The offer at a glance:
- 10% off Wawanesa Life 25 and 30 year term policies
- Coverage of $500,000 or more
- Rate fixed for the full term you choose
- Applications must be submitted before December 31, 2026
Wawanesa Life Insurance: 10% Off Term Life in Calgary
Wawanesa Life is taking 10% off its 25 and 30 year term life insurance for new applicants who choose $500,000 or more in coverage. The offer ends December 31, 2026, and Punjab Insurance Calgary can help you apply for it.
Term life insurance fixes your premium on the day you are approved and keeps it there for the whole term. That means the price you lock in this year is the price you pay for the next 25 or 30 years, with 10% taken off.
If you have a mortgage, young children or a family that depends on your income, this is a good moment to find out what protection would cost.
Who qualifies for the Wawanesa 10% discount?
25 or 30-Year Term Policy
A Wawanesa Life term policy of 25 or 30 years
$500,000+ Coverage
A coverage amount of $500,000 or more
Apply before Dec 31, 2026
An application submitted before December 31, 2026
Underwriting Approval
Approval through Wawanesa's underwriting
Age limits also apply. Longer terms are available only to younger applicants, and a 30 year term generally has the lowest maximum age, so the earlier you apply, the more options you keep. We will confirm Wawanesa’s current limits when we review your situation.
Does it apply to coverage under $500,000?
No. If you need less, we can still quote Wawanesa and other insurers, and we will price what you actually need instead of pushing you toward a larger policy to reach the discount.
Why might my quote not show the discount?
The 10% is applied by Wawanesa after your application is approved, so early quotes can show the standard premium. We will tell you what to expect before you apply.
Frequently Asked Question
Applications must be submitted before December 31, 2026. Underwriting takes time, so applying on the last day is risky.
No. It covers Wawanesa Life 25 and 30 year term policies with $500,000 or more in coverage. Other terms, smaller amounts and other insurers are not included.
No. Wawanesa applies it to the premium on approved applications rather than as a one-time credit, and we will confirm the details before you apply.
That depends on what you are covering. A 30 year term often suits a new mortgage or young children. If your obligations end sooner, a shorter term can cost less overall, and we will say so.
Sometimes. It depends on your age and the coverage amount, and Wawanesa makes the final call. We will explain what to expect before you apply.
Wawanesa term policies are generally renewable and convertible to permanent coverage under the insurer's terms. We will go over the rules and age limits with you.
Yes. We can quote other insurers alongside Wawanesa so you can compare price, term length and features before you decide.
We help clients across Alberta. Contact us to confirm availability for your situation.
What do you get from working with an advisor?
- Plain answers about term lengths, coverage amounts and what the policy will and will not do
- A comparison with other insurers, so you can see whether Wawanesa’s offer is the best fit
- Help with the application and with what to expect from underwriting
Find out what your rate would be
Tell us your age, your family situation and the coverage you have in mind, and we will price Wawanesa’s 25 and 30 year terms for you. Quotes are free, with no obligation, and the offer closes on December 31, 2026.
This offer is provided by The Wawanesa Life Insurance Company and applies only to Wawanesa Life 25 and 30 year term policies with a face amount of $500,000 or more. The discount is applied by Wawanesa after underwriting approval and may not appear on initial quotes. It is not offered by Punjab Insurance Calgary and does not apply to any other insurer’s policies. Premiums vary by age, health, smoking status, coverage amount and term. Wawanesa may change or withdraw the offer at any time. This page is general information and not advice about your own situation, so please speak with a licensed advisor before you decide.
