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How Canada Life is supporting you during COVID-19. Learn more

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Personal insurance

Seize the moments that make life worth it. Insurance protection can help give you the confidence to embrace every opportunity to live each day to the fullest.

Personal insurance

Seize the moments that make life worth it. Insurance protection can help give you the confidence to embrace every opportunity to live each day to the fullest.

What is personal insurance?

There are many types of insurance, but personal insurance is a contract that provides a binding guarantee that compensation will be paid in case of an injury, illness or death.

When do you need insurance?

Since no one’s circumstances are the same, their insurance protection shouldn’t be either. Generally speaking, insurance is a good idea if someone depends on you financially. 

  • Buying a home

    It’s an exciting milestone. Term life insurance can help protect your investment.

  • Child on the way

    There’s nothing more rewarding than starting a family. Make sure they’re protected.

  • Marriage bells ringing

    Make sure you’re both protected as you start your life with the person you love.

Life insurance

Use it to help protect yourself and the people that you love and, in some cases, grow your wealth.

Affordable for the short term

Term life insurance can be cheaper than a cup of coffee a day and provides coverage for a set period of time. It’s a great solution to cover expenses that have an expiry date, like a mortgage.

Coverage for life... that can grow your wealth

With permanent insurance, you pay your premiums and have coverage for life. It also includes a savings component that you can access while you’re alive.

For a serious illness or injury

We’re all invincible until we suddenly aren’t anymore. But you can help mitigate the impact an injury or a serious illness has on your plans. Insurance can provide you a tax-free payment if you’re diagnosed with a serious illness or a monthly income if you can’t work.

View critical illness insurance View disability insurance

More insurance options

Protect your business

Whether you’re just starting out or already well-established, insurance for business owners is a versatile option to help protect what you’ve built and keep it running smoothly.

View business solutions

Creditor insurance

Creditor insurance can be a low-cost, convenient way of making sure your loved ones aren’t responsible for paying for any of your outstanding debt.

View creditor insurance

Your workplace benefits

Your Canada Life workplace benefits builds on what provincial health care plans provide to keep you and your family covered.

Why us?

With over 170 years of experience, we have a long history of financial strength and stability. Work with one of our advisors to make a plan that works for you.

Already have an advisor? Get in touch.