About Canada Life Insurance

Canada Life was founded in 1847 as an independent financial corporation to provide insurance policies to the people at reasonable costs. Since then it has been acquired by The Great West Life Assurance Firm and has been providing an assorted range of financial services all over the world. The financial services on sale comprise of a wide range of insurance and wealth management products with services for individuals and families along with business institutions. Canada Life also to do their bit towards the society by organizing social awareness programs such as Key To Giving and Stronger Communities Together.

The plethora of financial products and services offered by Canada Life comprise of life, critical illness, disability and creditor insurance policies along with various retirement and investment products including pensions, annuities and mutual funds.

The life insurance policy provides a financial cover to the family of the consumer in case of his death within the cover term. There are two kinds of life insurance deals offered by Canada Life which include term life and permanent depending on the requirements of the consumer. The term life cover is suitable to the needs of individuals or young families who own a mortgage as it is affordable and renewable after a certain period of time without the need of health proof.

To retain a similar lifestyle after retirement seems a daunting task but the retirement solutions provided by Canada Life make it easier. Canada Life gives the consumer access to over fifty segregated funds along with fifteen independent investment management companies to provide a huge range of options to the consumer.

Among the products are payout annuities, guaranteed interest terms, saving options and other retirement income options along with segregated fund policies which enable the consumer to invest the money without any hesitation for a better future.