Canada Life provides a wide range of insurance and wealth management products for individuals, families and business owners from coast to coast.
At Canada Life, we’re focused on improving the financial, physical and mental well-being of Canadians. Our customers across Canada trust us to provide for their financial security needs and to deliver on the promises we make.
That trust is built on the dedication, skill and energy of our employees and advisors and their commitment to our customers and to our communities.
Canada Life is a subsidiary of Great-West Lifeco Inc.Opens a new website in a new window - Opens in a new window and is a member of the Power Corporation group of companies.
We put our customers and communities at the centre of what we do
Whether handling policy claims, growing and protecting clients’ retirement and investment savings, providing workplace mental health support for all employers or helping build stronger communities by investing in community projects, we are committed to putting the customer first in all that we do.
More than 12 million Canadian customer relationships
Benefits paid to Canadian customers
Retirement and investment holdings in Canada
In 2020, Canada Life:
Helped families cope with loss, paying out more than $5.8 billion in life and health insurance benefits.
Provided income for over 82,000 people who became disabled and could no longer work.
Made over $980 million of annuity payments, helping Canadians fund their retirement with a secure income stream.
Helped 27,000 employers provide benefits plans and 9,000 employers offer retirement savings plans for their employees.
Contributed $11.3 million to Canadian communities.
Want to learn more about Canada Life?
The organizational chart shows the relationships between Great-West Lifeco, Canada Life and other subsidiaries.Learn more
Our company history
Founded in 1847, The Canada Life Assurance Company was Canada’s first domestic life insurance company.Learn more
We take pride in making disciplined long-term investments that support growth in the economy while helping Canadians reach their financial goals.Learn more