Here's Why You Need to Switch Your Bank Mortgage Life Insurance to wawanesa term life insurance NOW!

You could save $10,000's over the course of your mortgage! Your bank mortgage life insurance is costing you that much - switch now and save!

See WhyGet a Quote

get a quote

Who are we?

The Term Guy is a licensed life insurance broker who's been providing life insurance services to Canadians, online, since 2006.

Wawanesa Life Insurance is a Canadian life insurance company rated A (Excellent). Wawanesa Mutual was founded in 1896 in Wawanesa, Manitoba and currently operates in Canada and the US.

Insuring your mortgage with term life insurance via a life insurance broker is better than bank mortgage life insurance

Consumer advocates agree: 

"Okay people, things not to buy EVER: Mortgage life insurance"

Gail Vaz-Oxlade


"Creditor insurance, ..., is far less beneficial than a private insurance policy"

Preet Banerjee


"It’s expensive, it doesn’t cover a lot of situations and it pays out a very small amount most of the time."

John Lawford (Public Interest Advocacy Centre) The National


"The bottom line before you sign.... Consider using a licensed insurance broker."

CBC Marketplace


Why our term life insurance policies are better at Covering Your mortgage

Why wait? Start saving thousands of dollars on your mortgage life insurance

Save Money

Save thousands of dollars off your mortgage expenses
Learn more

Better Coverage

We don't make cuts on the most crucial policy features 
Learn more

Fully Online

Easily apply online in 5 minutes and we'll handle the rest!
Learn more

All Canadian

Canadian broker, Canadian insurance company
Learn more

The Term Guy has been featured in

Start Saving Now!

It's fast, it's easy, it's all online and you can save 10's of thousands of dollars over the course of your mortgage. No banking information required to apply. Why not start saving now?

Apply Online

Fully online, secure application sends your application immediately to the life insurance company.

Get Started 

15 min call

A paramedical will call you to collect your medical history. It's not a test!

Learn More 

Get policy by email

Once approved, simply e-sign and we'll send you your policy by email.

Learn More 

Cancel bank policy

....and start saving money!
(never cancel your bank coverage until your new policy is in force).

Learn More 

Learn How to Apply Online

Everything you need to know about how to apply completely online, no banking information needed until you get your policy.