According to the Canadian Life and Health Insurance Association there were 102 active life insurance companies operating in Canada in 2009. That's a lot of life insurance companies to choose from when, as a Canadian life insurance shopper, you are looking to buy a life insurance policy.
Below is a list of Canadian Life Insurance companies. Please contact us with any questions! You can also leave us a comment below.
ACA Assurance, also known as the Association Canado-Américaine, is the only Franco-American fraternal benefit society of its kind. It offers a variety of insurance products to its members. Members of ACA Assurance usually live in North America, and are mostly concentrated in New Brunswick, Ontario, New England, Québec, and Louisiana.
|Allianz Life Insurance Company of North America
Allianz's life insurance products are designed to offer flexibility and control, and provide consumers with the knowledge that consumers' family will be protected after insurees are gone.
Assumption Life has indisputably become one of Atlantic Canada's major insurance and financial investment companies, with more than 75,000 policies in force. It was ranked 33rd out of Atlantic Canada's top 101 companies.
|CAA Insurance Company (Ontario)
No matter where you are in life, CAA has an affordable Life Insurance Plan to suit your needs and provide the coverage your family deserves.
|Canada Protection Plan
Canada Protection plan offers a wide variety of Non Medical Life Insurance plans.
|Canadian Premier Life Insurance Company
Canadian Premier Life Insurance Company and Legacy General Insurance Company offer you a wide range of innovative products to help you find coverage options that best suit you and your loved ones' needs. We can offer you group life, accident, sickness and credit insurance solutions.
|CIGNA Life Insurance Company of Canada
One of the largest health service companies and health care insurance providers in the US market, Cigna also operates internationally in 30 countries, and has more than 70 million customer relationships worldwide. Headquartered in Bloomfield, Connecticut, Cigna serves its customers with more than 30,000 dedicated employees.
Desjardins Insurance is ranked first among life and health insurance companies in Quebec and fourth in Canada, supporting more than five million members.
|First Canadian Insurance Corporation
First Canadian Insurance Corporation is a national, privately chartered Life Insurance Company that has been offering Life and Disability insurance coverage on consumer loans through automotive dealership financial service offices since September of 1988. Since that time the First Canadian Group of Companies has been marketing its Insurance, Mechanical Breakdown Protection, and Protection Product programs through automotive, RV, and marine dealers across Canada with tremendous success.
|Foresters Life Insurance Company
On January 23, 2012, Unity Life of Canada, officially changed its name to Foresters Life Insurance Company. Unity Life of Canada was formed in 2002 when Toronto Mutual Life and Western Life Assurance merged.
|Industrial Alliance Life Insurance
Industrial Alliance Insurance and Financial Services Inc. is among the 100 largest companies in Canada, and is listed on the Toronto Stock Exchange (AIG). The company was founded in 1892, and has a long history of providing insurance products and financial services.
|Industrial Alliance Pacific Life
Industrial-Alliance Pacific Life Insurance Company (previously North West Life) is owned by Industrial Alliance Insurance and Financial Services Inc., and is an insurance company operating in Canada and western U.S..
|La Capitale Life Insurance
La Capitale is a 70-year-old province of Quebec based life insurer who is expanding Canada-wide now on the basis of their solid track record in Quebec.
|Manitoba Blue Cross
Manitoba Blue Cross is proud to offer a wide range of products for individual customers and group clients in Manitoba. For the occasional or frequent traveler, its individual travel health products protect against the financial burden associated with unexpected accidents or illnesses outside the province.
|Medavie Blue Cross
Medavie Blue Cross is a health services partner for individuals, employers and governments across Canada. For over 65 years they have set a high standard for health, dental, travel, life and disability benefits for groups and individuals.
|Primerica Life Insurance
Primerica Canada, offers debt eliminating and insurance solutions to individuals and families across the U.S., Canada, Puerto Rico and Spain. It has about six million customers and more than 100,000 representatives worldwide.
|Pacific Blue Cross
Pacific Blue Cross has been British Columbia's leading benefits provider for over 70 years. Our comprehensive understanding of health care fuels our commitment to service. Together with BC Life, our subsidiary, we provide health, dental, life, disability and travel coverage for approximately 1.5 million British Columbians through employee group plans and through individual plans for those who do not have coverage with their employer.
|RBC Life Insurance
RBC Insurance, through its operating entities, including RBC Life Insurance Company, provides a wide range of life, health, travel, home auto and reinsurance products as well as creditor insurance services to more than five million North American clients.
ScotiaLife Financial is a subsidiary of Scotia Bank specializing in insurance products. ScotiaLife is the outlet for Scotia Life Insurance Company, the underwriter of ScotiaLife's policies.
|Transamerica Life Canada
Transamerica Life Canada is the Canadian subsidiary of AEGON N.V., a Netherlands-based insurance company, which is one of the largest insurance companies in the world.
|TD Life Insurance
TD Insurance provides services in two major domains: general insurances, which includes home and auto insurance, as well as life and health insurance.
|UL Mutual Company
UL Mutual is a mutual insurance company serving Quebecers since 1889. The company has also been present in Ontario and New Brunswick since 2004. UL Mutual's financial condition is the envy of its rivals and its success is mainly thanks to its sound business management and a solid network of over 2000 independent financial security advisors.
|Union of Canada Life Insurance
The Ontario Superior Court of Justice has ordered the winding-up of Union of Canada Life, finding that the company had insufficient capital to ensure long-term viability. The court has named Grant Thornton Limited as liquidator. More details can be obtained through Grant Thornton Union of Canada Update. Union of Canada Life Insurance, founded in 1863, is one of the oldest insurance companies in Canada. They offer life and accident insurance, mortgage and investment products; presently operating in the province of Ontario, Québec, New Brunswick and Prince-Edward Island.
|Wawanesa Life Insurance Company
Since 1896, Wawanesa has insured people in their work and in their play. Wawanesa Life has been a proud member of the Wawanesa family since 1960. Wawanesa Life offers a full line of individual life insurance and annuity products, as well as group insurance products.
|Western Life Assurance Company
Western Life is a subsidiary of Western Financial Group, making us part of the largest western-based insurance brokerage in western Canada.
More about Canadian life insurance companies
With over 100 life insurance companies in Canada, shopping for life insurance can be confusing. Who do you go with? Who can give you the cheapest life insurance? Who is reputable and well known?
Thankfully, that's where Kanetix.ca can help. We've got some of Canada's top life and health insurance companies featured through the Kanetix.ca online quote comparison service. By entering your information just once, you can quickly and easily find cheap life insurance quotes that will fit your budget and your life insurance needs.
If you are looking for life insurance quotes for policy values ranging from $50,000 all the way up to $2 million then you can get quotes for Term 10 life insurance, (a 10-year policy), Term 20 life insurance (a 20-year policy), Term 30 life insurance (a 30-year policy) or Term to 100 life insurance (which provides you with life insurance coverage until you hit the ripe old age of 100 - essentially a type of permanent life insurance only without the cash value components).
Through Kanetix.ca's life insurance quote comparison service you can get quotes from some of the above leading life insurance companies in your city - whether it's in Vancouver, Edmonton, Calgary, Toronto, Ottawa, or Halifax.