Are you puzzled by the prospect of finding the best life insurance for you and your loved ones? Are your ideas jostling and you can't figure out which insurer to turn to? It is only a question of comparing!
Desjardins Insurance was born in 1999 when the Mouvement Desjardins, the first group with the largest cooperative mission in Canada, added personal insurance to its already impressive arsenal of services to its members. The group is very present in Quebec, but also in Ontario, thanks to its 400 offices and 500 agencies which offer their advice in matters of finance and insurance.
Constantly adding new life insurance products to its arsenal, consumers also find at Desjardins Insurance:
360 group insurance
BMO Insurance part of BMO Financial Group (the oldest existing chartered bank in Canada), has 100 years of experience of solid financial profitability. It therefore offers a wide range of policies and coverages that are competitive on the market.
When you are looking for tailor-made plans for Quebec society, BMO Insurance also offers:
BMO critical illness insurance
Canada Life was the first insurance company created in Canada, in Hamilton, Ontario.
Since 1990, Canada Life has adhered to the respective CLHIA code of ethics. This emphasizes the importance for a consumer to benefit from a competitive market, transparent advertising, a level of competence required with regard to the services and plans provided and to have right as a client to respect for private life.
Whether it's investment or online services, Canada Life has many facets that interest their customers.
On their site, you can also:
Check your account balance
Find out about your investments
View your fonts
The Blue Cross has brought together 7 regional not-for-profit insurance companies since 1939 to insure 7 million Canadians.
The Blue Cross presents a unique plan, the Tangible Hybrid Protection which includes a double protection with its coverage of $ 1,000,000 and its long-term care from the age of 56 years.
When it comes to complaints, the Blue Cross does not skimp and payment is made quickly.
If you don't know what type of protection you need, the life insurance company guides you if you fall into these categories:
You plan to retire soon
Entrepreneurs or self-employed
Without group insurance
Studying or newly graduated
Empire Life was founded in Toronto in 1923, but moved its headquarters to Kingston later in 1936.
Empire Life relies more than anything on respect for relationships with its customers, employees and business partners. The Ethics Point customer support line exists to report any breaches in the code of ethics to ensure the best service.
Looking for a customer service advisor to see if their proposals benefit you?
To better orient you, here are their 4 main categories of life insurance:
Guaranteed life protection
The permanent with participation
Humania Assurance inc. became a mutual in 2012 to develop and manage its own insurance plan when La Survivance, a mutual life insurance company, split up.
Humania is launching its smart insurance, the online HuGO Life platform, to speed up the process of acquiring life insurance. The majority of clients (over 65%) receive their approval immediately and the contract arrives in the mail a few days later.
If you are looking for a list of forms including one to declare a disability, the insurance company has gathered this documentation in the same place on their website.
Some forms will be very useful, including:
The one to assign a policy
The one to buy your permanent life insurance
The one to designate your beneficiaries
The one to access direct deposit
And more than 80 others!
RBC Insurance, since the ‘60s, commands a strong presence in the life insurance market thanks to a range of diversified products.
RBC Insurance offers the program Prices within the reach of families which sparkles premiums as low as $ 12.67 for term life insurance when paired with home and auto products.
Much more than a life insurer, RBC insurance offers a wide variety of products such as:
RBC travel insurance
Be sure to check all of the company's borrowing and credit options to get your finances in order.
Industrial Alliance saw the start of its activities in 1892, it has managed more than $ 130 billion and has joined the ranks of the largest Canadian insurance companies.
Industrial Alliance turned in 2010 to a principle of continuous improvement and embraced the Lean work philosophy (Toyota method). It aims to become the most attentive company to the demands of its customers.
To learn more about Alliance Industrial Life Insurance in 2019, see the full article
This company, which is part of the ranking of the best life insurance companies in Quebec, stands out for its technological advances which lower the cost of premiums for their customers, such as:
EVO, which makes membership almost immediate
Health navigation, to find resources within your reach (doctors, a type of support for mental problems, etc.)
ProsperiGuide, which assists companies in their financial management
The capital, for 41 years now, has ensured the financial well-being not only of state employees, but also of individuals.
La Capitale offers special and exclusive benefits to members of the health services.
With its convenient customer area, the insurer's online services are comprehensive. Thus, you can receive and / or see:
A 3-minute offer for auto or home insurance
Forms that define group insurance
An effective method of reaching an advisor
Your customer area
Manulife begins its history in 1887 with its first president, John A. Macdonald, at the head.
Their new slogan “For your future” is intended to show support for its customers.
Manulife offers Synergy Insurance, a 3-in-1 solution that combines life, disability and critical illness insurance.
Do not miss other products from the life insurance company that could add to your protection:
Their investment options
Popular group plans
SSQ Insurance was born in the Saint-Sauveur district in 1944 in Quebec. The mutual and its members elect their directors with the aim of holding the reins of their business themselves according to their deep values of fairness and democracy.
SSQ Insurance has 3 million customers to its credit as well as 2,000 employees.
Do you want to invest in a savings account to see your investments increase?
Or do you want a guaranteed premium during the period determined by your contract?
They have that, and more.
When it comes to further researching their life insurance products, their solutions prove to be interesting:
Ivari (formerly Transamerica Life Canada) has more than 80 years of experience in the insurance field in order to offer their clients business solutions directly related to their needs. Ivari enjoys getting involved in her community. She has been a long-time partner with Centraide- United Way Canada. Thus, each year Ivari, during the fundraising campaign, pays its partner an amount corresponding to the amount collected by its employees.
Easily get this data and / or resources to:
a portrait of your insurance,
answers to your questions,
join Ivari customer service,
have access to their insurance forms or documents,
or see their many financial products,
on their full website.
Founded in 1889, UV Insurance, is one of the oldest insurance companies in Canada. It acquired its notoriety thanks to its financial solidity and its local customer service. UV Assurance offers a range of products in individual and critical illness insurance, group insurance and retirement investment. Over time, it has succeeded in making its place by leveraging flexible products and a vast network of independent advisers. The company, headquartered in Drummondville, serves the Canadian market, particularly Quebec and Ontario.
UV Assurance is a company name and trademark of Union-Vie, a mutual insurance company.
Protection plan Canada began operating in Toronto in 1992. With only one type of policy, it is now the nation's leader in life insurance products that require no medical requirements. Plan Protection Canada's simplified issue plans provide Canadians with comprehensive protection, even if you have health problems.
Go for peace of mind when the other doors close.
The company has solutions for everyone, including additional protections that cover you:
If you go on a trip
To reimburse your dental or health costs
To compensate you if you have a serious illness
Assumption Life began on a small scale in 1903. Its purpose was to secure the economic future of the Acadians living in Massachussets. Mutual since 1969, it has become increasingly involved over the years (particularly in eastern Canada) in managing the financial health of thousands of Canadians across the country.
Look no further for the realization of your financial projects.
Plan your projects in the short, medium and long terms with a range of:
life insurance plans targeting your real needs,
investment options to prepare for your old days
and finally buy your home with a mortgage.
Sun Life Financial Demonstrates high standards since 1871. A large network of 4000 advisers in the country is dedicated to your needs in terms of life insurance, health insurance as well as placement services.
Their great strength stems from their active and diversified presence throughout the world in the finance sector.
Known by the rest of Canada under the name “Sun Life Financial”, this insurer allows their customers to find an advisor in their region, thus facilitating reports.
He judiciously divides the significant moments of life into 5 categories to better orient people.
Here they are :
Planning for your retirement
To buy a house
Start your family
Protect your health
Managing your income
Great-west celebrated its 125th anniversary in 2015. Building on this experience, Great-West Life and its two subsidiaries, Canada Life and London Life, have at heart the desire to meet the financial needs of its 12 million insured in Canada.
A practical application offered (GroupNet) by the company makes the work of the insured easier in terms of:
View the details of your protections
Submit a claim
View their site
Register for Direct Deposit
Foresters Financial is a fraternal benefit society that has stood out since 1874 for providing quality life insurance plans for its members, and for inspiring community action.
A.M. Best awarded her the “A” rating (sign of excellence) which she has maintained since. This rating is given to businesses that are in excellent financial health and that meet their obligations to their members.
Their range (of Financière Foresters) of types of protection in personal insurance includes the following main solutions:
Whole life insurance that freezes the price forever
- Product name -> Advantage Plus
Term life insurance for people with passenger needs
- Product name -> Temporary (10-20-30)
Critical illness insurance that pays an amount at the time of diagnosis
- Product name -> Lifetime Care
Fair Trade Life Insurance of Canada was born in November 1920 in Waterloo, Ontario. It became a mutual company later in 1963, no longer managed by shareholders, but rather by its members who now advocate an approach focused on their interests and on prudence in terms of risk management.
Its simplified subscription contract offers interesting solutions adapted to people between 40 and 80 years old.
This Mutual conveys values among which we find generosity, as demonstrated by their annual program which helps disadvantaged households during the month of December.
Its individual life insurance products:
The Whole, which offers a smart way to plan for a retirement
Critical illness, which helps financially during difficult times
Temporary, the most affordable
The universal, to get a return on your capital
Specialty-Life specializes in providing life insurance policies to people in their 50s. It offers plans with extended eligibility up to the age of 85. In 2012, 20,000 people across Canada benefited from their services and the company paid in benefits of no less than $ 8 billion.
Their advisers are able to help clients protect themselves by drawing on the country's major insurers.
So it is in your best interest to shop around for the right price.
The people who benefit from checking the products distributed by Spécialité Vie are:
Those looking for a way to pay for their funeral
Those who want to avoid the medical examination
People who are over 50 and whose insurability is involved.
Here is a brief summary table of the top 20 of the best life insurance companies on the market in Quebec:
Here are some examples of monthly premiums for fictitious insurance contracts:
What to do ?
Still puzzled? As you can see, there are many options available to you when you want to purchase life insurance. This should suit your needs while taking into account your financial situation.
Where to look?
Each insurer offers quality products in this area, it is enough to compare to find the perfect solution for you and your loved ones! To simplify your task, this platform offers you compare life insurance companiesvia a network of partner brokers.
Whether you are looking for term, permanent or universal life insurance, life insurance without a medical examination… one of our broker-partners will provide you, after you have completed our short online form, an advantageous quote based on your needs in order to make save money. Dare to compare!