Last President and CEO: Gordon Dunning
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Union of Canada Life Insurance
325 Dalhousie Street
P.O Box 717
Toll Free: 1-877-966-6676
Union of Canada 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 Union of Canada Life Insurance such as term life insurance quote, whole life insurance quote, universal life insurance quote, disability insurance quote, critical illness insurance quote, no medical life insurance quote, long-term care insurance quote, group benefits and others.
The Ontario Superior Court of Justice has ordered the winding-up of Union of Canada Life, finding that the company had insufficient capital to ensure long-term viability. The court has named Grant Thornton Limited as liquidator. More details can be obtained through Grant Thornton Union of Canada Update.
Union of Canada Life Insurance, founded in 1863, is one of the oldest insurance companies in Canada. They offer life and accident insurance, mortgage and investment products; presently operating in the province of Ontario, Québec, New Brunswick and Prince-Edward Island.
For individual life insurance, there are several options to choose from; participating or non-participating policies are available. Their accident insurance provide complete coverage in case of an accident at very competitive rates, from 15 days up to 100 years.
For those in the market for a mortgage, Union of Canada may have the right solution with their various mortgage products—short or long-term, variable amortization periods and flexible payment options.
For investors, Union of Canada offers Uniflex and Uniflex Plus savings vehicles for one to five-year periods, with simple, compound or daily interest rates. Their retirement savings products are available to individuals and groups.