With a legacy as Canada’s oldest insurance company, The Canada Life Assurance Company has built trust with Canadians across the nation with their flexible and accessible life and living benefits insurance products. Joining with Great-West Life, Canada Life offers a wide range both temporary and permanent plans with a host of additional benefits.
Canada Life offers the following insurance plans:
|Type of Plan||Term Length||Eligibility||Benefits|
|Simply Preferred Term Life||10 and 20 year terms||Ages 18 to 75||Fixed rates for the term chosen. Renewable and convertible. Amounts below $250,000 may not require a medical exam.|
|Participating Whole Life||To Age 100, with a 20-year pay||Ages 0 to 85||Choice of long-term estate growth or short-term wealth accumulation. Available as a joint policy. Guaranteed minimum premium.|
|Millennium Universal Life||To Age 100, with 10, 15, and 20 year pay.||Ages 0 to 85||Adjust your premiums, coverage, and cash values to meet your financial goals. A variety of interest options available.|
We are pleased to offer all life insurance products provided by Canada Life. For a quote on all available life insurance plans, please use our no-obligation quote provided on the right to explore your options and find the right fit for your needs.