Insurance Rates in Quebec in 2026: The Rate Barometer
Real monthly premiums from 20 insurers, surveyed on October 30, 2026, for term, permanent and universal life insurance, no-medical-exam life insurance, mortgage insurance, critical illness insurance and disability insurance. By age and by amount, no sign-up required, updated every month.
Starting rates at age 35
The lowest monthly premium in our survey for a 35-year-old non-smoker. Click a product for the full table by age and by amount.
| Product | Woman | Man |
|---|---|---|
| 20-year term life insurance $250,000 of coverage, age 35 | $14.40 | $18.68 |
| 10-year term life insurance $250,000 of coverage, age 35 | $10.35 | $13.50 |
| Permanent life insurance $100,000 of coverage, age 35 | $59.92 | $70.69 |
| Universal life insurance $250,000 of coverage, age 35 | $133.21 | $146.52 |
| 20-year term, no medical exam $250,000 of coverage, age 35 | $15.53 | $19.80 |
| Mortgage insurance (25-year term) $300,000 of coverage, age 35 | $22.95 | $30.24 |
| 20-year critical illness insurance $50,000 of coverage, age 35 | $21.60 | $20.48 |
| Disability insurance, benefits to age 65 $2,500 per month, class 3A, 90 days, age 35 | $59.00 | $50.00 |
Non-smoker, standard class (simplified issue for the no-exam row), Quebec resident. Hover over a rate to see the insurer.
Rates by age
Every product at a given age, for a woman and for a man: the page to open when you want to know what life insurance costs at your age.
How we survey the rates
Insurers file their rate tables in WinQuote, the quoting tool brokers use to compare. Our script queries that tool for every combination of product, sex, age and amount, and keeps the lowest monthly premium, along with the insurer’s name and the number of insurers that responded, generally five to ten depending on the product. The survey is redone at least once a month; the date appears under each table. For disability insurance, which is not in WinQuote, the premiums come from iA Excellence’s illustration tool, with the assumptions stated plainly: occupation class, waiting period, benefit period.
Three choices deserve to be named. Non-smoker: a smoker often pays double; we say so in the guides rather than doubling the tables. Standard class: standard health, with no “preferred” discount and no extra premium; the no-exam products are surveyed under simplified issue, and guaranteed issue separately. The lowest rate: it is the floor of the market, not an average, because that is the question people ask.
What these figures are not: an offer. Your premium depends on your file, and the cheapest is not always the best fit. It is the job of the advisor who calls you back, certified by the Autorité des marchés financiers, to tell you when paying a few dollars more makes a difference.
Insurers included in the survey of October 30, 2026: Assumption Life, BMO Insurance, Beneva, Canada Protection Plan (Foresters), Canada Life, Co-operators, Desjardins Insurance, Empire Life, Equitable, Foresters, Humania Assurance, Manulife, Orange Benefit Fund, RBC Insurance, Scotia Insurance (Empire Life), Sun Life, Teachers Life, UV Insurance, iA Financial Group, ivari.
Questions about the rate barometer
From the rate tables that insurers file in WinQuote, the quoting tool used by brokers, which our script queries for every combination of product, sex, age and amount. For disability insurance, the premiums come from one insurer’s illustration tool (iA Excellence). We keep the lowest premium and record the number of insurers that responded.
The tables assume a non-smoker in good health (standard class), or simplified issue for the no-medical-exam products. Your health, your habits, your occupation and the insurer ultimately chosen all move the premium, up or down. The tables give you the order of magnitude; the quote gives you your rate.
The survey is redone at least once a month, and the date of the latest survey appears under each table. Insurers change their rates a few times a year; a gap of a few percent between two surveys is normal.
Yes: hover over a cell to see the insurer and the product offering that rate, and each insurer page shows where it is the cheapest in our survey. The cheapest is not always the best choice: the definition of disability, the conversion options or the insurer’s financial strength matter too, and it is the advisor’s job to tell you so.
Your actual rate, in 2 minutes
The tables give the floor of the market. The form gives your rate, for your profile, from an advisor certified by the AMF.
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