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About Canada Life

The Canada Life Assurance Company provides wealth management and insurance products and services in Canada and internationally. In the insurance sector Canada Life offers a wide range of solutions including Life Insurance, Critical Illness Insurance, Disability and Creditor Insurance.

Term Life Insurance - Canada Life Term Life Insurance provides short-term protection for 10, 20 or 30 years or to age 65. You can customize your coverage with optional benefits and let it renew automatically. The people you choose as your beneficiaries receive a tax-free payment if you pass away while your policy is active.

Participating Whole Life Insurance - Participating Life Insurance is lifelong coverage that pays your beneficiaries a tax-free payment when you pass away. With this coverage, your cash value is guaranteed to grow, as long as you pay your premiums.

Universal Life Insurance - Available as a limited pay, indexed, or level premiums. With this plan, you have the freedom to choose what level of investment is right for your life insurance policy.

Critical Illness Insurance - Critical Illness Insurance is a coverage option that provides you with a tax-free benefit if you are diagnosed with a serious condition or disease (including: cancer, heart attack and stroke). With this coverage, you can also get access to expert medical help, counselling services and family support services.

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Compare Canadian Life Insurance
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Cover for:
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Types of cover:

Life Cover

Life Insurance pays a sum to the beneficiary of the insured’s policy in the event the insured dies during the term of the policy.

Critical Illness

Critical Illness Insurance pays a benefit to the insured in the event the insured is diagnosed with a predefined illness during the term of the policy.

If not sure please select OTHER

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Amount of Cover:

Here you can choose how much you would like the beneficiaries of your policy to receive in the event of your death.

Things you may consider are the amount required to maintain your family’s standard of living and the cost of paying off any large debts you may have such as a mortgage.

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