Life Insurance Broker Serving Ontario
Ontario is Canada's largest insurance market, and having an independent broker on your side is the smartest way to navigate it. I'm Colin Touchie, an independent life insurance broker licensed in Ontario, serving clients across the province virtually. Because I'm not tied to one company, I compare rates from 15 top Canadian carriers to find you the best coverage at the best price — whether you're in Toronto, Ottawa, or a smaller community.
Ontario housing market & life insurance
Data as of September 2026. Home prices from MLS® board data. Premiums are illustrative estimates for a healthy 35-year-old non-smoker (20-year term), not a quote.
~$789,000
Avg. resale price, Aug 2026
~16 million (province)
Statistics Canada, 2025 est.
Real Ontario mortgage-protection scenario
A typical Ontario family buys a home near the provincial average price with a 20% down payment, leaving a mortgage of about $631,000. If the primary earner passes away, the surviving spouse is left with that full balance plus property taxes, utilities and daycare costs in Ontario.
Typical Mortgage Balance
~$631,000
Approx. 20% down on the average price
Recommended Coverage
$1,000,000
Request a personalized comparison
Personal Term Life (20yr)
$45–$70/mo
Fixed payout, level $1,000,000
Bank Creditor Insurance
$115–$140/mo
Declines with balance
Often underwritten at claim time
The takeaway: For an Ontario homeowner with a large mortgage, personal term insurance typically costs $45–$70/mo for a $1,000,000 level policy — less than bank creditor insurance ($115–$140/mo) — with a payout that stays fixed instead of declining. Many bank creditor insurance products are also underwritten at claim time (not application), decline as the mortgage drops, and name the bank as beneficiary.
Illustrative estimates only. Actual rates depend on age, health, smoking status and insurer. Home prices from MLS® board data as of September 2026.
Why Ontario clients work with A Better Broker
Ontario's high home prices mean larger mortgages and a greater need for robust term coverage — many Ontario families need $750,000–$1,000,000+ in coverage.
Ontario's large incorporated-professional community (doctors, dentists, lawyers) benefits significantly from corporate-owned life insurance and the Capital Dividend Account.
I serve Ontario clients virtually, so whether you're in the GTA, Ottawa, London, or Northern Ontario, you get the same independent comparison of 15 carriers.
I'm licensed in Ontario and serve clients across the province. While I'm based in Atlantic Canada, my virtual process means Ontario clients get the same thorough, no-pressure comparison of 15 carriers — often at better rates than dealing with a single bank or captive agent.
Ontario life insurance FAQs
How much life insurance do I need in Ontario?
With Ontario's high home prices, most families need $750,000–$1,000,000+ in coverage to clear the mortgage and provide income replacement. A 20- or 30-year term policy matched to your mortgage is usually the most cost-effective starting point.
Can Ontario business owners use corporate-owned life insurance?
Yes. Ontario's large community of incorporated professionals and business owners can use corporate-owned life insurance to fund buy-sell agreements, protect key people, and transfer wealth tax-efficiently through the Capital Dividend Account (CDA).
Do you meet Ontario clients in person?
I serve Ontario clients virtually, so you can meet from anywhere in the province. I offer in-person appointments in Nova Scotia (Dartmouth & Bedford) and New Brunswick (Moncton & Saint John), but the virtual process is just as thorough.
Also serving
Get a personalized life insurance comparison
I'll compare 15 Canadian carriers and find you the best coverage at the best price. No pressure, no obligation — just clear advice from a licensed independent broker.