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: [email protected]

* Info courtesy of AM Best Key Ratings Guide 2013

Industrial Alliance Life Insurance, similar to other Canadian life insurance companies, offers numerous products targeting clients with various insurance needs. 

Though LSM Insurance is not directly affiliated to this insurer, our experienced life insurance brokers have access to products and quotes of over 20 Canadian insurers similar to the ones provided by Industrial Alliance Life Insurance such as term life insurance quotewhole life insurance quoteuniversal life insurance quotedisability insurance quotecritical illness insurance quoteno medical life insurance quotelong-term care insurance quotegroup benefits and others.

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 


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.


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

Industrial Alliance Buys Money Concepts and AEGON Canada

[…] 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. […]

Industrial Alliance buys Aegon Dealer Services

[…] 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. […]