Canada Life Financial Corporation is a Canadian company offering Life, Health and Disability Insurance. Founded in 1847, it was acquired by Great-West Life Assurance Company in 2003.
The Canada Life headquarters is based in Toronto, Ontario. It is located in the Canada Life Building on University Avenue. It also commissioned the Canada Life Building in Montreal.
In Canada, 1999 saw large growth of Canada Life with the acquisition of Crown Life Insurance Company of Canada. This allowed for demutualization and re-entry into the stock market.
With a strong focus on providing the best possible service to its policyholders, the company has continued to grow and prosper. In 2003 it became part of the Great-West Lifeco group of companies.
Canada Life provides:
§ Term Life Insurance
§ Permanent Life Insurance
§ Critical Illness Insurance
§ Disability Insurance
§ Creditor Insurance
As a well rounded Financial Services company, they also provide retirement and investment products. They provide access to over 50 segregated funds and 15 different investment management companies.
As an independent broker we are licensed representatives with the top Canadian Financial institutions. By representing many companies, we have the ability to compare insurance contracts. This ensures that you are getting the best price on the best insurance for your needs.
The best insurance is one that will ensure your family is well-positioned financially and your wishes are followed when you die. Some life insurance policies can build tax-advantaged savings while you’re still living.
Insurance should consider items like debt, education costs, child care costs and income replacement. Other considerations are items such as estate planning, tax on inherited property and planned giving. With so many things to consider, you want an independent broker on your side. We work for you, not the insurance companies.