BEST INSURANCE COMPANIES IN CANADA

BMO Life Assurance Company

BMO Life Assurance Company is a member of BMO Financial Group. Currently through Kanetix.ca, you can get quotes from the BMO Life Assurance Company for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term 30 life insurance policy which provides coverage for 30 years

Desjardins Financial Security

Desjardins Life Assurance was created in 1948. Then through mergers and acquisitions, Desjardins Life Assurance eventually became the Desjardins Financial Security it is today. The path to this destination includes in 1962, the acquisition of La Sauvegarde followed in 1989 of Laurier Life Insurance. Then in 1990, Desjardins Life Assurance and La Sauvegarde merged, followed by the acquisition of Les Coopérants in 1992. In 1994 the life and health insurance portfolio of the Laurentian Group and its subsidiary Imperial Life were integrated and it was shortly after in the same year when Desjardins Life Assurance becomes Desjardins-Laurentian Life Assurance. In 1995, Desjardins-Laurentian Life Assurance acquired Æterna-Life Insurance Company followed 5 years later in 2000 with the merger of Desjardins-Laurentian Life Assurance and the Laurentian Life and Health Insurance Corporation. Another merger followed in 2001 with Desjardins-Laurentian Life Assurance and Imperial Life. After all this activity, in 2002 Desjardins Financial Security was created. As recently as 2006, another acquisition has occurred of the Performa Financial Group. 

Currently through Kanetix.ca, you can get quotes from Desjardins Financial Security for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy providing coverage for up to 20 years

Canada Life Assurance Company

Also, known simply as Canada Life was founded in 1847. The Canada Life Assurance Company, along with London Life Insurance Company, are subsidiaries of The Great-West Life Assurance Company. 

Currently through Kanetix.ca, you can get quotes from The Canada Life Assurance Company for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Equitable Life Insurance Company of Canada

Established in 1920, Equitable Life is an independent mutual life insurance company. Equitable Life Insurance Company of Canada, a mutual life insurance company was founded in Waterloo, Ontario but operates across Canada from British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Newfoundland Labrador, New Brunswick, Nova Scotia, and Prince Edward Island (PEI). 

Currently through Kanetix.ca, you can get quotes from Equitable Life Insurance Company of Canada for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

I A Pacific

I A Pacific, also known as Industrial Alliance Pacific, was formerly named North West Life. The parent company of Industrial Alliance Pacific is Industrial Alliance Insurance and Financial Services Inc. (Industrial Alliance). Industrial Alliance was formed as a result of a 1987 merger of Industrial, created in 1905, and Alliance, founded in 1892 (hence the name, Industrial Alliance). 

In 1996 Industrial Alliance merged with The Solidarity, a life insurance company; then in 1999 Seaboard Life Insurance Company, of Vancouver, joined the Industrial Alliance Group. Now, The Solidarity, Seaboard Life and North West Life operate under the name Industrial-Alliance Pacific Life Insurance Company (Industrial Alliance Pacific). 

Currently through Kanetix.ca, you can get quotes from the Industrial-Alliance Pacific Life Insurance Company for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term 30 life insurance policy which provides coverage for 30 years

Term to 100 life insurance policy which is just like a permanent life insurance policy, only without the cash-value (which is what makes permanent life insurance policies so costly.)

RBC Insurance®

RBC Insurance is a subsidiary of the RBC Financial Group. RBC Insurance, which operates as part of the Canadian Banking segment of RBC Financial Group, is the largest Canadian bank-owned insurer.

Currently through Kanetix.ca, you can get quotes from RBC Insurance for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term to 100 life insurance policy which is just like a permanent life insurance policy, only without the cash-value (which is what makes permanent life insurance policies so costly.)

Transamerica Life Canada

Transamerica Life Canada is a wholly-owned subsidiary of AEGON N.V., one of the largest insurance companies in the world. Since 1927, the Transamerica group of companies has provided Canadians with financial solutions including life insurance. 

Currently through Kanetix.ca, you can get quotes from Transamerica Life Canada for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term 30 life insurance policy which provides coverage for 30 years

Unity Life of Canada

Known originally as the Insurance Department of the Subsidiary High Court of the Ancient Order of Foresters (wow, what a long name) in 1898, the company changed its name in 1939 to Toronto Mutual Life Insurance Company after it was incorporated as a mutual life insurance company. In 2002, Unity Life of Canada was formed from an amalgamation of the Toronto Mutual Life Insurance Company and its subsidiary company, The Western Life Assurance Company. 

Over the years there has been many acquisitions. To name just a few: The Prudential Insurance Company of America in 2006; Lincoln Heritage Life Insurance Company (Superior Life) in 2004; Liberty Life Assurance Company in 2002; Commercial Travelers Mutual Insurance Company in 1999; Mutual Life of New York in 1996; and The Western Life Assurance Company in 1991. 

Currently through Kanetix.ca, you can get quotes from Unity Life of Canada for each of the following life insurance products:

Term 10 life insurance policy which provides coverage for 10 years

Term 20 life insurance policy which provides coverage for 20 years

Term 30 life insurance policy which provides coverage for 30 years

More about Canadian life insurance companies

With over 100 life insurance companies in Canada, shopping for life insurance can be confusing. Who do you go with? Who can give you the cheapest life insurance? Who is reputable and well known? There are a lot of life insurance companies to choose from when, as a Canadian life insurance shopper, you are looking to buy a life insurance policy. 

Thankfully, that's where Kanetix.ca can help. Through Kanetix.ca's life insurance quote comparison service you can get quotes from the life insurance companies listed above for any of the following cities. Whether you are looking for Vancouver life insurance, Victoria life insurance, Edmonton life insurance, Calgary life insurance, Ottawa life insurance, Toronto life insurance, or Halifax life insurance, Kanetix.ca can help.