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Canada Life

The Canada Life Assurance Company, founded in 1847, was Canada's first domestic life insurance company. Based in Toronto, Canada Life has grown and prospered, and today, it provides a diversified range of insurance and wealth management products and services in Canada and internationally, primarily in the United Kingdom, Ireland, Germany and the Isle of Man.

Canada Life began operating in the United Kingdom in 1903 and has developed a wide offering of products and services to suit the needs of its clients. Canada Life's product portfolio includes solutions for successful retirement income planning, inheritance tax planning, savings and investments as well as group and individual protection.

In 2003, Canada Life Assurance was acquired by the Great-West Life Assurance Company. The Great-West Life Assurance Company was founded in Winnipeg in 1891 and is a major Canadian life and health insurer, as well as a market leader in group insurance and individual segregated funds. This merger combined the resources of three of Canada's leading life insurance companies - Great-West, London Life, and Canada Life - creating a strong financial services organization with a global reach. Canada Life and Great-West are members of the Power Financial Corporation Group of Companies.

Group insurance

Canada Life's group insurance operation is committed to building strong relationships with its customers by providing market-leading products and exemplary service and support.

It has been providing group products to intermediaries and their corporate clients for over 45 years and is now one of the UK's largest group insurance providers, covering more than 2.8 million people through group insurance schemes.

Canada Life is recognized as having substantial weight and experience in its three core product sectors – Group Life Assurance, Group Income Protection and Group Critical Illness. It is the market leader for Group Life Assurance and the second largest provider of Group Critical Illness cover. The value of benefits insured by Canada Life’s Group Division currently exceeds GBP 285 billion.

Canada Life joined the International Group Program in 1994.

Key Products

  • Group Life Assurance
  • Group Income Protection
  • Group Critical Illness Cover

Canada Life Limited, registered in England, no. 973271.
Registered office: Canada Life Place, Potters Bar, Hertfordshire EN6 5BA

Canada Life is located on the internet at: www.canadalife.co.uk/group