Founded in 1847
Headquarters: Toronto
Clients: over 12 million
Assets Under Management: 218 Billion
Products & Services: Life Insurance and Wealth Management
Financial Strength/ Credit Rating (According to AM Best) : A+ (Excellent)
Claims Paying Ability: IC-1 Exceptional (according to DBRS Limited)
Canada Life is Canada’s first domestic life insurance company and now provide their services in Canada and internationally. They are the leading provider of creditor insurance which protects those who have mortgages, loans, lines of credit, credit cards and leases. Canada Life is a subsidiary of The Great West Life insurance company.
Canadian Life Insurance Companies
- Bingham Group Services Corp. (BGS)
- Blue Cross Canada
- BMO Life Assurance Company (formerly AIG Life Insurance)
- Canada Life
- CPP (Canada Protection Plan)
- Desjardins
- Empire Life
- Equitable Life of Canada
- Foresters
- Great West Life
- Industrial Alliance
- La Capitale
- Reliable Life Insurance Canada
- SSQ Financial Group
- Standard Life Assurance Company
- Sunlife Insurance
- Transamerica
- Wawanesa Mutual Insurance Co.
