 5 years, after the initial term, up to age 80, without new evidence of insurability.


Only into simplified permanent life insurance before age 71 without evidence of insurability.

Guaranteed cash value


Reduced paid-up protection


Waiting period


Policy fees

$50 (included in the premium calculation)

Advantages of simplified issue life insurance

Everything is faster


From application to policy delivery in 60 minutes or less*


No medical exam


Shorter delivery time = everyone is rewarded

100% electronic process


Secure non face-to-face platform


Electronic signature


Policy delivered electronically

Compare our simplified issue life insurance options

Find out more about Simplified Whole Life Insurance and Guaranteed Issue Whole Life Insurance.

Compare our options

A client with more time on their hands is a happy client. We look forward to helping you get there.

Try our products today.

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Learn more about the electronic application

Note: Policies can be delivered within the hour on weekdays between 5:30 a.m. and 11:30 p.m. and on weekends between 4:30 a.m. and midnight on Saturday, and between 7:00 a.m. and midnight on Sunday (Eastern time).

*For additional insurance applications submitted by an existing SSQ Insurance client, the policy delivery times may be longer.

The information on this page is provided for information purposes only. It is not intended to describe all the provisions, exclusions and limitations applicable to any particular benefit or insurance policy. For a complete description of the provisions, exclusions and limitations, please refer to the insurance contract.

Contact your representative