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Life insurance companies of canada. London life was a part of great west lifeco subsidiary great west life assurance company. London life was founded in london ontario in 1874 and remains headquartered there. Standard life maritime life and john hancock in the u s sun life financial and great west life assurance company includes the brands. The london life insurance company or london life merged with great west life in 1997 then joined the original canada life in 2003.

Best life insurance for couples. As of 2020 the best life insurance companies in canada include manulife financial wawanesa life bmo insurance canada protection plan and industrial alliance. Its head office is located in waterloo ontario with 17 branches. Manulife is one of the biggest insurers in canada with over 30 million customers worldwide.

Following list shows the top 30 insurance companies in canada in terms of total assets. While each of these mutual based companies has unmatched whole life insurance offerings only one has a competitive term life insurance product mass mutual. In 2018 the following three life insurance companies were the largest ones in canada. Manulife is the largest insurance company in canada and one of the largest life insurers in the world.

About 22 million canadians owned some form of life insurance in 2019 according to industry figures. Canada life and london life. Manulife financial includes the brands. It is also one of the oldest.

In 2009 london life ranked 14th among canada s largest private companies. 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.

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