Canada Life Insurance
Canada Life Insurance is a life insurance company based in Ontario, Canada. Founded in 1847, the company insures 12 million customers in Canada, as well as offering life coverage internationally – including the United States. Most of its international business is located in Europe, specifically the UK, the Isle of Man, Ireland, and Germany. As of June, 2010, Canada Life Insurance has received an "A+" or "Superior" rating from the insurance industry analysts at A.M. Best, and an "AA" or "Superior" rating from Standard and Poor's.
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Canada Life Coverage Choices
Canada Life Insurance offers term life insurance and two types of permanent life insurance, universal life insurance and participating life insurance. Term life policies are cheaper and provide a set death benefit to your loved ones if you die while the policy is in force. They have an expiration date, after which they must be renewed or a new policy issued, generally at a higher premium. They do not gain cash value over time.
Permanent life insurance stays in force for as long as you live, provided you pay the premiums. These plans also allow you to invest some of the premiums you pay, so the policy gains cash value over time. Permanent life plans are a great way to save up a nest egg in case of emergency and protect your family in case of your death, all in one fell swoop.
When you buy life coverage, it is important to look at different types of coverage and to request a quote here to compare your options. By using this site to request a quote, you can find the policy that offers your family the greatest amount of protection at the most reasonable price. Our expert representatives can help you do just that. Get started today to receive your free, no-obligation life insurance quote!
* Life-Insurance-Info.us is not a life insurance broker or carrier, and cannot issue life insurance policies. We are not associated with the company or companies profiled on this page and Life-Insurance-Info.us make no representation, express or implied, that you will receive a quote from the company profiled herein. This site provides free information on insurance providers and coverage options. Products and policies may not be available in all states, and product information is subject to change without notice. Please contact the insurance company directly to answer your policy inquiries.
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