Reliable, affordable life insurance — protecting Canadians when it matters most.
At Citadel Financial Wealth Group (CFWG), we make it easy for Canadians to protect what matters most — their families, homes, and future — with flexible, affordable term life insurance.
Get coverage that fits your budget, your goals, and your life — without the complexity.
Term life insurance is straightforward coverage that protects your loved ones for a set period — usually 10, 20, or 30 years. If you pass away during the term, your beneficiaries receive a tax-free lump sum payment.
It’s ideal for covering temporary needs like:
Paying off a mortgage
Replacing income while raising kids
Paying for post-secondary education
Covering personal or business debt
✅ Affordable now.
✅ Protects them later.
✅ No unnecessary extras.
Affordable Rates: Starting at under $20/month — great for young professionals, families, or homeowners.
Flexible Terms: Choose 10, 20, or 30 years depending on your financial goals.
Tax-Free Payout: Your beneficiaries receive the full benefit amount — no taxes.
Convertible Coverage: Many policies allow conversion to permanent life insurance without medicals.
Top Canadian Insurers: Access quotes from Canada’s most trusted insurance companies.
At Citadel Financial Wealth Group, we’re here to help you make smart, lasting choices about your family’s financial future.
✔️ Personalized Planning – We don’t believe in one-size-fits-all. Every client gets a plan tailored to their unique needs, family structure, and goals.
✔️ Licensed Experts – Our team is made up of experienced, certified Canadian insurance advisors.
✔️ Nationwide Support – Whether you’re in Toronto, Vancouver, Halifax, or anywhere in between, we’ve got you covered.
✔️ Transparent Process – No pressure. No jargon. Just clear, honest advice.
✔️ Access to the Best – We work with Canada’s most trusted insurance providers, so you always get competitive rates and top-tier products.
Call us from 9AM-9PM EST Monday to Friday or email us. Our Canadian-based team is happy to help!
| Coverage Amount | Term | Male | Female |
|---|---|---|---|
| $500,000 | 20-Year | $33/mo | $26/mo |
| $1,000,000 | 20-Year | $55/mo | $44/mo |
📌 Rates may vary based on health, location, and lifestyle.
Term life insurance is ideal for:
✅ Parents & young families — protect children until they’re independent
✅ Homeowners — match your coverage length to your mortgage
✅ Business owners — cover loans, partners, or key personnel
✅ Budget-conscious Canadians — get high coverage for a low premium
Not sure if it’s right for you?
📞 Talk to a licensed advisor for personalized guidance.
| Feature | Term Life Insurance | Permanent Life Insurance |
|---|---|---|
| Duration | 10, 20, 30 years | Lifetime |
| Cost | Lower premiums | Higher premiums |
| Cash Value | ❌ None | ✅ Grows over time |
| Ideal For | Temporary needs | Estate planning or lifelong protection |
| Convertibility | ✅ Yes (in most plans) | N/A |
Yes, most policies are renewable — though premiums may increase with age.
Your coverage ends unless you renew or convert it. No payout is made.
Yes, many policies include a conversion option with no medical exam required.
No — life insurance payouts are 100% tax-free to your beneficiaries.
Match it to your major financial commitments:
10 years: short-term needs
20 years: children/dependents
30 years: mortgage protection or income replacement
Check your price: no commitment, just quotes!
Apply online when you’re ready.
Licensed Canadian advisors are available by phone Monday to Sunday.
Give us a call at: +1 (877) 273-5614
Our advisors care, so there’s no pressure or upselling.
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© 2025, Citadel Financial Wealth Group (CFWG). All rights reserved. Citadel Financial Wealth Group is a licensed insurance brokerage in Canada, proudly serving individuals, families, and businesses across the country.
CFWG offers life, health, and group insurance products through partnerships with many of Canada’s leading insurers. Insurance policies are subject to underwriting approval and may include limitations, exclusions, or waiting periods. Always refer to your official policy documents for complete terms and coverage details. In the event of any conflict, your policy contract will take precedence over information presented on this website or in any CFWG print or digital content.
CFWG is licensed and operates in the following provinces and territories:
Ontario (FSRA #36494M)
Alberta (License #5-11164367-2020 & 6-11164367-2020)
British Columbia (License #2022-0036740-R01)
Saskatchewan (License #09178)
Newfoundland and Labrador (License #23-78-CI090-1)
New Brunswick (License #210031147)
Nova Scotia,(License #2333071070000)
All pricing comparisons displayed on this website are based on current publicly available rates and may vary based on your health, age, coverage amount, and insurer. Timeframes for approval and policy issuance may vary depending on your application and underwriting requirements. In some cases, additional documents or medical examinations may be necessary.
Head Office:
150 King Street West, 2nd Floor, Suite 335
Toronto, Ontario M5H 1J9, Canada
