--- title: "Life insurance: More affordable and simpler than you think" description: Life insurance is more affordable and simpler than you think. Find out how your family can benefit. --- [![Empire Life logo](https://blog.empirelife.ca/hs-fs/hub/322854/file-368300927.jpg?width=189&name=file-368300927.jpg "Empire Life logo")](https://blog.fastandfull.ca) # INSURING WITH CARE™ BLOG [Français](https://blog.fastandfull.ca/fr) ## [Life insurance: More affordable and simpler than you think](https://blog.empirelife.ca/old/life-insurance-more-affordable-and-simpler-than-you-think) Posted by [Allison Barton](https://blog.empirelife.ca/old/author/allison-barton) Jul 16, 2015 1:38:00 PM It’s surprising that many people know that their families would benefit from having life insurance, but yet many people still don’t have it. Obviously, barriers exist for people – perhaps competing priorities, not knowing enough about what to purchase and where to start with the process, and thinking that it’s not affordable. ### **Term life insurance is more affordable than you think ** Term life insurance is designed to provide you with life insurance coverage for a specific length of time with the amount you pay during the initial term typically being lower than for other types of life insurance products, and the longer the term you purchase, the less the initial cost can be per year. The best thing about term life insurance is that it offers individuals with differing financial circumstances and income levels the ability to obtain affordable life insurance coverage when they need it most – when they have many financial responsibilities, young families and debt.  ### **Take action** Do you fall in any of the stats below? Do you know that you should have life insurance but you don’t have it? Do you think it is too expensive? Are you confused about how much to purchase and what product is best for you?  Luck favours the prepared – right? Take some time to find out what your life insurance needs are. Online tools exist to help you understand [how much life insurance you need](https://www.empirelife.ca/needs-analysis) as well as[online quoting tools](https://www.empirelife.ca/needs-analysis) to provide you with an idea of how much life insurance can cost. Start with what you can afford and add-on later if needed.   [Try it](https://www.empirelife.ca/) and see just how affordable and simple the process of purchasing life insurance can be. ![AffordabilityInfographic-EN-F](https://blog.empirelife.ca/hubfs/Blog_images/Life_insurance_-_more_affordable_and_simpler_than_you_think/AffordabilityInfographic-EN-F.png) Topics: [Helpful Tips](https://blog.empirelife.ca/old/topic/helpful-tips) [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.empirelife.ca%2Fold%2Flife-insurance-more-affordable-and-simpler-than-you-think%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.empirelife.ca%2Fold%2Flife-insurance-more-affordable-and-simpler-than-you-think%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.empirelife.ca%2Fold%2Flife-insurance-more-affordable-and-simpler-than-you-think%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.empirelife.ca%2Fold%2Flife-insurance-more-affordable-and-simpler-than-you-think%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Life%20insurance%3A%20More%20affordable%20and%20simpler%20than%20you%20think) [![Share on Email](https://static.hubspot.com/final/img/common/icons/social/email-24x24.png)](mailto:?subject=Check%20out%20https%3A%2F%2Fblog.empirelife.ca%2Fold%2Flife-insurance-more-affordable-and-simpler-than-you-think%3Futm_medium%3Dsocial%26utm_source%3Demail%20&body=Check%20out%20https%3A%2F%2Fblog.empirelife.ca%2Fold%2Flife-insurance-more-affordable-and-simpler-than-you-think%3Futm_medium%3Dsocial%26utm_source%3Demail) [![Get a quote and apply for life insurance - Buy Now](https://no-cache.hubspot.com/cta/default/322854/08a3be98-3ef1-4780-a8a3-ce8a1993cecd.png)](https://cta-redirect.hubspot.com/cta/redirect/322854/08a3be98-3ef1-4780-a8a3-ce8a1993cecd) ### Subscribe to Email Updates ### Most Popular Blog Posts ### Blog Categories - [Helpful Tips (41)](https://blog.empirelife.ca/old/topic/helpful-tips) - [Customer Service (9)](https://blog.empirelife.ca/old/topic/customer-service) ### Archives - [June 2017 (1)](https://blog.empirelife.ca/old/archive/2017/06) - [May 2017 (1)](https://blog.empirelife.ca/old/archive/2017/05) - [March 2017 (2)](https://blog.empirelife.ca/old/archive/2017/03) - [February 2017 (1)](https://blog.empirelife.ca/old/archive/2017/02) - [April 2016 (1)](https://blog.empirelife.ca/old/archive/2016/04) - [February 2016 (1)](https://blog.empirelife.ca/old/archive/2016/02) - [December 2015 (1)](https://blog.empirelife.ca/old/archive/2015/12) - [October 2015 (2)](https://blog.empirelife.ca/old/archive/2015/10) - [September 2015 (1)](https://blog.empirelife.ca/old/archive/2015/09) - [August 2015 (1)](https://blog.empirelife.ca/old/archive/2015/08) - [July 2015 (1)](https://blog.empirelife.ca/old/archive/2015/07) - [June 2015 (2)](https://blog.empirelife.ca/old/archive/2015/06) - [May 2015 (1)](https://blog.empirelife.ca/old/archive/2015/05) - [April 2015 (1)](https://blog.empirelife.ca/old/archive/2015/04) - [March 2015 (2)](https://blog.empirelife.ca/old/archive/2015/03) - [February 2015 (1)](https://blog.empirelife.ca/old/archive/2015/02) - [December 2014 (2)](https://blog.empirelife.ca/old/archive/2014/12) - [November 2014 (1)](https://blog.empirelife.ca/old/archive/2014/11) - [October 2014 (1)](https://blog.empirelife.ca/old/archive/2014/10) - [September 2014 (3)](https://blog.empirelife.ca/old/archive/2014/09) - [August 2014 (3)](https://blog.empirelife.ca/old/archive/2014/08) - [July 2014 (2)](https://blog.empirelife.ca/old/archive/2014/07) - [June 2014 (2)](https://blog.empirelife.ca/old/archive/2014/06) - [May 2014 (3)](https://blog.empirelife.ca/old/archive/2014/05) - [April 2014 (4)](https://blog.empirelife.ca/old/archive/2014/04) - [March 2014 (3)](https://blog.empirelife.ca/old/archive/2014/03) - [February 2014 (6)](https://blog.empirelife.ca/old/archive/2014/02) - [January 2014 (6)](https://blog.empirelife.ca/old/archive/2014/01) See all ### Get In Touch ## Contact Us **The Empire Life Insurance Company** 259 King St. E., Kingston, Ontario, K7L 3A8 Monday to Friday 9:00 a.m. to 5:00 p.m. EST **Email:** [insuringwithcare@empire.ca](mailto:insuringwithcare@empire.ca) **Telephone:** 1 866 894-6182 [www.empire.ca](http://www.empire.ca) [Blog Disclaimer](https://info.fastandfull.ca/fast-and-full-blog-disclaimer)