Life Insurance Companies Of Canada

Manulife is the largest insurance company in canada and one of the largest life insurers in the world.

Life insurance companies of canada. London life was founded in london ontario in 1874 and remains headquartered there. In 2009 london life ranked 14th among canada s largest private companies. While each of these mutual based companies has unmatched whole life insurance offerings only one has a competitive term life insurance product mass mutual. Best life insurance for couples.

Following list shows the top 30 insurance companies in canada in terms of total assets. As of 2020 the best life insurance companies in canada include manulife financial wawanesa life bmo insurance canada protection plan and industrial alliance. About 22 million canadians owned some form of life insurance in 2019 according to industry figures. Standard life maritime life and john hancock in the u s sun life financial and great west life assurance company includes the brands.

It is also one of the oldest. Manulife is one of the biggest insurers in canada with over 30 million customers worldwide. Canada life and london life. London life was a part of great west lifeco subsidiary great west life assurance company.

Its head office is located in waterloo ontario with 17 branches. It offers life and health insurance dental insurance travel insurance pension products annuities mutual funds assets management and other services. Manulife financial includes the brands. If you want to buy a competitively priced term life insurance policy from one of the highest rated and most reputable life insurance companies in the world try mass mutual owned haven life.

In 2018 the following three life insurance companies were the largest ones in canada. There are approximately 160 life and health insurers competing in the canadian market.