Simple. Effortless. Yours.
Personalized coverage that’s there when you need it most
Buy without medical questions
Introducing a new, limited-time offer for eligible employees: up to $100,000 in life coverage. No medical questions asked.
Activate up to $250,000 in coverage
Life insurance is for your loved ones, to help them out with things like funeral costs, lost income, living expenses and debts.
Stay protected until your 70th birthday
Your policy, your coverage, your peace of mind – they’re yours to keep whether or not you stay at .
Policies you can understand. Coverage you can afford.
If you're an actively at work member of the group benefit plan, under 65 years old, and are a resident of Canada you are eligible for Parachute Insurance.
The new generation of insurance products.
Instant activation. Digital in every way. Parachute Insurance delivers simple and carefully designed policies in 10 minutes or less. Choose the plan that’s right for you. Boost a policy you already have with just $25,000 or go all out and activate up to $250,000.
Protect those that matter most by adding spousal and child coverage to your policy. You can activate it now or within 60 days of getting married or welcoming a new child.
Almost no fine print.
You got us! We tried to get rid of it all but it just wouldn’t be insurance without a little fine print. On the plus side, we promise to keep it to a minimum and as easy to understand as possible.
Your Parachute account
- Use your Parachute account to manage your coverage and discover what other insurance products may be a good fit for you.