Industrial Alliance Life Insurance

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President & CEO: Yvon Charest

AM Best Rating: A (Excellent)

Assets: $39.4 billion

Net Income:  $342 million

Net Premiums Written: $3 billion

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

FSR Outlook: Stable

Best’s Issuer Credit Rating: a+

ICR Outlook: Stable

As of Date: 02/26/13

Organization Type: Stock

Specialty Lines of Business: Individual Life Insurance, Individual Annuities, Group Pension

Marketing Type: Independent Agency Broker


Industrial – Alliance Life Insurance
1080 Grande Allée West
PO Box 1907
Quebec City, Quebec
G1K 7M3

Toll Free: 1-800-463-6236
Phone: N/A
Fax: 418-684-5106

Web Address:
Email Address:

* Info courtesy of AM Best Key Ratings Guide 2013

Industrial Alliance Insurance and Financial Services Inc. is among the 100 largest companies in Canada, and is listed on the Toronto Stock Exchange (AIG). The company was founded in 1892, and has a long history of providing insurance products and financial services.

They offer a wide range of insurance and financial products, to both individuals and companies of all sizes. The company has more than three million customers across Canada.

For individuals, there is a whole range of products, including traditional insurance products, mortgage insurance, illness and long-term disability insurance, and accident insurance for adults and children. One of the products, the Peek-a-Boo, is specially designed for newborn babies residing in Canada and protects against any unexpected accidents. It comes free of charge for the first year, therefore parents are not burdened with any initial cost.

Regarding companies and organizations, Industrial Alliance has many insurance solutions to cover employees or groups in any sector, including school classes and sport teams. Their product Accigroup provides group coverage during activities (excluding travelling), while Accigroup Plus offers continuous worldwide coverage for the insured members during their trip or activities.

The company’s latest product is Ecoflextra which was launched in December 2007. This unique product is offered to individuals who are looking for retirement income protection combined with growth potential. It protects against market changes and allows clients to fully recover their investment.

Industrial Alliance Company News 

LSM Insurance is an independent Life Insurance Brokerage and is Not Directly Affiliated to Industrial Alliance Life Insurance.

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Industrial – Alliance Life Insurance Policies


1. They have a unique pick-a-term policy, which allows the insured to pick between terms of ten years to 40 years.

2. They have limited pay options with the guaranteed cost of insurance on their Universal Life policies.


1. No participating Whole Life policies.

2. Limited disability Insurance solutions for professionals.

1 year stock chart for Industrial Alliance Insur. & Fin. Ser.

The above stock charts are for the parent company Industrial Alliance Insurance and Financial Services, of which Industrial Alliance Life Insurance is a subsidiary. These stock charts are for informational use only and are meant to reflect the current financial well-being of the parent company.


  1. Industrial Alliance buys Aegon Dealer Services 05/12/2008 at 5:03 am

    […] Industrial Alliance did not disclose the terms of the transaction with the Canadian unit of Dutch insurer Aegon Group. The deal announced Friday is the 13th takeover in the Quebec City-headquartered company’s drive into the wealth-management business in recent years. […]

  2. Industrial Alliance Buys Money Concepts and AEGON Canada 07/09/2008 at 4:31 am

    […] Industrial Alliance (IA) has obtained all regulatory authority approvals for the acquisition of National Financial Corporation, the parent company of AEGON Dealer Services Canada Inc., Money Concepts Limited and National Financial Insurance Agency Inc, the company announced in a press release. […]

  3. Mike 05/02/2013 at 1:46 pm

    I would like to find out more about the Child Life Health Duo plna for my client. Can you send me some details.

  4. LSM Insurance 05/03/2013 at 10:56 am

    You can get some details here link to

    But your MGA or Industrial Alliance directly should be able to help.

  5. Stance 06/15/2013 at 10:52 pm

    I think the reason few companies offer Term 40 is it is a tough plan to price.

    I think you are better off with less coverage and more Whole Life or Term 100 insurance.

  6. LSM Insurance 06/16/2013 at 10:33 am

    Thanks for the note. The problem with taking less coverage is that might not fulfill the insureds needs which is the primary consideration.

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