Find out more about the life insurance offered by Canada Life
Who are Canada Life insurance?
Canada Life is the oldest life insurance company in Canada, originally founded in 1847, and it’s been operating in the UK since 1903. Some of Canada Life’s first international payouts were to the families of people who’d been on board the Titanic. In 2020 its parent company, Great-West Lifeco, amalgamated some of its other insurance providers – such as London Life and the Great West Assurance Company – into Canada Life. This means that anyone who had a policy with one of these other firms was automatically transferred to Canada Life.
Get in touch with Canada Life
Canada Life Limited Canada Life Place Potters Bar Hertfordshire EN6 5BA
0345 606 0708
What type of cover do Canada Life provide?
With Canada Life, you can choose from a range of different types of life insurance – so there’s sure to be something that will suit your needs:
Canada Life critical illness life insurance
Canada Life’s critical illness cover can help with extra medical expenses if you’re diagnosed with a critical illness
Canada Life joint life insurance
Couples can take out joint life insurance with Canada Life – whichever one survives the other will get a payout
Canada Life group life insurance
Canada Life’s group life insurance is a workplace perk that pays out the families of anyone who dies while an employee
Canada Life term life insurance
Canada Life’s term life insurance lasts for a set number of years, and pays out to your loved ones if you pass away during that term
Canada Life guaranteed life insurance
With guaranteed acceptance life insurance from Canada Life, you can get cover without having to take a medical exam
Canada Life over 50s life insurance
Canada Life’s over 50s life insurance is a single policy that’ll last you forever, with no fixed term
Canada Life whole life insurance
A whole life insurance policy from Canada Life is guaranteed to pay out to your family or loved ones, no matter how long you live
What you’ll need to get a quote
Canada Life don’t sell insurance directly – so if you’re interested in taking out a policy you’ll need to do so through a financial advisor. However, here’s the information you’ll need when they apply on your behalf:
Information about your health
Canada Life will need to know some basic details about your medical history, including any pre-existing conditions
Information about your lifestyle
You’ll also need to supply details of any lifestyle habits that can impact your insurance, such as drinking and smoking
Your age and your job
People who are older or who work dangerous jobs pose more of a risk for insurers, so these details will be factored into your quote
Your partner’s details
For a joint life insurance policy, you’ll also need to provide some basic details about the health, lifestyle and work of the other person
How to make a claim with Canada Life
Nobody looks forward to having to claim on a life insurance policy, but Canada Life have done everything to make the process as stress-free as possible. Here’s what you’ll need to do:
Call Canada Life on 0345 606 0708
They’ll take it from there. It’s useful to have the following information to hand when you get in contact:
The name of the policy holder, and your relationship to them
The cause of death
Their policy number, if you know it
Why take out life insurance with Canada Life?
Canada Life have been helping families for over 170 years – but are they right for your needs? Here are some further details about what’s included, to help you make the right decision:
Help and support
With Canada Life, you’ll get access to a suite of extra features, including free counselling, second medical opinions, and a personal nurse service
Advance payments
If there’s a delay in your lump sum payout, Canada Life will advance you £10,000 to help cover funeral costs
Fully regulated
Canada Life is fully regulated by the Financial Conduct Authority, which means you can be assured you’re in safe hands
Compare life insurance deals with MoneySuperMarket
At MoneySuperMarket, we’re here to make finding the right life insurance as simple as possible. All you need to do is give us a few simple details about yourself and the cover you want, and we’ll show you quotes from some of the UK’s leading providers. You can compare quotes by price and the level of cover you’ll get – and once you’ve chosen, just click through to your provider to get started.
Guides
Choosing your life insurance is a big decision – and we’re here to help. If you’d like some more information, try one of our guides:
Life insurance calculator
Work out how much cover you’ll need to protect you and the ones you love, with our handy tips.
Types of life insurance
Find out what the different types of life insurance are, and how to choose the right type of policy for you.
Critical illness guide
Everything you need to know about getting financial protection against serious diseases and medical conditions.