The Canada Life Assurance Company, established in 1847 as Canada's first domestic life insurance company, provides insurance, wealth management, and healthcare benefit products to individuals, families, and businesses. Operating as a subsidiary of Great-West Lifeco Inc. within the Power Corporation group, the company serves millions of customers across Canada and internationally, with operations in the United Kingdom, Isle of Man, Germany, and Ireland through its subsidiary Irish Life.
The company's three core business lines are life insurance, wealth management services, and healthcare benefit products and services for both individual customers and employers. On January 1, 2020, The Great-West Life Assurance Company, London Life Insurance Company, and The Canada Life Assurance Company unified under a single brand, consolidating their combined market presence and distribution capabilities.
Canada Life's geographic footprint spans multiple countries across North America and Europe, positioning it as a significant player in the insurance and financial services sectors. The company is committed to helping customers protect their assets and plan for financial futures while addressing their financial, physical, and mental well-being.
