--- title: Empire Life Blog Life insurance is more affordable than you think description: Did you know, for the cost of a daily cup of coffee, you can cover the average Canadian mortgage on a new home? image: https://blog.empirelife.ca/hubfs/Powtoons/Life%20insurance%20is%20more%20affordable%20than%20you%20think_Screenshot.png --- × #### Subscribe ### Subscribe to Email Updates Signing up for our Blog offers you the opportunity to subscribe and receive email notifications for Investment or Insurance type content only from The Empire Life Insurance Company and Empire Life Investments Inc. You may cancel your subscription to the newsletter at any time by clicking on [unsubscribe](http://www.fastandfull.ca/hs/manage-preferences/unsubscribe-simple) or, by contacting The Empire Life Insurance Company or, Empire Life Investments Inc. **The Empire Life Insurance Company** 259 King Street East, Kingston, Ontario K7L 3A8, Canada Toll Free: 1 800 561-1268 Email: insurance@empire.ca or investment@empire.ca **Empire Life Investments Inc.** c/o 259 King Street East, Kingston, Ontario K7L 3A8, Canada Toll-free telephone: 1 855 823-6883 Email: mutualfund@empire.ca Close [Facebook](https://www.facebook.com/Empire-Life-Insurance-142465432433812/) [Linkedin](https://www.linkedin.com/company/empire-life-investments) [Twitter](https://twitter.com/empirelifeins) Subscribe [EN](https://www.empire.ca/blog) | [FR](https://empire.ca/fr/blogue) [![Empire Life | Empire Life Investments](https://blog.empirelife.ca/hubfs/Logo/Combined%20Blog%20Images/combined-logo.png)](https://www.empire.ca/blog) # Insurance, Investments and Group Benefits ## Navigate life with confidenceTM - Insurance - [Insurance](https://www.empire.ca/blog/topic/insurance) - [Helpful Tips](https://www.empire.ca/blog/topic/helpful-tips) - [Customer Service](https://www.empire.ca/blog/topic/customer-service) - Investments - [Investments](https://www.empire.ca/blog/topic/investments) - [Investment Views](https://www.empire.ca/blog/topic/investment-views) - [Off the Cuff](https://www.empire.ca/blog/topic/off-the-cuff) - [Group Benefits(1)](https://www.empire.ca/blog/topic/group-benefits) - [Personal Finance (1)](https://www.empire.ca/blog/topic/personal-finance) ## [Life insurance is more affordable than you think](https://blog.empirelife.ca/blog/life-insurance-is-more-affordable-than-you-think) [Helpful Tips](https://blog.empirelife.ca/blog/topic/helpful-tips), [Insurance](https://blog.empirelife.ca/blog/topic/insurance) Posted by [Empire Life](https://blog.empirelife.ca/blog/author/empire-life) Dec 10, 2017 11:16:37 PM       The majority of Canadians who do not have life insurance say they can’t afford it. But did you know, for the cost of a daily cup of coffee, you can cover the average Canadian mortgage on a new home? **Average Canadian mortgage $276,5001 ** Most people start each morning month by month purchasing one cup of coffee. That’s $51 per month. **$51 per month for coffee2 vs. $27.77 per month for life insurance3** Surprised? Life insurance can cost only a fraction of your daily cup of coffee. It is quick and easy to purchase and we have life insurance advisors on hand to help you if you have any questions! Visit empirelife.ca to learn more.   1 Canadian Mortgage & Housing Corporation, Feb 2015. 2 Based on a Starbucks cup of coffee at $2.45, purchased 21 days per month. 3 Initial monthly cost for a healthy, 40 year old female, non-smoker purchasing $275,000 of Empire Life Simplified 20 life insurance as of December, 2016. Price increase every 20 years. ![Get a quote and apply for life insurance](https://blog.empirelife.ca/hubfs/Logo/Combined%20Blog%20Images/GetAQuote-BlogButton-couple-EN.jpg) [BUY NOW](https://www.empire.ca/insurance/buy-life-insurance) ![Retirement Savings Tool](https://blog.empirelife.ca/hubfs/Blog_images/RST-Blog-EN.jpg) [Get Started](https://www.empire.ca/retirement-and-savings-tool) ### POPULAR POSTS ### CATEGORIES - [Insurance](https://www.empire.ca/blog/topic/insurance) - [Investments](https://www.empire.ca/blog/topic/investments) - [Group Benefits](https://www.empire.ca/blog/topic/group-benefits) - [Personal Finance](https://www.empire.ca/blog/topic/personal-finance) [Disclaimer](https://info.fastandfull.ca/disclaimer) [Legal](https://info.fastandfull.ca/legal) [Privacy Policy](https://info.fastandfull.ca/privacy-policy) [Accessibility](https://info.fastandfull.ca/accessibility) [Consumer Information](https://info.fastandfull.ca/consumer-information) [Contact Us](https://info.fastandfull.ca/contact) [Third-Party Tools and Sites](https://info.fastandfull.ca/third-party) [Confidentiality](https://info.fastandfull.ca/confidentiality) [Unsubscribe](https://info.fastandfull.ca/hs/manage-preferences/unsubscribe-simple) **CONTACT US** The Empire Life Insurance Company 259 King St. E. Kingston, Ontario, K7L 3A8 1 877 548-1881 8:30 am to 5:00 pm, EST weekdays ®/TM Trademarks of The Empire Life Insurance Company.