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Whole Life Insurance Canada Explained - Life Insurance CanadaWhat is permanent life insurance? It's guaranteed lifelong coverage that protects the people you care about. But it's more than just insurance. What is whole life insurance? In Canada, whole life insurance is a type of permanent life insurance that gives you lifelong coverage. Permanent life insurance, with or without a medical exam, to protect your family throughout your lifetime. Flexible and worry-free, it is surely for you.