'Life teaches us to expect the unexpected.'
Life teaches us to expect the unexpected. Unfortunately, death, injury and illness don’t discriminate – they can happen to anyone. It’s natural to want to protect your loved ones and help ensure they are looked after if anything were to happen to you. Life insurance helps provide financial security for those you care about most. We offer life insurance solutions that let you choose the coverage you want.
But there’s more to being prepared than accounting for an untimely death. Your ability to earn a living could come under risk if you experience a disability that prevents you from working. Disability insurance provides you with a portion of your salary if you’re unable to work because of an illness or injury.
And while nobody likes to contemplate falling seriously ill, it does happen. You can take steps to make sure you and your family are protected. Critical illness insurance provides a tax-free lump sum payment to help deal with the many potential costs associated with your return to health.
'Grow your money with a comfortable level of risk.'
The world of investing can seem complex and impenetrable. But ultimately it’s quite simple: you want to grow your money and save for the future with a comfortable level of risk. Our solutions are tailored to your situation and offer the flexibility to plan the retirement you want.
For example, who doesn’t like the idea of being their own boss? The HelloLife Retirement program uses your savings to pay you a salary during retirement. This is made possible by providing you with a monthly income annuity as well as through segregated funds policies that offer you a chance to grow your money. For those less comfortable with the market ups and downs, Canada Life offers guaranteed interest options to add stability to your retirement plan through fixed interest payments.
Of course, not everyone is saving specifically for retirement. We offer various savings options in both registered and non-registered plans to help you achieve your goals. Whether you are saving for a post-secondary education, a new home, or even a long-dreamed of vacation, we can help.
'What if something happened to you or a business partner?'
You’ve worked hard to build your business. But what if something happened to you or a business partner? An unexpected death, injury or illness could put your business at serious risk, along with the lifestyles of your employees and family.
No one wants to think about the worst happening, but if you or one of your key employees or partners dies suddenly, it’s important to be prepared. Life insurance helps mitigate any disruption by providing funds to keep your business going.
Things that seem simple now – meeting clients, writing emails, or just getting to work – may not be possible if you experience a disability. Disability insurance works when you can’t by providing funds to cover expenses like rent, utilities and salaries so your business can continue to operate even in your absence.
And while Canadians enjoy universal healthcare, there are still significant costs associated with treating a serious illness. The lump sum payment you receive from critical illness insurance helps you focus on your health while your business continues to operate.
Talk to an advisor
Not feeling confident in your finances?
You can talk to an advisor who will work with you to craft a financial plan tailored to your needs.