Canada Life Insurance Company of Canada

Back to list

President: Paul Mahon

AM Best Rating: A+ (Superior)

Total Assets: $42.59 billion

Net Income: $1.1 billion

Net Premiums Written: $4.2 billion

Financial Size Category: XV ($2 billion or greater)

FSR Outlook: Stable

Best's Issuer Credit Rating: aa

ICR Outlook: Stable

As of Date: 07-02-2013

Organization Type: Stock

Specialty Lines of Businesses: Life Insurance, Annuities, Accident and Sickness

Marketing Type: Independent Agency Broker

Address:

Canada Life Assurance Company
1901 Scarth Street
Regina, SK
S4P L44

Toll Free: 1-888-252-1847
Phone: 416-597-6981
Fax: 416-204-2369

Web Address: www.canadalife.com
Email Address: N/A

* Information courtesy of the AM Best Key Ratings Guide 2013.

Canada Life, a subsidiary of The Great-West Life Assurance Company, offers its customers a variety of insurance and investment products for both groups and individuals. One of Canada Life’s most interesting products is Participating Life, insurance which combines life insurance protection with a tax-advantaged investment component; as long as premiums are paid it guarantees a high level of protection throughout one’s whole life.

The company also offers term life and universal life protection. Their Universal Life plan has multiple cost of insurance (COI) options, including increasing,level and limited pay COI. Canada Life is a leading provider of health insurance solutions, including a wide variety of critical illness and disability insurance solutions.

Canada Life is the leading provider of Credit Insurances where customers can insure their mortgages and loans throughout a number of products tailored to their individual needs.

News about LSM Canada Life Insurance Company of Canada

LSM Insurance is an independent Life Insurance Brokerage and is Not Directly Affiliated to Canada Life Insurance Company of Canada.

Call us: 1-866-899-4849

Name *
Phone *
Email
Your Date Of Birth
Amount of Coverage
Type
Comment
* Please Confirm Your Contact Details Are Correct

Canada Life Insurance Company Policies

Pluses:

1. They have very well-priced term 10 and term 20 policies, which are renewable and convertible.
2. They have an ASTRA program on all permanent policies that decreases any ratings by one classification on all permanent plans with a modified classification.

Minuses:

1. They do not offer a Term 30 policy.
2. They do not offer a Term 100 plan.

1 year stock chart for Great-West Lifeco Inc.


The above closing stock price is for the parent company, of which Canada Life Insurance Company is a subsidiary. This daily closing stock price is for informational use only and is meant to reflect the current financial well-being of the parent company.

LSM Canada Life Policy Reviews

4 Comments

  1. [...] Canada Life Insurance Company of Canada [...]

  2. [...] Canada Life Insurance Company of Canada [...]

  3. [...] who want Permanent Critical Illness insurance but do not want to pay into their retirement years. Canada Life is also joining several other carriers in an attempt to get standardized critical illness [...]

  4. [...] who want Permanent Critical Illness insurance but do not want to pay into their retirement years. Canada Life is also joining several other carriers in an attempt to get standardized critical illness [...]

Skip to
second column

Head Office: 2900 John Street Suite #302 Markham, L3R 5G3
Office 1-866-899-4849, 905.248.4849 Fax 905.300.4848


© LSM Insurance Services Ltd. 1998-2016




Translate »