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Heated Debate Between Whole Life Agent and Dave RamseyTerm life insurance is a simple and affordable Canadian solution that provides tax-free payments in the event of death. You can be covered with Blue Cross Life Term Life Insurance coverage up until the age of With a minimum term length of 10 years, this means. 3-in-1 life, disability and critical illness protection � Replace your income � Cover your mortgage and debts � Supplement gaps in your employer's group plan.