Canada Life Life Insurance
Intro to Canada Life
Canada Life were established in 1847 and started operating in the UK in 1903. They were acquired by Great-West Lifeco Inc in 2003. They are the largest group provider in the UK. Their headquarters are based in Winnipeg, Manitoba. The company are known for their philanthropy and have made donations to all sorts of amazing causes over the years.
What are Canada Life’s claim pay-out rates?
Canada Life paid out 99.5% of Life Insurance claims in 2018, amounting to £263 million.
What awards have Canada Life won?
Canada Life have won the Life and Pensions Award at the Financial Adviser Service Awards 2018 and the Defaqto 5* award for level term critical illness cover in 2019.
Is Canada Life Insurance good?
Protect Line are an impartial brokerage, so this means we won’t ever give you any advice and will only provide facts. In regards to Canada Life, we have provided factual information within this page so that you can make a decision when it comes to choosing your Life Insurance provider.
How do I get Canada Life Insurance quotes?
We can offer you quotes for Canada Life Insurance – all you need to do is fill out our online quote form, have a chat with our friendly and professional team and you’ll then have quotes from multiple different insurers to choose from.
How do I pay for Canada Life Insurance?
You can pay for a Canada Life Insurance policy like you would any other policy – this is usually via direct debit and set up when you take out your policy.
How much does Life Insurance from Canada Life cost?
Canada Life Life Insurance can vary in cost and is based upon personalised factors such as:
- Your age
- Your health
- Your lifestyle choices
- Whether you’re a smoker
- The length and amount of cover