CAA Term Life

CAA Term Life

Get CAA Term Life Insurance on your own terms

Protect your loved ones with CAA Term Life Insurance that covers you through every stage of life!

CAA Member Benefits    


  • Exclusive member pricing: Save 10% off your rates! 
  • Couples save an additional 10% off the first year.
  • $10,000 in complimentary Child Coverage for each of your children.

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What is Term Life Insurance?

Term Life Insurance is Canada's most cost-effective and flexible form of life insurance. It provides coverage for a set period, typically 10 to 30 years. Term Life Insurance allows financial protection for your family for a period known as the “term,” when you might have increased financial responsibilities.  

Term Life Insurance helps ease your mind, knowing your loved ones are financially protected. The beneficiary will be eligible to receive a tax-free lump sum death benefit if the policyholder passes away during the term.

Get Term Life Insurance on your own terms.

Get a free, no-obligation quote.

Personalize your quote by filling out a few details like coverage amount and length of term. A quote takes 60 seconds online.

Complete your application in 20 minutes or less.

Answer a few questions about your lifestyle and health. You’ll be able to see if you’re approved or if more information is needed.

Activate your coverage when you’re ready.

Take your time to review the policy before eSigning to start your coverage, protecting your family's finances right away.

When should you get Term Life Insurance?

Figuring out the best time to get Term Life Insurance is never easy. The one thing to remember is getting Term Life Insurance is essential when you have loved ones who depend on you. Whether it is a partner, children or aging parents, having the peace of mind they are taken care of is critical.

Applicants for Term Life Insurance in Saskatchewan include:

  • Parents
  • Sole provider for family
  • Stay-at-home parents
  • Married or common-law couples
  • Caretakers
  • Business owners
  • Homeowners
  • Individuals with debt
  • Near-retirees

Why choose CAA Term Life Insurance?

Here’s how CAA Term Life Insurance, provided by Securian Canada, helps you take on life with confidence:

  • Choose between $100K to $5M in term life insurance coverage.
  • Select a coverage length between 10 to 30 years.
  • CAA members save 10% on insurance rates.
  • Couples save an additional 10% the first year.
  • $10,000 in complimentary Child Coverage for each of your children.


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  • Free cancellation anytime, with no fees or penalties.
  • 30-day grace period for missed payments.
  • 100% of any tax-free payout is given to your beneficiaries.
  • Rates are locked in for the full term.
  • Apply for Term Life Insurance and Critical Illness Insurance in one application.

What are the benefits of CAA Term Life Insurance? 

Eligible until 75

Be eligible for life insurance coverage until the age of 75.

Personalized assessment to match your need and budget

Get a personalized recommendation from a licensed advisor OR use a comprehensive online calculator.

Customizable coverage

Choose from a range of comprehensive term lengths (T10-T30) and coverage amounts ($100K to $5M).

The modern way

Securian Canada's streamlined approach uses data and technology to replace time-consuming in-person interviews and intrusive medical tests. See if you are instantly approved for coverage by completing 26 main application questions.

Couples and Family Coverage

Couples coverage: Apply for you and your partner in one go, and save 10% off your first year.
Child coverage: Protection for you and your children - all policies include $10,000 of free coverage for each of your children.

Expert advisor support

Trusted advisors are available to assist you throughout the process (7:30 AM – 7 PM  CST, Mon to Fri).

Find coverage that’s right for you.

Get estimated rates for different coverage amounts and lengths. No commitment is required. Apply when you’re ready.

A team of non-commissioned licensed advisors are here to help. Call anytime at +1 (866) 714-9007 Monday to Friday between 7:30 AM – 7 PM CST or schedule a call.

FAQ: Term Life Insurance in Canada

Commonly asked questions about Term Life Insurance.
Still have questions? Get personalized advice from a licensed advisor at +1 (866) 714-9007 Monday to Friday between 7:30 AM – 7 PM CST 

Can I get life insurance if I have a pre-existing health condition?

We always encourage you to apply. Depending on the severity of the condition, we expect a majority of applicants with pre-existing conditions will be approved. To fully understand your condition, an insurance advisor may ask additional questions.

What is Child coverage?

Child coverage is a complimentary feature that is added to every policy at no extra cost. This means that if a CAA policyholder's child passes away, the parent(s) could receive $10,000 in a tax-free, lump-sum payment to assist with any associated financial burdens (e.g., time off work, funeral expenses, etc.). Think of it as a mini-life insurance policy for the child where the parents are the beneficiary.

What if I am expecting or you already have young kids?

As a recent new or expecting parent, life insurance can protect your growing family’s financial future. Term Life Insurance gives you peace of mind, knowing that your loved ones can be provided with the necessary financial resources if the unexpected happens. 

If you pass away while your policy is active, life insurance can offer a tax-free lump sum payment to your beneficiaries. This can be used to replace your income and cover other life expenses, such as household bills, childcare, and tuition costs. 

What is Couples coverage?

Couples Coverage gives partners the opportunity to apply online together to save 10% off the first year of their Term Life Insurance policies.

What if I rely on my partner's income, or we rely on each other’s incomes?

Partners and spouses who are dependent on each other’s incomes can face financial challenges when one partner or spouse passes away. Life Insurance can help bridge this income gap by providing financial security that helps the surviving partner or spouse maintain their lifestyle, including paying for living expenses and paying off debts.

How much does life insurance cost?

The cost of your monthly premium is determined by a variety of factors, including your age, gender, smoking status and medical history.

You’re planning to retire or retiring soon but don’t have enough savings?

If you’re a retiree or soon-to-be-retired, life insurance serves as a financial safety net for your partner, children, or anyone else who depends on you financially.

When you pass away, a Term Life Insurance payout can be used to cover expenses, such as funeral costs, or help pay off debts. It can also help cover living expenses or provide funds that your beneficiaries can use any way they choose.


Securian Canada is the brand name used by Canadian Premier Life Insurance Company and Canadian Premier General Insurance Company to do business in Canada. Policies are underwritten by Canadian Premier Life Insurance Company.