Standard Life Assurance Company
Back to listPresident & CEO: Joseph Iannicelli
AM Best Rating: NR-5
Assets: $17,209,995
New Premiums Written: $1,605,640
Address:
Standard Life Assurance Company
1245 Sherbrook Street West
Montreal, Quebec
H3G 1G3
Toll Free: 1-888 841-6633
Phone: 514-499-8855
Fax: 514-499-4908
Web Address: www.standardlife.ca
Email Address:
* Info courtesy of AM Best's Pocket Key Ratings Guide 2010
Standard Life Assurance Company of Canada is a subsidiary of Standard Life plc which has approximately six million customers in the UK, Germany, Spain, Austria, Ireland, India, China and the U.S. Standard Life Canada has over a million customers; they are the fourth largest insurance company in Canada and considered a dominant player in the retirement market.
The company is proud to have a 95% customer retention rate, proving that its customer service is among the best in the industry.
Standard Life has many solutions when it comes to insurance, whether the focus is on protection or investment. One of their products, Perspecta Universal Life Insurance, offers the insured both asset protection and investment growth, while serving as a tax sheltering tool for families and businesses as well.
In early 2007, Standard Life Canada launched its new “Plan for Life” program aimed at helping Canadians plan their retirement in advance. This multimedia program assists members in making the best retirement plan decisions with the help of communication and investment tools, and online and personal assistance.
Standard Life was the first insurance company in Canada to offer the patented “Total Customer Satisfaction Guarantee” on all its individual products. As a result, customers who are not satisfied with their products will receive a refund of all premiums paid.
Standard Life Assurance Company News
- 08/06/2012
The Top 20 Life Insurance Companies 2012
- 07/31/2012
Universal Life Insurance for Women
- 12/14/2011
Standard Life will No Longer Sell Individual Life Insurance and Critical Illness Policies
- 11/17/2011
Standard Life Term 10 and Term 20 Life Insurance Solutions
- 09/13/2011
Life Insurance: Costco and Manulife Financial
- 07/27/2011
Standard Life Group Benefits
- 04/24/2011
Term 100 Policies in Canada are Under Pricing Pressure
- 04/12/2011
Standard Life’s Term 10 and Term 20 Term Policies: Now with Detatchable Riders
- 04/05/2011
Standard Life Universal Life Policy
- 03/30/2011
Standard Life Critical Illness: Analyzing Two Options
- 02/10/2011
Standard Life Terminal Illness Benefit
- 02/09/2011
Standard Life Total Customer Satisfaction Guarantee
- 12/15/2010
Standard Life’s Ideal Term Plus
- 11/26/2010
Critical Illness Policies for Women in Canada
- 11/02/2010
Critical Illness Term to 75
- 10/17/2010
Standard Life’s Term 20 Life Insurance Policy
- 06/02/2010
Comparing Mortgage Life Insurance Rates Among the Big Five Banks
- 04/23/2010
A.M. Best Ratings for 2009-2010
- 04/02/2010
Life Insurance Policy Fees
- 01/10/2010
Business By Design’s Retirement Plan for Small Business
- 07/10/2008
Standard Life launches India fund
- 07/01/2008
Standard Life’s “retirement dashboard”
- 06/11/2008
Step Up for the Children
- 06/05/2008
Standard Life adds whole life plan
- 05/13/2008
Standard Life Canada turns 175
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Standard Life Assurance Company Policies
Pluses:
1. They have term plans at both preferred and standard rates.
2. They have Life Pay and Quick Pay. In addition, they also have guaranteed or non-participating Whole Life Life Pay and Quick Pay policies.
Minuses:
1. They do not have a disability policy.
2. Their Universal Life level cost plan is not well priced at many age brackets.

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