Facts & Information Page:
Canada Life Insurance Company of Canada - Canada

Canadian Money Advisor Rank

Product Names

Product Name


Canada Term Life Insurance

Canada Universal Life Insurance

Canada Participating Life Insurance

COMPANY CONTACT INFORMATION:

Canada Life Insurance Company of Canada
1901 Scarth Street
Regina, SK S4P 4L4
Website:http://www.canadalife.ca

Customer Service Phone: 519-435-7835
Customer Service Fax:416-204-2369
Contact's Name:Kathy Langford
Contact's Phone:519-435-7835
COMPANY INFORMATION AND BIOGRAPHY:

The Canada Life Assurance Company was founded in 1847 and considered as Canada’s first domestic life insurance company. At present, Canada Life offers insurance and wealth management products and services in Canada as well as globally mainly in the United Kingdom, Isle of Man, Ireland and Germany.

The Canada Life has their headquarters situated in Toronto. Canada Life provides wide range of insurance policies and wealth management products and services for individuals, families and business owners from coast to coast. Canada Life Assurance’s savings and investments including retirement income, life, disability and critical illness insurance products also exist from independent brokers who are certified representatives of Canada Life.

Canada Life is also known to be the major provider of creditor insurance that assist in protecting the financial responsibilities of individuals with mortgages, loans, credit cards, lines of credit or leases concerning with the top financial institutions, automobile dealerships and other lending institutions.

Product Name Product Description
Canada Term Life Insurance Canada Universal Life Insurance grants clients permanent life insurance protection having a tax-advantaged investment component. As cash values build up, they can be utilized to pay off partially or completely the total cost of the insurance. Additionally, it provides security and protection through its life insurance component. Universal life insurance can give an extra source of income during emergencies, retirement as well as estate planning requests.

You will choose an investment combination that is excellent for you. You must take into account the risk you are at ease with, and your financial goals and conditions. Having the Canada Life’s universal life insurance, you can tailor your own solutions that would be adjusted eventually to suit your constantly changing lifestyle, budget and savings objectives.
Canada Universal Life Insurance Canada Universal Life Insurance grants clients permanent life insurance protection having a tax-advantaged investment component. As cash values build up, they can be utilized to pay off partially or completely the total cost of the insurance. Additionally, it provides security and protection through its life insurance component. Universal life insurance can give an extra source of income during emergencies, retirement as well as estate planning requests.

You will choose an investment combination that is excellent for you. You must take into account the risk you are at ease with, and your financial goals and conditions. Having the Canada Life’s universal life insurance, you can tailor your own solutions that would be adjusted eventually to suit your constantly changing lifestyle, budget and savings objectives.
Canada Participating Life Insurance Canada Participating Life Insurance can be a combination of permanent life insurance protection having a tax-advantaged savings component. It can grant insurance protection for life given that the premiums must be paid off when due date comes. Participating life insurance is an essential permanent life insurance that comprises a wide-range of guarantees for basic coverage. It provides premium, death benefit and cash surrender values.

Aside from that, a tax-advantaged savings component is being imposed on this life insurance. The possibility for the policyholder to receive dividends is high which you can then utilize to pay for an additional life insurance or lessen your out-of-pocket premiums. Options of riders and benefits that can be supplemented to the basic policy you have procured. Lastly, the premium is flexible enough for your convenience and comfort.